SUI Up Nearly 20% in Crypto Market Rally While Solana Price Jumps by Over 20% in Post Election Crypto Market Rally

With Solana’s price surging over 41% in the last 30 days, optimism for a crypto market rally is at an all-time high. SOL has breached previous resistance levels and is now set to surge as analysts anticipate an uptick past its previous all-time high of $259.

SUI is also on the rise, with a notable 14% uptick in the last month, not to mention an additional 20% price increase in just two weeks. SUI recently hit a new all-time high of $2.35, and its market capitalization has peaked above $6 billion for the first time. Can SUI and SOL sustain their ascent in this crypto market rally?

Solana price on track to surpass previous all-time high

Solana’s price has experienced a remarkable surge of over 40% in the last 30 days, SOL holders are excited about a continued crypto market rally that has seen memecoins on Solana’s ecosystem reach new all-time highs. For the better part of 2024, Solana’s memecoin ecosystem has taken center stage, outperforming most altcoins in the crypto space. Multiple memecoins have launched on Solana further boosting Solana’s price bullish ascent. Now that a pro-crypto U.S. president has been elected into office, analysts anticipate a crypto market rally for SOL to a new ATH.

SUI’s ascent attracts more capital inflow, with a market cap now above $6 billion 

Sui’s innovative Layer-1 blockchain built on the Move programming language for secure, robust, and scalable advancement of blockchain technology has seen its price increase by 14% in the last 30 days. This uptick adds to SUI’s year-to-date price increase of over 270% as net flow to SUI’s ecosystem rises to $24 million, surpassing Solana and Ethereum.

What’s more, Sui’s ecosystem has also registered an uptick in new accounts by 5% which is a strong bullish indicator for SUI. SUI is also leading the charge in DeFi with a Total Value Locked that has surged to $1.074 billion from $313 million in August.

Lunex’s new DeFi ecosystem tipped to surpass Solana price

As the crypto market rally heats up, an emerging DeFi disruptor called Lunex is bringing seamless liquidity to DEXs. Your typical decentralized exchange is complex. Lunex simplifies its DEX and aggregators with an intuitive user interface. It also prioritizes non-custodial wallets, which is a plus for users looking for a DEX with the liquidity and slippage-free features of a CEX.

Thanks to Lunex’s integration with multiple chains, you can trade 50,000 currency pairs on one single platform and cut down on transactional costs significantly. What’s more, Lunex’s LNEX token is more than the platform’s utility token. It also serves as a governance token and can be staked for an 18% APY, making Lunex a decent platform for earning passive income. Lunex’s LNEX is now priced at $0.002.

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

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork