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Litecoin’s ETF hype faces bearish signals, while Lunex Network’s DeFi protocol surges 425%, drawing investor interest.
Litecoin’s ETF hype is being threatened by bearish signals on the token’s daily chart, making analysts shift their focus to utility altcoins. Meanwhile, Solana’s recent DeFi activity has outperformed Ethereum by attracting millions in institutional investment, but LTC and SOL continue to battle bearish market trends.
Amid this sentiment, Lunex Network’s next-gen DeFi protocol is gaining traction by changing cross-chain trading. As LNEX surges 425% during its presale, could it be the smartest crypto investment of 2025?
Litecoin price action remains bearish despite ETF approval speculations
Litecoin could become the third cryptocurrency to get a US spot-ETF. The SEC is already reviewing Canary Capital’s application for a Litecoin ETF, and market experts believe Litecoin’s ‘commodity’ status will help secure approval soon.
Despite these optimistic speculations, Litecoin’s price action has turned bearish. At press time, Litecoin was selling for $129.84 following an intraday decrease of 4.2%. Litecoin’s trading volume increased to $1.54 billion, but the bearish signals on Litecoin’s daily chart suggest a possible sell-off.
Since Litecoin’s MACD has formed a bearish crossover, Litecoin’s price could crash to the $100 support soon. Breaking below that level could trigger an even bigger selloff, bringing LTC’s price down to the $71 support.
Solana outshines Ethereum in DeFi activity as its price faces resistance
Solana experienced a record-breaking downfall throughout February, but analysts expect SOL’s price to make a massive comeback in March. The Solana network has gradually grown to a DeFi hub, backed by the mainstream adoption of its meme coins. Despite the bearish price action, the Solana network recorded a DEX volume of $258 billion in January which was 300% higher than Ethereum.
Solana’s ecosystem extends beyond meme coins to handle the mainstream adoption of web3 uses. SOL-based investment products are gaining traction as they recorded a net inflow of $4.5 million, suggesting high investor confidence.
Solana is currently selling for $172.28 following an intraday increase of 2%. Solana’s daily chart has started showing signs of recovery as SOL’s current price is above the 100-EMA and 200-EMA trend lines. If the Solana bulls regain dominance, Solana’s price could outperform Litecoin and test the $294 resistance level during this quarter.
Lunex Network makes cross-chain trading simpler with noncustodial DeFi protocol
Lunex Network’s noncustodial DeFi protocol is attracting thousands of investors during its presale, making this new DeFi altcoin a better investment opportunity than both LTC and SOL. Lunex Network makes trading as simple as possible by allowing cross-chain transfers on over 40 different blockchain networks with 50,000+ cryptocurrency pairs.
The best part about Lunex Network is the lightning-fast transaction speeds and low fees. Every transaction made on Lunex Network is processed through a smart contract that has already passed a SolidProof audit. With this unlimited liquidity, Lunex Network users can make thousands of transactions with tight spreads and zero slippage.
This user-first approach has helped Lunex Network sell more than half of its presale token supply in record time. The platform has already recorded a massive price jump from the initial selling price of $0.0012, and analysts expect even bigger surges as the LNEX token enters the next presale stage.
Early investors receive their LNEX tokens right away, allowing them to lock the tokens for a predefined period and secure up to 18% APYs. Lunex Network also shares a percentage of its weekly revenue with long-term token holders through an open market buyback of LNEX. This mechanism increases LNEX’s demand on DEXs, further increasing the token’s value over time.
Since LNEX is a governance token, investors can use their tokens to vote on important decisions in the Lunex Network ecosystem. LNEX tokens are currently selling for only $0.007 during the presale, making now the ideal time to become part of the Lunex Network ecosystem at a low entry point.
To learn more about Lunex Network, visit the website and join Lunex’s growing community.
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