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Solana and BNB race to regain their ATH, but new competitor Lunex Network threatens to steal the spotlight with smart DeFi solutions.
The battle for crypto supremacy heats up as Solana and BNB go into beast mode, trying to reclaim their ATH. Since the US political transition, Solana's price has been on steroids at the heels of the development of a progressive ecosystem and institutional interest. BNB, too, has been very impressive. BNB got a new ATH, and the stakes have never been higher.
Which of these DeFi giants will push their ATH first? Or can this new crypto threaten the leaderboard and finally take the lead? Read on to learn more.
Solana Price Faces Decline: Can ATH Break Before BNB?
The price of Solana has been impressive all year, and its PoH ecosystem has dominated headlines. But this once high-flying blockchain has hit a snag after registering a 17% fall. The decline in the price of Solana came at the bottom of the hawkish decision of the Chairman of the Federal Reserve.
But beneath the price drop is a vivid story of Solana's brilliance. This year, Solana's dApp revenue has increased 15x from DeFi and meme growth. Even TVL reached a new high. Can he use this move to get his ATH back before BNB? With resistance at $230 and key support at $190, the race is on.
BNB takes a positive view from TVL activity and whales rising above
BNB taking an optimistic view of its ecosystem benefits, especially the recent BNSOL liquid interest and renewed institutional interest. The BNSOL liquidity program recently surpassed $1b in TVL and has solidified Binance's leadership in DeFi.
Like the price of Solana, BNB is also recovering. The decision of the Fed Reserve hit the mark hard – a decline of 5% in 7 days has pushed prices below $680, but analysts expect a sharp rally. The bullishness and institutional interest that BNB is receiving motivates this firm forecast. Notably, Osprey Funds recently launched the OBNB Chain Trust. Will BNB regain its lead in the race to $1,000? All eyes are on his next move.
Can the new crypto exchange network Lunex steal the spotlight?
Decades after the birth of DeFi, it is still receiving significant updates from the mediocre offerings of old DeFi projects. This year, there was a big turn that threatens the leadership of BNB and Solana: Lunex Network. The new crypto exchange has been changing DeFi by merging DEXs and CEXs.
This platform is quickly gaining traction as solution traders have been wanting for a long time. Lunex Network addresses the liquidity challenge while ensuring strong security through careless wallets. Its flexibility is unmatched, offering a wide selection of over 50,000 trading pairs with seamless cross-chain functionality.
Right now, Lunex Network is doing more than stealing the show. While the prices of BNB and Solana are declining, Lunex Network has created a great momentum. almost $5.5m was raised, and the token has grown by a whopping 300%, thanks to its visual features and the unique revenue sharing program that offers DeFi perfection.
Decision
The race to regain market leadership and increase to ATH is intensifying. Solana's price has shown so much potential to be the next ATH contender, but BNB also provides the perfect showcase. However, the new crypto exchange network Lunex Network may just be the real distraction. Its smart solutions and seamless cross-chain trading have fueled pre-sale gains, more than 300% growth to $0.0048.
To learn more about Lunex Network, visit the website and sociality.
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