The post Cardano Sees 970% Developmental Growth— This New DeFi Protocol Aims For 18x As It Attracts Polkadot Whales appeared on BitcoinEthereumNews.com.

According to ChainBroker on X (formerly Twitter), Cardano (ADA) has ascended to being the sixth fastest-growing DeFi project. Rounding up over 970% in growth, Cardano investors are gleaming with optimism, as they anticipate further growth to propel the price of Cardano token. Meanwhile, a new DeFi protocol, Lunex Network (LNEX), is set to challenge Cardano’s market dominance. With an 18x surge expected by launch from an initial offering price of $0.0012, investors, especially Polkadot (DOT) whales, increasingly flooded its presale.  Lunex Network Aims to Solve Cross-Chain Interoperability Issues  Fast-rising presale star, Lunex Network (LNEX) is already aiming to surpass the likes of Cardano and Ethereum. The DeFi project essentially  addresses major pain points in exchange platforms such as high fees and slow transaction speeds. By connecting multiple blockchains, Lunex doesn’t just feature fast and cheaper transactions, it also allows over 50K crypto assets to be traded on its platform without the need for KYC verification. Meanwhile, by leveraging its aggregation protocol, Lunex Network allows users to enjoy the lowest fees when executing cross-chain exchanges. It does this by splitting every trade across blockchains. Furthermore, Lunex network caters to large-scale businesses, allowing them to incorporate crypto payment by simply integrating its B2B merchant payment gateway.   Additionally, the utility token of Lunex Network, $LNEX, offers a unique profit-sharing model, providing holders with a percentage of the platform’s profits while ultimately setting up a passive income stream for users. With several other rewards and incentives available on Lunex Network, investors are buying the LNEX token massively as its ongoing presale has raised over $750k so far.  Cardano Set To Experience Price Resurgence This Year If It Hits Another Milestone  Cardano (ADA) recently made the list of top 10 fastest-growing blockchain projects, there’s a possibility that it might resume a positive price momentum this…

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Filed under: News - @ October 13, 2024 11:00 pm