Solana (SOL) On Track To $1000: LNEX Price Surges To $0.0038, Could ETH Price Exceed $10,000?

December 8, 2024
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3 min read

This Brand Press post is for informational purposes only and should not be interpreted as financial or investment guidance. Always ensure to carry out due diligence.

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Solana’s price has begun fresh rallies above the $270 level after breaking its critical resistance trendline. These fresh rallies have pushed the SOL price above the 100-day moving average. Similarly, Ethereum (ETH) could be on the brink of breaking out from a three-year consolidation triangle pattern. Meanwhile, Lunex Network (LNEX) is turning heads due to its compelling value proposition and trader-focused perks. 

Offering ultra-low fees and unmatched interoperability, Lunex Network’s presale has gained momentum, raising over $4.5 million in revenue after selling more than 2.1 billion tokens. How will these three bullish assets fare in 2025, particularly as the regulatory climate shifts under Trump’s administration?

LNEX Price Jumps Over 216%, More Gains Incoming

As the crypto market anticipates another bull run, Lunex Network has gained significant attention for its explosive presale momentum and robust trader-focused features. The project has eliminated KYC verification requirements and third-party wallet connections to streamline a seamless token-swapping process for Lunex Network users which minimizes risks of being compromised and data breaches.

Notably, Lunex Network has advanced smart contract technology that facilitates trades across over 50,000 crypto pairs with minimal fees. This underscores its commitment to efficiency and scalability in a rapidly evolving crypto landscape. Additionally, the project offers an impressive staking system with as much as 18% APY. It also supports an array of Layer-1s like Ethereum and Solana alongside meme tokens like DOGE and PEPE.

This provides diverse opportunities for staking. Its standout revenue-share model offers real passive income for LNEX holders, enabling value sustainability for the token. So far, Lunex Network’s native token is in presale and available at the low price of $0.0038. This marks an over 216% leap from its initial offering of $0.0012. Analysts project further rallies on the cards for Lunex Network, presenting an intriguing opportunity for forward-thinking investors to capitalize before the price potentially soars 1800%. 

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SOL Price On Path To $1000

Solana has grown remarkably in the past few weeks and has already started another rally toward the $270 level. The recent rally occurred after the SOL token broke above its critical resistance trendline. Solana’s price now trades above its 100-day simple moving average. In addition to the breakout, the RSI and MACD signal bullish sentiments.

 As such, analysts are increasingly optimistic about the altcoin, suggesting that the SOL price is on the path to reach the $1000 milestone. This would be a 311% rally from its current price level. Currently, the SOL price is testing its critical resistance level at the $300 level, but the pessimism surrounding the Solana ETF approval could fuel a downturn. However, it has yet to be reflected in its price.

Following its recent consolidation phase, analysts see the SOL token breaking above the $300 mark. However, if the SOL coin fails to breach its nearest resistance level, it could drop below the $221 level and test the $200 support level. A sustained decline could invalidate its bullish outlook and signal further consolidation.

ETH To Break Its 3-Year Consolidation Triangle Pattern

Ethereum (ETH), the largest altcoin, has experienced significant gains in the past few days, indicating renewed interest in the crypto asset. The ETH token has seen a surge in open interest among U.S. investors. This index was near the 0.1440 level― its highest since April 2024. During this period, the price of ETH was notably higher. The Coinbase Premium Index typically tracks the price difference between ETH on Coinbase and other global platforms like Binance.

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This could be interpreted as greater demand for ETH among U.S. investors relative to international markets. Per Venture Founder insights, the Ethereum coin is on the brink of bouncing off its three-year consolidation triangle pattern, which could trigger another rally. Once the breakout occurs, the price of Ethereum could register parabolic runs towards the $11K and $15K range.

This ETH price prediction will depend on its ability to replicate its 2016 and 2017 market rally. If the current pattern holds, Ethereum could continue its upward trajectory towards the forecasted levels. Its Total Value Locked (TVL) has increased to $76.63 billion, a level seen in 2022. These cumulative trends suggest a positive technical outlook for Ethereum, suggesting strong market confidence and the potential for extended growth as demand rises.

Lunex Gains Major Attention from Traders

The SOL and ETH price predictions suggest their strong potential for long-term growth. However, the spotlight is shifting to Lunex Network, whose presale offers an intriguing opportunity for early adopters to capitalize on its projected rise. With its recent price increase to $0.0038, now would be the best time to lock in LNEX and its predicted run to the $1 mark in 2025.

Discover the Exciting Opportunities of the Lunex Network (LNEX) Presale Today!

Website: Lunex Network

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This Brand Press post is for informational purposes only and should not be interpreted as financial or investment guidance. Always ensure to carry out due diligence.

About Brand Press: This is a sponsored content service, enabling brands to directly engage with our technology-focused audience. Please note that Brand Press content is created independently of Techpoint Africa's editorial team.

Interested in reaching our dynamic readership? Connect with us at 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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