SOL eyes new ATH after crossing PayPal market cap; TON dips as Lunex skyrockets

As Solana approaches its all-time high with an 11.8% surge, Lunex is gaining traction in DeFi, raising over $1.55 million in presale and promising enticing passive income for investors.

SOL could soon breach Solana’s ATH now that SOL is only 31% below its $259 ATH achieved 3 years ago. Solana holders have had meteoric increases, with SOL surging 11.8% in the last month. Toncoin’s TON, however, is losing its bullish momentum with a registered 14% drop in the last 30 days.

It seems that Lunex is shaking up the DeFi space with its hybrid decentralized exchange that gives the likes of TON a run for their money. With Lunex at the 5th stage of its ongoing presale and over $1.55 million raised from investors, Lunex is on track to deliver passive income with an 18% APY for LNEX holders. Analysts have tipped Lunex’s LNEX to surge 100x on launch day.

Lunex’s cross-chain liquidity appeals to DeFi passive income seekers

Lunex has seen its ongoing presale raise over $1.5 million, and at stage 5 of the presale, more investors flock to Lunex’s ecosystem thanks to its capacity to deliver reliable passive income for liquidity providers.

Lunex is outshining TON, which was previously touted as the DeFi token to watch thanks to its affiliation with the popular Telegram app. However, Lunex goes a step further thanks to its non-custodial cross-chain asset transfer platform, which has over 50,000 pairs to trade, making it one of the most scalable alternatives to traditional centralized exchanges.

Most importantly, Lunex features an aggregator that is capable of accessing deep liquidity across different blockchains. Thanks to a unique blend of both on-chain and off-chain elements, Lunex is capable of delivering fast and reliable slippage-free trading while giving users full control over their assets. Only 50% of LNEX’s 4 billion tokens are up for grabs during the presale, making now a perfect time to jump on the LNEX bandwagon.

SOL surpasses Paypal’s market cap in a race for Solana ATH

Solana ATH of over $250 per SOL three years ago is a 31% climb from the current price of SOL at the time of publishing. If Solana continues its bullish ascent past the $200 resistance level, a breakout past $250 is possible if recent analysis from experts is anything to go by. 

Thanks to its scalable blockchain network boosted by a growing number of validator clients, Solana now boasts a market cap of nearly $100 million, outshining PayPal’s market cap, which now stands at $79.9 billion.

Toncoin’s bullish sentiment wanes after network outages

Toncoin’s TON surged in March this year, hitting a new all-time high of over $8 per TON, leaving holders excited about higher returns. However, TON has since seen its price correct with a devastating 39% drop from its ATH to settle at $5.03.

Adding to the downturn is the fact that TON had a series of network outages that saw investors jump ship to other stable networks. With a vision to empower 500 million users, could TON recover from its stagnating price movement?

Conclusion

With Solana’s ATH around the corner, it is likely that SOL could see its dominance increase past legacy payment solutions like Paypal. Toncoin is struggling to sustain its bullish ascent, but Lunex holds the key to unlocking passive income in the DeFi space.

To learn more about Lunex Network, visit the official website and its socials.