A lot has happened in the DeFi space in the last quarters: CEX giant Binance navigating regulatory hurdles, Fantom releasing its cutting-edge, scalable Sonic Labs network. The new Lunex Network and its revolutionary multichain automated market maker DEX have taken over the headlines. Its presale success, high liquidity, and yield-generating features have analysts predicting massive gains. Could this dark horse topple BNB and the hopeful Fantom price prediction for this bull run? Let’s find out.
Lunex Network: The multichain noncustodial AMM-based DeFi trailblazer
Lunex Network has been the diamond in DeFi’s rough since its inception. It’s been over a decade, and DeFi hasn’t broken free of its security, cross-chain incompatibility, and technical complexity issues. But Lunex Network’s ingenious resolution of these pain points has drawn massive attention from far and wide.
With a $1.2M presale raise, over 81% in gains, and thousands of investors lining up to snap up their shares, it’s a no-brainer that Lunex Network will moon past the meager 2,500% projected during the next bull run. At its core, Lunex is changing DeFi with its Enclave-backed noncustodial security, multichain architecture, and user-friendly interface—an all-around approach to simplifying asset trading.
However, the feature that piqued institutional investors’ interest is its decentralized e-commerce-friendly API solution. Beyond this, retail traders get the best trading tools and earn passive income. But how do BNB and Fantom stack up against this DeFi underdog?
Binance loses market share – Is there a breakthrough for BNB?
BNB and Binance’s powerful impact on DeFi and crypto can never be overemphasized. They power the largest CEX and the fourth largest blockchain network by TVL, BNB Chain. But it seems the tides are shifting! Binance lost 13% of its market share, down to 39.54% from its 52.5% last year. Despite this drop, Binance’s native token, BNB, has remained resilient.
The token’s widespread use has allowed it to maintain a top-five position in market capitalization. It recorded an impressive price growth from $200 in October 2023 to an all-time high of $710 by June 2024. Technical analysis suggests that BNB is currently poised for another upward move if it can maintain support above $588.
Fantom Price Prediction: FTM primed for a bull run amid surging whale activities
Fantom appears poised for a significant bull run, driven by surging whale activity and ingenious ecosystem development. Whale transactions on the Fantom network have skyrocketed to a one-year high, with over $100,000 transactions spiking from 3 million to an astonishing 201 million.
Further boosting optimism is Fantom‘s rebranding as Sonic Labs, a move aimed at redefining blockchain speed. Its impressive 720-millisecond finality puts Fantom‘s Sonic at the front row of capable DLTs. Technically, Fantom has formed a bullish golden cross, with SMAs pushing northward. Analysts predict its return to the ATH of $3.48 in the next bull run.
Conclusion
Innovation-wise, Lunex Network builds on the brilliance that has held established giants like BNB and Fantom up for years. But its performance and projection have massively eclipsed the bullish BNB and Fantom price predictions for the next bull run. Although in the fourth presale stage, Lunex Network has soared 70% to $0.0017. Presale is still ongoing and may soon sell out. Therefore, now is the perfect time to acquire LNEX tokens at a discounted price!
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork