Recent events in the cryptocurrency market include significant changes in Solana's network, a substantial rally of Bittensor, and the rapidly growing presale of Lunex Network.
Solana Network: Activity and Impact
Last week, Solana's network showcased a record number of active addresses, reaching 4.61 million on October 14. Despite a slight decrease in activity, the demand for Solana continues to rise. The currency remains stable at $154.53, showcasing positive momentum on the daily chart. This may enhance investor confidence, waiting for the critical resistance level test at $169.36.
Bittensor: The Rally Story
Bittensor experienced significant buying pressure, showing a 103.10% gain over the last month. After reaching overbought levels, the token price corrected to the $537 level. Nonetheless, Bittensor retains resilience, with a trading rate of $581.67. Indicators suggest a gradual end to the rally, predicting bearish dominance.
Lunex Network Presale: DeFi Innovations
Lunex Network is gaining popularity due to its unique multi-chain capabilities. The platform's presale has already gathered investments close to 1 million USDT, selling over 675 million tokens. Both retail and institutional investors are showing interest in the platform, which offers seamless crypto-to-fiat transaction integration, drawing developers and investors to its presale.
Developments in the cryptocurrency industry, such as the activation of the Solana network, Bittensor rally, and Lunex Network's presale success, confirm significant trends in the digital assets and DeFi world.