Ethereum Drops Below $2.6K While Solana Holders Anticipate Spot ETFs; Lunex Network Captures Investor Interest With Presale Boom

After a recent climb to the $2,700 mark, the price of Ethereum (ETH) recently witnessed a significant decline that sent it below $2,600. Amid this price movement, holders of Solana (SOL) are still having hopes that Solana (SOL) could be the next crypto for which Spot ETFs will be approved. As the debate continues, crypto enthusiasts are looking forward to what comes next.

Meanwhile, a new sensation has entered the crypto scene. A versatile platform that allows users to trade tens of thousands of cryptocurrencies all in one place, Lunex Network is undergoing the presale phase for its utility token LNEX. As the presale has already recorded over $600K in revenue, this booming presale is attracting a lot of investor interest.

Lunex Network Is Your Go-To Option For Swift Transactions

While many platforms do not consider supporting multiple blockchains, Lunex Network is a new DeFi protocol that gives users access to tens of thousands of cryptocurrencies across multiple blockchains. Not only that, users can be able to both trade currency pairs and swap their coins with ease and for very low fees.

As a result, Lunex Network differentiates itself from some popular platforms like Uniswap and PancakeSwap. Moreover, Lunex Network also prioritizes security. This is evident in the platform’s idea of giving users complete control over their assets and keys. In addition, all the transactions performed by users are carried out on-chain.

Furthermore, it is a normal occurrence for individuals to have one challenge or the other at any time of the day. Hence, Lunex Network provides reliable customer support to address concerns from users 24/7. So investors won’t have to worry about delays when they make a complaint. Meanwhile, for just $0.0013 per LNEX token in stage 2, investors can join the ongoing presale.

Ethereum Price Chart Analysis

From $2,521 to $2,451, the Ethereum price declined approximately 2% during the past month. After reaching the $2,700 mark in the fourth week of September, Ethereum’s (ETH) price has now fallen below the $2,500 threshold amid tougher market conditions.

In contrast, Ethereum (ETH) saw a sharp decline of over 6% from $2,620 throughout the week. The recent Ethereum price drops over the past week and month have left Ethereum holders concerned about its direction this month. Moreover, the community mood for Ethereum (ETH) is currently gloomy.

However, Ethereum price chart analysis predicts that the altcoin could restart its bullish run if the $2,460 support holds. If the bulls can sustain this support, we may see Ethereum climb back to $2,700. However, if bearish momentum prevails and the price of the altcoin goes below the $2,460 support zone, we could see Ethereum revisit the $2,200 zone again.

Solana Price Prediction

Over the previous week and month, the Solana price has displayed a varied price movement. Solana’s (SOL) price dipped by 3% over the past week, although it has soared over 10% in the last 30 days. Furthermore, throughout the preceding month the Solana price climbed from $131 to $160.

Solana (SOL) has slipped below $150 yet, having being turned down at the $160 mark. While the Solana (SOL) community is now feeling hopeful, some analysts estimate the altcoin might reach $168 by next month. Additionally, a new Solana price prediction shows that by 2025, its worth might vary between $144 and $380.

As holders expect more rises in their portfolio, this has generated great buzz among them. Meanwhile, over the previous 30 days, Solana (SOL) showed roughly 57% green days and 7.1% price volatility.

Lunex Network Gets The Attention Of Ethereum And Solana Investors

While the price of Ethereum (ETH) displays a bearish structure and Solana (SOL) gives mixed signals, investors who are considering other promising alternatives look at Lunex Network as a worthwhile investment. With a variety of benefits that makes performing on-chain transactions relatively faster and cheaper, Lunex Network promises a profitable future.

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

Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.