Last week, Solana and Ethereum showed significant growth, attracting crypto whales' attention towards the new Lunex Network token.
Status of Ethereum and Solana
Ethereum is steadily growing with community support, leading to a 1.46% intra-day surge and trading at $3,304.64. However, ETH trading volume declined by 31.69%. Analysts predict further rise to the $3,448 resistance level. Meanwhile, Solana, after minor corrections, aims to enter the top five cryptos, showing a 2.65% increase intraday, reaching $216.26 but with a 20.73% decrease in trading volume.
Lunex Network: New Horizons
Lunex Network, a new cross-chain trading platform, is captivating crypto whales with its innovative approach. Combining features of centralized and decentralized exchanges, it offers improved cross-chain compatibility for traders and investors. Lunex Network is completing its initial presale phase this month, attracting retail and institutional investors alike.
Forecasts and Prospects
Lunex Network features a revenue-sharing model that allocates 18% of weekly revenue to purchase LNEX tokens for redistribution among token holders through staking, ensuring high returns. Analysts forecast significant growth for Lunex Network post-presale, with an anticipated 1800% increase in token value.
Solana and Ethereum continue to garner investor interest, while Lunex Network shows potential for substantial growth owing to its innovative platform and unique revenue model.