The cryptocurrency market is gaining momentum thanks to optimistic price predictions from analysts like Inmortal. To clarify things, Inmortal has set a new price target for Solana (SOL), one of the leading cryptocurrencies: $500. Meanwhile, Ripple (XRP) is also seeing good price growth with bullish indicators.
However, experts are currently focusing on one DeFi project – Lunex Network (LNEX). During its pre-sale period, this cryptocurrency has already seen a 266% price increase. Some experts suggest a 5,000% increase for LNEX in 2025.
Inmortal: Solana (#Solana ) Price Will Reach $500
Crypto analyst Inmortal recently made headlines with his Solana (SOL) price prediction. According to his recent article on X, Solana’s price will reach $500 and will not be stopped. He also stated that dips are mere distractions to this move.
The price of Solana coin has jumped by almost 5% in the last month alone. Meanwhile, CoinMarketCap shows that its value is moving between $210 and almost $230. Therefore, this Solana price prediction has excited many traders.
Solana (SOL) technical data is also showing bullish signs. TradingView shows that this altcoin is valued above its 50-day EMA ($213) and 100-day EMA ($192). Additionally, its momentum level is at -9.81, which is in the buy zone and suggests further upside.
Ripple (XRP) Shows Bullish Indicators as Price Rises
Ripple (XRP) is another altcoin whose price is showing in green. CoinMarketCap shows that the price of Ripple has increased from nearly $0.60 to over $2 in the last 30 days, an increase of over 300% in just a few weeks.
Market analyst CryptoELITES also excited traders with his Ripple price prediction. In a post X, he told his followers that a second wave of rally for this altcoin is coming soon. He predicts a potential rise to $13 for Ripple (XRP).
Ripple’s technical data supports this claim. TradingView shows that Ripple has a bull-bear power indicator of 0.20 in the buy zone and suggests that bulls could push this value higher. Moreover, it is trading above its 30-day EMA ($1.81) – another bullish sign.
Lunex Network (LNEX) Surges 266%, More Gains Ahead
Lunex Network (LNEX) is also making noise in the cryptocurrency market. This presale star has already surged by 266%. Given that the price of this DeFi coin will increase on a three-day basis, further gains are expected.
Traders are excited about Lunex Network because it could disrupt the DeFi market. According to IBS Intelligence, this market is expected to be worth $48 billion by 2031. Therefore, the long-term stability and growth potential of this DeFi project can be astonishing. To clarify, Lunex Network will launch a new non-custodial trading platform that will connect all the isolated blockchains. On it, people will trade cryptocurrencies across all these blockchains with complete privacy.
By holding the LNEX token, people will enjoy many benefits such as governance voting rights and staking rewards. This DeFi coin is now worth just $0.0044, a 266% increase from its starting price of $0.0012. However, a listing on a tier-1 cryptocurrency exchange could push this value up to $0.0216, a 390% return for anyone who buys this token now. This could make LNEX one of the top tokens to watch.
What could happen to Solana (SOL), Ripple (XRP) and Lunex Network (LNEX)?
Solana (SOL) and Ripple (XRP) are among the most popular cryptocurrencies at the moment and their prices could see big increases. But experts are also focusing on Lunex Network (LNEX). This newcomer will have a smaller market capitalization than its peers. In other words, LNEX may need less money for its price to increase. As a result, experts predict a potential growth of 5,000% for this altcoin in 2025