Avalanche (AVAX) and Stacks (STX) are entering a bullish channel as the market appears ready to turn a new page and start rising again.
This is the perfect time to start researching new gems that could become the protagonists of the 2025 run. One project that is consistently gaining traction is Lunex Network. This is a cutting-edge decentralized exchange that seeks to unite isolated blockchains on a single platform and allow for unprecedented interoperability. Let’s discover why analysts are tipping it as the next 100x play.
Is Avalanche About To Break Out?
Avalanche (AVAX) has been ranging for a good four months as its price has been hovering around the $25 mark with slight deviations in either direction. Today Avalanche sells for $27.60 with a slight 2.65% intraday decrease. The next big resistance level is $30 and Avalanche bulls have tried to conquer it more than once over the last weeks, albeit with little success.
Despite the underwhelming price action, work behind the scenes continues undeterred. Most recently, Avalanche unveiled the AVAX9000 upgrade, aimed at enhancing scalability, interoperability, and generally make life easier for developers who want to build and deploy complex decentralized applications. Moreover, this upgrade also simplifies the launch of layer 1 blockchains, which could greatly expand the already vast Avalanche ecosystem.
Stacks Is Gaining Momentum
Stacks (STX) is a Bitcoin-based layer 2 protocol that brings smart contracts to Bitcoin, which use BTC to settle transactions across the blockchain. When zooming out, a sequence of higher lows indicates that Stacks is on an upward trajectory with the price steadily reclaiming key resistance levels. Currently, Stacks is priced at $1.83 with a 9.3% weekly increase.
The sentiment around Stacks is overwhelmingly positive as 88% of holders are bullish according to CoinMarketCap data. In September, Stacks rolled out sBTC, a Bitcoin-backed asset on the growing Aptos network which allows for BTC to be moved across Aptos-native dApps. This will allow BTC holders to use Bitcoin to engage with DeFi protocols and crypto gaming platforms.
Despite these unequivocally positive developments, both Avalanche and Stacks are set to be outperformed by newer, leaner projects with less baggage and a lot more to prove.
Lunex Network Is Raising The Bar, Will Other DeFi Protocol Keep Up?
Lunex Network takes cross-chain interoperability to the next level as it integrates 40+ blockchains and allows seamless swaps for over 50,000 assets. At the fastest possible speeds and the lowest possible costs. These numbers alone should capture the attention of every investor and trader looking for a versatile next-gen platform that can cater to all their needs. But it doesn’t end here.
No KYC is necessary to join and no third-party wallet is needed. This means that there’s no possibility of sensitive information leaking or other potential exploits that could jeopardize funds. Investors can just select the pair they wish to swap, fill in the receiving address, and confirm the transaction.
A portfolio tracking app will allow them to keep an eye on how their investments are performing across all major asset classes, not just crypto. They can track the movements of bonds, ETFs, stocks, commodities, NFTs, and many more.
On top of that Lunex Network also offers vast real-world utility that could see its adoption spread like wildfire. Let’s face it, crypto’s inherent complexity often drives institutional investors away. Lunex Networks solves this by offering a B2B payment gateway API which will allow businesses to accept crypto as payment and convert it automatically into fiat.
Moreover, developers will also be catered to, as Lunex Network provides 65 RPC nodes for the development and deployment of highly scalable web3 decentralized applications.
It’s impossible to list in a single article all the innovative features that set Lunex Network apart from the increasingly stale competition. This is why readers are invited to head to the official website and see for themselves why this protocol could become one of the key players in the crypto space in the upcoming months.
Right now, stage 3 of the $LNEX token presale is live and tokens sell for only $0.0015. So far more than $800,000 has been raised and demand is growing rapidly. The DeFi narrative is ramping up again and those who take action today could see incredible returns when the bull market is in full swing.
Analysts believe that by the end of the presale alone, $LNEX will see a 1,800% increase, and once it hits the markets, a 100x multiplier is basically a guarantee. The best time to invest? Now!
You can find more information about Lunex (LNEX) Network here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork