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Solana and TRON are seeing increased institutional interest this week as both tokens record impressive surges in their on-chain metrics. Meanwhile, Lunex Network is also soaring to new highs as analysts expect the token to reach a new all-time high price before the end of this week.
Solana (SOL) Investors Turn Bullish on Token for Q4’s Bull Market
Solana’s Total Value Locked has reached $6.43 billion today which marks the highest level since January 2022. As investors regain interest in Solana this week, Solana’s price is expected to retest the critical resistance within the next few days. For now, Solana is trading for $168.34 after an intra-day increase of 1.47%.
Since Solana is currently trading above all of its Simple Moving Averages, analysts are anticipating the current uptrend to continue for the next few weeks. Although Solana’s volume has decreased by 15.30% over the last 24 hours, Solana’s price trend is hinting at bullish momentum. Since Solana’s MACD line recently crossed the signal line on the SOL/USDT daily chart, Solana’s price is expected to test the critical $169.36 resistance soon.
TRON’s (TRX) Large Transactions Surge by Nearly 200%
TRON’s large transactions have increased by a massive 196% over the last 24 hours which reflects significant whale activity. Since 96% of TRON holders are currently in profit, analysts expect TRON’s price to surge to new highs in Q4’s bull market. TRON is currently trading for $0.16 after a minor intra-day increase of 0.21%.
TRON’s community sentiment is currently 80% bullish as TRON is trading above all Simple Moving Averages on the TRX/USDT daily chart. Since TRON’s Momentum Indicator is flashing buy signals, TRON’s price could test the $0.165 resistance in the next few days.
Lunex Network (LNEX) Expected to Lead Upcoming Q4 Altseason
Lunex Network’s new DeFi altcoin is making waves in the market after raising more than $1.2 million in its viral presale. Since Lunex Network’s demand is skyrocketing to new highs every day, analysts are expecting the LNEX token to lead the upcoming altseason in Q4. If that happens, Lunex Network’s price could surge by a massive 1,800% before the end of its presale.
The reason why traders are rushing to add Lunex Network to their portfolios is the platform’s unique DeFi features. By integrating smart contracts on its ecosystem, Lunex Network is offering cross-chain interoperability which means traders can swap any tokens across different blockchains. Since Lunex Network is already compatible with more than 40,000 blockchain networks, the platform is more flexible and dynamic than all existing DEXs and CEXs in the market.
Since Lunex Network is a community-backed token, it gives back to investors in several ways. One way is through the revenue-sharing model which distributes a significant percentage of the platform’s profits to long-term holders through staking rewards with up to 18% APY. Another way is by giving holders exclusive discounts on transaction fees and offering features like node leasing and liquidity mining.
Lunex Network’s presale stage 4 is already 81% sold out as investors show increasing confidence in the token. If Lunex Network’s demand continues to rise throughout Q4, analysts are tipping at a massive 100x rally for LNEX on its official launch day. For now, Lunex Network is selling tokens exclusively on the official website for a low price of only $0.0017 each.
You can find more information about Lunex (LNEX) Network here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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