Solana Price Prediction: VanEck’s $330 Price Target, but New Crypto Presale Token Could Be Set To Leave SOL Behind

October 29, 2024
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3 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

Just when everyone thought Solana had run out of meme luck, the token resumed its bullish trend. Month-on-month gain has improved to 7% to $145, thanks to VanEck's $330 bullish Solana price predictions, which had whales adding to their moonshot holdings.

VanEck's 2.5x bullish Solana price prediction is cool, but many high-potential blue-chip penny cryptos could offer a whole lot more. One such is Lunex Network and its novel AMM decentralized exchange aggregator and DeFi solution that got analysts buzzing with a 100x rise in its ongoing ICO. Is this the best crypto presale token this year? Let's find out.

Solana whale's activities increase. Will Solana really eclipse Ethereum?

Solana's price prediction has barely seen the bearish side since the year started. It's Q4, and Solana is still blazing a trail with an uptick in on-chain metrics and positive price sentiment. Even analysts are whispering about the possibility of it eclipsing Ethereum. Recently, the popular US investment management firm VanEck predicted a medium-term surge to $330 and Solana potentially captured half of Ethereum's valuation.

The insightful Solana price predictions were purely based on the network's unmatchable capabilities, especially its over 30x superior transaction speed and near-zero transaction fees. The result was an astronomical rise in whale activities that reached a record peak. Right now, 59% of Solana's circulating supply is controlled by these deep-pocketed investors.

Solana's recent performance on the price chart even supports the bullish predictions. SOL has a 22% rebound from its monthly low at $121 and is now approaching the key resistance level at $209. If the whales continue their buying spree, a breakout could trigger a broader market rally and propel SOL to a new all-time high. Currently, Solana is hovering around $145 with an 8% gain MoM.

READ MORE   Best Crypto to Buy Now During Market Dip: Top Picks for Big Gains in 2024

Lunex Network: Reinventing DeFi brick by brick with noncustodial cross-chain brilliance

While Solana's price prediction for the rest of the year flips on the bullish side, investors are trooping for Lunex's 100x blue chip potential and DeFi-friendly solution instead. Lunex has proven to be a dark horse, thanks to its unique real-world application in resolving the shortfalls that have plagued DeFi and decentralized asset exchange. Like Solana, Lunex boasts unmatchable innovation.

Its hybrid crypto exchange platform blends the best aspects of CEXs and DEXs—and with a touch of cross-chain, noncustodial, and aggregator brilliance. This ensures users get smoother, slippage-free, and scalable transaction processing. But Lunex's allure isn't ending here. Its tokenomics feature a sustainable, transparent distribution and value-driven utility that hints at a vibrant future for Lunex's native token, LNEX.

This, and the myriads of passive income that LNEX offers, had investors tipping it to be the best crypto presale this year. Token holders get a cut of revenues generated, while investors who want a more hands-on approach get staking, liquidity farming, and node reward opportunities.

Solana's price prediction has given a glimpse into what Solana has to offer for the future—barely 3x. Given that Lunex offers comparable value-driven utility, it's no surprise to see investors dropping to Lunex's high potential, which is well proving to be the best crypto presale this year. Fortunately, you're early! Lunex has zoomed to its fourth presale stage, and the price is still at just $0.0017.

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You can find more information about Lunex Network (LNEX) here:

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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