Chainlink Holders Eyeing New DeFi Protocol Set For 1800% Growth, Solana Monthly Active Addresses Surpass 100M

LINK holders are particularly eyeing a new DeFi protocol, Lunex Network (LNEX). With an 18x growth projected for it after launch, this presale gem is set to gain massive adoption. On a different note, Solana (SOL) has just broken a new record as its monthly active addresses surpass 100M.

The Lunex Network (LNEX) is the latest DeFi protocol on blockchain network, aiming to push the practicality of DEX platforms beyond what we already know it to be. Connecting isolated blockchains together, Lunex Network allows investors to trade over 50K crypto assets in a non-custodial setting where third-party wallets and personal details are not required, and at a competitive low fees.

Meanwhile, the DeFi platform extends its market reach by allowing both businesses and developers to thrive on its network. Precisely, Lunex Network offers a B2B merchant payment gateway, enabling businesses to accept crypto payment and easily swap to fiat currency. Furthermore, developers are able to explore their prowess on Lunex Network as the platform has provided more than 65 RPC nodes to aid Web3 developments.

Lunex Network is also getting more popular in its ongoing presale due to its revenue share model, cash back rewards and other incentives set aside for users. For instance, 50% of the revenue Lunex Network makes from its swapping activities goes to its users as reward. Aside from this, Token holders are set for an 18% APR yield when they stake the $LNEX, which is also expected to rise by 1650% from its current presale price of $0.0015 by launch.

While Chainlink (LINK) token has surpassed $20 this year, a long series of fluctuations which started earlier in the year, has driven Chainlink to a weekly price range of $10.41 to $11.64. This drop emphasizes the bearish momentum in the broader altcoin market, however, Chainlink’s performance has been generally non-impressive this year.

In the past month, Chainlink price was only able to complete about 1% rise after falling from a monthly high near $13. This bearish momentum also aligns with its 0.11% decline in the past seven days, despite its bullish attempt to settle above $11 again.

As Chainlink token holders navigate this bearish momentum, diversifying with other potentially rewarding tokens seems to be the next step. Even Chainlink’s technical analysis shows a strong sell signal when its moving averages are considered.

Already leading other top blockchains by far in monthly active addresses, Solana (SOL) network is making headlines again after experiencing a surge of its active addresses to 100M. 

This new milestone for Solana makes it the blockchain network with the highest number of monthly active addresses. As this marks a new all time high for Solana network, its investors are positive about Solana token staying bullish in the current unstable crypto market. 

Even as Solana price just dipped below its crucial $150 price markt, positive sentiment still remains for this super-fast blockchain network. As a matter of fact, Solana network volume just jumped by over 5% indicating a vibrant interest. 

Both Solana and Lunex Network have vast DeFi capabilities and potential to see exponential gains. However, Solana has gained multiple partnerships in the altcoin market, signaling more opportunities for growth. Regardless, the possibility of Lunex Network contending with and outperforming Solana in 2025, is highly probable.

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

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.