In the ever-changing cryptocurrency industry, attention has shifted to Polygon's rebrand and the launch of the Lunex Network platform. We examine the latest developments and their impact on the market.

Polygon's Rebrand and Its Impact

Polygon recently completed its migration from MATIC to POL, making it the primary gas and staking token on their PoS chain. This is part of Polygon 2.0's campaign to create a single functional and scalable blockchain system. Despite an initial 15% surge following its addition on Binance, the POL token subsequently declined to $0.37.

Stellar (XLM) Growth Prospects

Stellar (XLM) has maintained a stable price around $0.095. Recent growth of 5.1% and new partnerships with MoneyGram and CEX.io indicate XLM's potential for reaching new heights. The platform continues to develop, despite a temporary slowdown in price growth.

Lunex Network: A Platform for Traders

Lunex Network offers an accessible platform to trade over 50,000 assets without KYC, ensuring user security and privacy. In the second stage of its presale, LNEX is expected to grow by 180x following its official launch.

The DeFi sector continues to evolve with new technologies and strategies. Polygon, Stellar, and Lunex Network showcase different approaches in changing their strategies and technological offerings, potentially shifting the market landscape.