Lunex Network is rapidly gaining traction, outpacing popular projects like Sui and Solana. By offering unique cross-chain swap solutions, Lunex attracts both individual and institutional investors.
Sui sees 794% growth since October 2023 low
Sui is now valued at $3.29, rising 5.47% within the last twenty-four hours due to broader bullish momentum. Having soared from its all-time low of $0.3643 in October 2023, the token shows growing popularity among crypto investors. The Total Value Locked (TVL) on Sui blockchain increased to $1.38 billion, indicating growing investor confidence. If momentum holds, Sui could reach $4 soon, with $5 as a potential target later in 2024 as interest and support build up.
Solana’s price hits three-year high
Solana recently crossed $200 and hit a three-year high of $225.21 due to strong industry momentum and demand. However, on November 13, Solana was trading at $202.51, down 5% from the day before. The increasing trading volume up by 3% suggests heightened selling pressure in the market. If conditions change, Solana might push higher again as its fundamental strength in the L1 space remains a key driver of future price action.
How Lunex Network is transforming the DeFi market
With a focus on security, privacy, and interoperability, Lunex Network seeks to disrupt the DeFi industry. Lunex allows users to trade over 50,000 asset pairs across blockchains without third parties, offering a unique portfolio tracker to manage multiple assets. The non-custodial Lunex wallet simplifies the process to just requiring a receiving address. The reward-sharing mechanism redistributes half of swap income to stakers, offering up to 18% APY.
Lunex Network, following a successful $2.2M presale, continues to gain traction, confirming its significance in the DeFi revolution. With growing interest, the project is poised to become a notable force in the market.
