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As Solana (SOL) struggles with notable bearish pressure, holders wonder how low it might drop before a possible comeback. Among Solana’s (SOL) latest challenges, another competitor, Lunex Network (LNEX), is rising as a DeFi powerhouse with a potential of up to 50x surge by next year. 

Will Solana (SOL) resume its bullish trend soon or could Lunex Network’s creative approach to privacy, security, and user autonomy offer far bigger profits for investors? Read on to find out why analysts are very bullish on Lunex Network.

Lunex Network (LNEX) Promotes Security In DeFi

With its user-centric platform for flawless trading, swapping, storage, and token staking, Lunex Network is redefining the DeFi market. Lunex Network adopts the philosophy of “your keys, your coins,” guaranteeing users retain total control over their assets and financial sovereignty, unlike traditional decentralised exchanges depending on intrusive KYC checks. 

Because of its dedication to privacy and security, Lunex Network is the perfect option for investors and enthusiasts looking for a safe and hassle-free DeFi experience without compromising autonomy. While the larger DeFi technology industry is expected to expand to $337 billion by 2030, the DeFi market is projected to reach a valuation of $450 billion by 2032. 

Lunex Network is positioned deliberately to profit from this tremendous expansion. Lunex Network is meant to appeal to both aggressive traders and long-term investors by providing institutional-grade liquidity, minimal transaction fees, and attractive cashback benefits. Lunex Network is a promising prospect in the blockchain space and grabbing a share of these huge markets promises amazing rewards for investors.

Forward-looking investors have a golden chance in the ongoing presale of the LNEX coin. With its launch price set at $0.0216, LNEX presents great growth potential despite its present price of barely $0.0048. Combining cutting-edge Web3 processing capability with low pricing will enable Lunex Network to enhance the DeFi experience.

Solana (SOL) Witnesses Significant Bearish Pressure

With the Solana price down 17% over the past week as bears effectively turned the $200 support level into resistance, the altcoin has lately seen notable bearish pressure. With the Solana price retesting the $178 support zone, this bearish momentum has resulted in a pattern of lower highs and lower lows on the Solana price chart. 

Solana’s (SOL) performance over the past month has stayed bearish, down about 30%. Notwithstanding this, the altcoin is rather resilient; 37% of the previous 30 days closed in green and Solana (SOL) had a 7.57% price volatility. Though cautious, the market sentiment is still positive suggesting a possible comeback.

Potential buy chances indicated by the Moving Average Convergence Divergence (MACD) and Moving Averages could draw long-term investors ready to profit from the dips. Short-term indications from the Momentum Oscillator and Commodity Channel Index (CCI) still show sell alerts on the Solana price chart nonetheless. 

Although analysts disagree on immediate prospects, a firm basis at the $178 support level suggests that the altcoin may soon resume an upward trajectory as per a recent Solana price prediction. Some analysts project Solana (SOL) might still reach $270 by year-end.

Looking ahead, a 2025 Solana price prediction estimates the altcoin could trade between $170 and $530. Reflecting Solana’s (SOL) growth potential, it is anticipated to trade on average at over $305 in 2025. Particularly for those with a long-term view, the recent declines in the price of Solana (SOL) could be a good entry point for investors.

Lunex Network Promises Bigger ROIs Than Solana

Lunex Network (LNEX) is fast gathering pace with its creative, privacy-oriented DeFi platform as Solana (SOL) witnesses bearish momentum. Thanks to its innovative technology, cheap fees, and great growth potential in a $450 billion DeFi sector, Lunex Network appears set to provide up to 50x profits by next year. 

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

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

*This article was paid for. Cryptonomist did not write the article or test the platform.