Ripple (XRP) recently filed an application for its ETFs with the state of Delaware, but investors are already losing interest as the US Securities and Exchange Commission (SEC) has filed an appeal against Ripple in court. As traders sell their Ripple (XRP) holdings, they are turning to Lunex Network’s new DeFi exchange that is already poised for a 100x rally on launch day.

XRP’s Legal Trouble Could Prevent ETFs Approval by SEC

After the successful launches of Bitcoin and Ethereum ETFs this year, Ripple (XRP) is ready to follow in the same footsteps with its own ETF. Bitwise is hoping to launch XRP’s ETF soon as the firm confirmed that Ripple (XRP) has filed an application for an ETF with the state of Delaware. However, the SEC may not approve these XRP ETFs due to their long-standing battle with XRP developers Ripple.

Despite Ripple’s big ETF move, XRP’s price is suddenly on a bearish trend as the SEC appealed the court’s recent ruling favoring Ripple. After this big news, XRP’s price has fallen to $0.5188 due to an 11.75% intra-day decrease. Since XRP’s volume has also increased by 8.49% over the last 24 hours, investors appear to be selling out before Ripple gets in more legal trouble.

Will Lunex Network (LNEX) Join the Top 3 Cryptos in 2025?

Lunex Network (LNEX) might still be in its presale phase, but it is already showing 100x potential. With an innovative strategy to combine isolated blockchain networks on a single non-custodial exchange, Lunex Network is setting itself up for massive gains in 2025. Since Lunex Network’s presale stage 1 sold out in less than 72 hours, analysts believe the platform’s native $LNEX token could experience more bullish rallies throughout Q4.

Since Lunex Network is committed to improving user experience, the platform’s revolutionary DeFi exchange includes no KYC checks and complete transparency on every transaction. With Lunex Network, traders can easily swap or exchange more than 50,000 crypto pairs that operate on different blockchains without entering any private information. To make things even better, Lunex Network processes all transactions through smart contracts which removes the use of automated market makers. Not only does this make each trade slippage-free, but it also ensures lightning-fast transaction speeds and minimal costs.

Another reason why analysts are so bullish on Lunex Network is the platform’s exclusive non-custodial crypto wallet. Traders can store, buy, swap, or stake cryptos on 40+ compatible blockchain networks whilst maintaining their anonymity. Since the funds are stored on the trader’s device, they can maintain full control of their assets from one platform.

While Lunex Network’s native $LNEX powers the DeFi exchange ecosystem, it also serves as an independent utility token on the open market. By holding LNEX tokens, traders can receive a consistent passive income through attractive rewards and high APYs.

As Lunex Network generates revenue from multiple streams, it reinvests its profits to purchase LNEX and distributes them to stakers as rewards with up to 18% APY. With this buyback mechanism increasing LNEX’s demand and the supply hard cap of 8 billion tokens, Lunex Network’s tokenomics are designed to remain deflationary over time.

For a limited time only, Lunex Network is selling presale tokens for a low price of only $0.0013 each. Since analysts are already projecting a massive 1800% surge in LNEX’s price before the end of its presale, Lunex Network is expected to hit a new all-time high within the next two weeks.

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.