The re-election of Donald Trump into office sparked a grand celebration in the crypto market thanks to his crypto-centric policies. Bitcoin’s price surged close to $100,000 and prominent altcoins such as Solana and XRP also breached previous resistance levels.
Over the last 30 days, Solana’s SOL has surged over 30%, reaching a new all-time high of $263. Solana’s ecosystem is thriving with the advent of meme coins that have seen DEX trading volumes on Solana peak above $100 billion. XRP’s case with the SEC is also nearing a close, sparking a bull run for XRP past previous resistance levels.
Market watchers are also eyeing Lunex and its upcoming LNEX token for the 2025 bull run. Lunex Network is establishing the next generation of DeFi primitives with a DEX and aggregator designed for maximum efficiency. Lunex’s ongoing presale has already raised over $3.6 million, and LNEX is now priced at $0.0033.
Lunex Network revolutionizes the crypto market with deep liquidity
DEXs are quite different from centralized exchanges that often feature intuitive user interfaces and sufficient liquidity. Most DEXs are sophisticated and only suitable for crypto-savvy users in the crypto market. However, Lunex Network is introducing the future of DeFi and Web3 through its multi-chain bridge that not only simplifies the entire DeFi trading process but also delivers speed and cost-efficiency.
Where most DEXs are riddled with low liquidity and high slippage, not to mention impermanent loss, Lunex’s DEX and aggregator offer near-instant transaction finality and negligible network fees. With every transaction, Lunex’s aggregator is able to split the transaction across multiple DEXs, thereby tapping into sufficient liquidity to prevent price slippage.
Apart from offering an optimal trading experience, Lunex also comes with a portfolio tracker capable of intelligent crypto market insights. At the moment, Lunex is hosting its LNEX token presale, and over $3.5 million worth of LNEX has been sold to buyers.
Solana outperforms the crypto market as DEXs thrive
Solana’s SOL has thrived since the re-election of Donald Trump into office. The price of SOL has surged over 30% in the last month, adding to its year-to-date uptick of 322%. Most interesting, however, is Solana’s DeFi ecosystem, which has seen DEXs on the innovative blockchain achieve a cumulative monthly trading volume of over $100 billion. In response to the growing bullish sentiment, SOL’s price has hit a new all-time high of $263, with analysts anticipating $300 as the next target.
XRP holders grow bullish as price targets are set at $3
XRP’s price had struggled to breach the $1 resistance level for several years. XRP’s legal tassel with the SEC once cast a bearish spell that made it difficult for XRP to recover. However, since the election of Trump into office, a bullish sentiment has swept across the crypto market. XRP is finally surging, with a notable price increase of over 180% in the last month.
Conclusion
Onlookers in the crypto market anticipate further upside for XRP and Solana when Trump is inaugurated into office in January. SOL could reach $300 and XRP could flip its previous ATH of $3. Lunex Network is also tipped to surge after its launch on major exchanges.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
