October 11, 2024
Ethereum News

Experts Say This Token Under $0.5 Will Shine, Is This the End of Ethereum (ETH) & Solana (SOL) Dominance?

The crypto market is making headlines, as Uruguay recently announced a new law that sees all crypto currencies as virtual assets. In this environment, experts are focusing on one cryptocurrency in particular—Lunex Network (LNEX). This phase two presale star has given early buyers an 8% return in just a few days. Experts predict another 30x surge soon as this rookie brings something new to crypto trading that could change everything.

Meanwhile, Ethereum (ETH) and Solana (SOL) are seeing red price charts that could turn some traders into this newcomer.

Lunex Network (LNEX) To Revolutionize Crypto Trading

Lunex Network (LNEX) is one of the hottest projects right now. It aims to solve all the issues that other crypto trading platforms face. For instance, trading crypto currencies across blockchains can be costly or difficult. But Lunex Network will stand out by connecting all isolated blockchains and making it easy for people to trade across different ones at low rates.

Furthermore, this will all be done in complete privacy as Lunex Network will not require sign-up KYC checks. Thus, people can trade while being anonymous. Those looking for transparency will be happy to learn that all orders will be done on smart contracts instead of the traditional AMM. Due to all these factors, Lunex Network stands out from its rivals.

Currently, people interested in this project are buying its native token, LNEX. This crypto currency is worth just $0.0013 in phase two of its presale, but experts are confident in its growth. They forecast a potential 30x jump after a Tier-1 CEX lists LNEX soon.

Ethereum (ETH) Introduces EIP-7781, Price Stagnates

Ethereum (ETH) is one of the top crypto currencies at the moment. However, some red price charts have been seen recently. CoinMarketCap shows that the price of Ethereum fell nearly 5% on the weekly chart. Currently, the Ethereum crypto is trading between $2,567 and $2,430.

In other news, Ethereum (ETH) proposed the new EIP-7781. This development could make more data blobs available and reduce the block time. This bullish news may cause interest in the Ethereum crypto to rise once more. Experts, in their Ethereum price prediction, forecast a potential value of $2,600 before the end of this quarter.

Solana (SOL) May See Growth Soon

Solana (SOL) is another crypto coin that has seen some turbulence recently. On the seven-day charts, the Solana price fell nearly 5%, as per CoinMarketCap. Nevertheless, crypto analyst Curb remains bullish for this crypto currency. According to his X post, the Solana crypto has seen a 225-day re-accumulation. A potential uptrend may come soon for this coin.

Solana (SOL) is currently below its 10-day EMA of $144 and its 100-day EMA of $145. However, other analysts are also bullish on the Solana coin. For instance, Daghan noticed that this crypto currency has been forming a bull flag pattern for 200 days. Because of these reasons, some analysts foresee a rise to $150 before this month ends in their Solana price prediction.

Can Lunex Network (LNEX) Rise Like Ethereum (ETH) & Solana (SOL)?

While Ethereum (ETH) and Solana (SOL) are well-established crypto coins, Lunex Network (LNEX) is a rookie. This gives it some advantages as it has a smaller market cap. Because of this, it needs less money for its price to rise. Additionally, experts forecast a potential 100x surge if Lunex Network becomes a fan-favorite for millions of traders.

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.