If Bitcoin Breaks $100,000 Where Will The Smart Money Be Invested? Will Solana ETF Be Approved In 2025?

Meanwhile, Lunex Network is already delivering staking rewards with up to 18% APYs to early investors before its official launch on the open market.

Bitcoin recently entered a price discovery phase after breaching a critical resistance level during the massive post-election rally. Since a huge institutional investment firm MicroStrategy invested a whopping $5.4 billion in Bitcoin this week, many investors believe Bitcoin’s current rally could push the token’s price beyond the $100,000 mark.

Bitcoin is currently trading for $95,771.72 after a minor intraday decline of 0.49%. Since this short-term retracement is due to Bitcoin’s RSI entering the overbought zone on its daily chart, Bitcoin could continue its uptrend toward the upper resistance at $116,549. If these optimistic estimates stand true, Bitcoin could trigger a market-wide bull cycle that extends into 2025.

Solana recently recorded a new all-time high price which made crypto enthusiasts turn extremely bullish on the token’s future potential. Nate Geraci, owner of The ETF Store, has also announced that the SEC is likely to approve a Solana ETF by the end of the next year. Since Bitwise is already preparing a Solana ETF because of its high institutional demand, it is believed Solana’s price could target the $300 to $400 zone before the end of Q4.

Solana is currently trading for $243.14 after a minor intraday correction of 1.66%. Since this dip is because of Solana’s RSI entering the overbought levels on the SOL/USDT daily chart, which means Solana is likely to retest the critical $262.01 resistance again.

Lunex Network is quickly becoming a top choice for savvy traders during Q4’s bull market. Although Lunex Network is still considered a newcomer in the DeFi market, it is already positioning itself as one of the top low-cap cryptos with a huge potential for growth. Since Lunex Network has managed to accumulate more than $3 million in record time, crypto enthusiasts are positive about the platform’s native LNEX token delivering up to 1800% returns before the end of its viral presale.

Since Lunex Network’s demand has been breaking records every week since its presale launch, LNEX’s limited token supply is running out quickly. Savvy traders are rushing to invest in Lunex Network during presale to take advantage of the attractive staking rewards with up to 18% APYs. At the end of each week, Lunex Network reinvests 18% of its exchange revenue to purchase LNEX tokens on the open market that are distributed amongst current holders as staking rewards. Since this buyback mechanism also increases Lunex Network’s demand, many expect LNEX’s price to remain highly deflationary over time.

Aside from the opportunity to earn a passive income, Lunex Network is gaining traction for its noncustodial DeFi exchange. Instead of being another traditional DEX, Lunex Network is revolutionizing the market with its cross chain trading features. By integrating smart contracts, Lunex Network allows traders to select any two cryptocurrencies across 40+ different blockchains and enter a recipient wallet address to exchange their tokens instantly. Since Lunex Network sources liquidity from several sources, traders no longer have to worry about high gas fees when making cross chain transfers.

By simplifying trading and offering huge rewards in the process, Lunex Network is quickly emerging as the top choice for savvy traders during Q4’s bull cycle. Since Lunex Network’s demand is hitting new records every week, there is an expected price jump before the end of this week.

You can find more information about Lunex (LNEX) Network 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.