Lunex Network is a rising crypto star with high growth potential and innovative features. With a decentralized exchange that supports over 50,000 assets and a unique revenue-sharing model, Lunex Network seeks to transform crypto trading and asset management. Experts believe it will outperform established players like Avalanche and XRP by 2025. Lunex Network is set to disrupt the blockchain ecosystem by concentrating on privacy, user-friendliness, and scalability.
Avalanche (AVAX) Saw An Over 120% Price Increase In November
Avalanche has recently shown impressive price performance. Nearly 596,000 AVAX tokens were transferred into the Grayscale Avalanche Trust a few days ago, signaling growing confidence from major investors. This transfer highlights the strong interest of significant market players in Avalanche.
The altcoin recorded a 120% gain in November 2024 and has maintained a price above $45 after breaking out of a year-long descending channel. On-chain activity supports this momentum, with active addresses increasing by 28.56% to reach 60,460.
The Avalanche9000 upgrade has significantly strengthened the ecosystem. This upgrade reduced deployment costs by 99.9% and unlocked $40 million in grants for developers, enhancing the platform’s appeal to the broader crypto community. All these developments highlight Avalanche’s increasing prominence in the blockchain space.
XRP (XRP) Becomes 3rd Largest Crypto By Market Cap
XRP recently overtook Tether (USDT) as the third biggest cryptocurrency by market value. By December 1, 2024, XRP had a market cap of $143.8 billion, in comparison with USDT’s $134.5 billion. XRP’s price has jumped 16% to $2.68 in 24 hours and 433% in the past month. XRP also overtook Solana in market cap during the weekend.
Ripple’s legal fight with the SEC and the possible approval of its RLUSD stablecoin have fuelled this particular price rise. Sources indicate that the New York Department of Financial Services (NYDFS) might approve RLUSD on December 4. This approval would enable Ripple to integrate RLUSD directly into RippleNet, strengthening its cross-border payment system and stabilizing XRP.
XRP’s optimism also increased with the SEC leadership change expected shortly. Current SEC chairman Gary Gensler is departing by January 2025 and a more lenient stance toward Ripple is hoped to emerge under a brand new leadership. Some experts think new SEC leadership might result in a settlement or dismissal of the case.
XRP remains 27.6% below its all-time high of $3.40 from Jan 2018 despite the latest rally. The latest surge restored investor confidence in XRP although some analysts point out it might be temporary and warn new buyers of the risks.
Lunex Network (LNEX) Gives Full Control To The Traders
Lunex Network is making waves in DeFi as a hybrid Web3 exchange. Lunex Network brings together the benefits of centralized and decentralized platforms without the typical disadvantages. The platform’s non-custodial structure provides users complete control of the assets, eliminating the security risks of central exchanges. Also, Lunex Network enables e-commerce and trading via its fiat-to-crypto on-ramping system with institutional-grade liquidity.
The platform also stands out by prioritizing security and privacy. Lunex Network removes KYC requirements, giving users an anonymous trading experience. Additionally, its Lunex Pro subscription offers extra benefits like cashback rewards and anti-money laundering checks on wallet addresses, making it highly attractive to investors.
Lunex Network uses smart contract technology to enable seamless trades. This innovation allows users to quickly swap more than 50,000 assets with some of the lowest fees in the market. The ongoing $LNEX token presale has surged by 200%, drawing early adopters and seasoned traders. Many are eager to benefit from Lunex Network’s potential for high returns and its ambitious roadmap.
The crypto market is alive with innovation as projects like Lunex Network, XRP, and Avalanche push boundaries. Lunex Network is leading with its 200% presale growth, while XRP boasts a 345% year-to-date increase, and AVAX is gaining momentum from institutional backing. While XRP and Avalanche may have peaked, Lunex Network’s presale, priced at just $0.0036, remains a hot opportunity.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork