As Analysts Predict $500 for Solana Price, This Altcoin’s Breakout Potential Is Turning Heads

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Solana’s price has rallied towards a price discovery phase with analysts projecting the token to hit $500 before the end of the year. Meanwhile, Lunex Network is also gaining investor confidence as the platform’s native LNEX token is poised for 1800% gains before its official launch. 

Solana (SOL) Records Higher DEX Volume Than Ethereum

Solana has officially surpassed Ethereum in terms of trading volumes across decentralized exchanges. After this big achievement, Solana experienced significant network activity that pushed the token’s price toward a new peak at $264.31. Although Solana’s price has slightly retracted from that level, analysts are still positive about Solana leading the ongoing bull market in Q4. 

Solana is currently trading for $254.83 after an intraday jump worth 4.50%. Solana’s volume has also increased by 28.88% over the last 24 hours which typically suggests an increased buying activity. If Solana’s demand continues to rise until the end of Q4, analysts expect Solana’s ongoing price discovery phase to record a peak at the $485 resistance level. 

Lunex Network (LNEX) Raises Nearly $3 Million During Explosive Presale

Lunex Network has been on an explosive trend ever since its presale offer was launched several weeks ago. Since Lunex Network’s price has already rallied by a massive 210% from its initial presale stage, analysts are already tipping at 1800% gains for LNEX holders before the token’s official launch. If these bullish predictions stand true, Lunex Network could emerge as the leading DeFi exchange by 2025. 

The main driver behind Lunex Network’s rapid growth is the platform’s cross-chain interoperability features. While traditional DEXs and CEXs still struggle to offer low-cost and efficient cross-chain transfers, Lunex Network is marking a new revolution by integrating smart contracts into its ecosystem. Through these smart contracts, traders can pay the lowest possible transaction fees while trading more than 50,000+ cryptocurrencies across different blockchains. 

If that wasn’t enough, then Lunex Network is also attracting Web3 developers to its interconnected ecosystem by offering 65+ RPC nodes. Since these nodes can be leased by long-term LNEX holders, traders are incentivized to hold Lunex Network tokens with long positions. By becoming long-term stakers, traders can receive huge rewards with up to 18% APYs on a weekly basis. These rewards are paid out through Lunex Network’s revenue sharing model which includes an open market buyback mechanism. Since LNEX holders are eligible for rewards in as little as 30 days, traders can invest in Lunex Network at a low price now and start earning a passive income before the end of the year. 

Even with these remarkable features, Lunex Network’s native LNEX token is selling for a low price of just $0.0031 during its presale. Since LNEX’s demand is soaring through the roof, analysts are already hinting at a major price surge before the end of November. 

You can find more information about Lunex (LNEX) Network here:

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

*This article was paid for. Cryptonomist did not write the article or test the platform.