The Rising Stars of 2025 Crypto Market
The post The Rising Stars of 2025 Crypto Market appeared on BitcoinEthereumNews.com.
In 2024 Fantom (FTM) and Sui (SUI) took the spotlight, raking in massive returns that saw them scale the crypto ranking with ease. However, Elluminex (ELX) is set to outperform them both with its unique premise that could revolutionize the entire DeFi space and unlock the latent potential of the TON blockchain. Let’s dive deeper and discover why this project could be one of the hottest plays in 2025. How Elluminex Is Pioneering DeFi On TON TON is the fastest-growing blockchain in the Layer 1 space, tapping directly into Telegram’s massive 950-million user base. Although TON already asserted itself in the crypto gaming niche with viral Telegram-based titles like Notcoin and Hamster Kombat, it still lacks a unified DeFi solution, meaning significant revenue is being left on the table. Ethereum’s numbers and usability skyrocketed when Uniswap was released, the same happened with Binance Smart Chain and Pancake Swap. Soon, TON will have its very own DeFi protocol — Elluminex. However, Elluminex is not just another run-of-the-mill decentralized exchange, it brings forward a 360-degree ecosystem that addresses all inefficiencies commonly found in old-guard protocols. Through its revolutionary cross-chain bridge, Elluminex will integrate all major blockchains and allow them to interface with one another. This in turn will translate into a deep, unified liquidity pool, as liquidity is sourced from the various chains, allowing users to trade and invest with minimal slippage and greatly reduced waiting times. At the core of the Elluminex ecosystem is the $ELX utility token, which will power key features like governance and staking. Holders of the token can opt to stake their $ELX and earn up to 18% APY. This model not only ensures long-term holding but combined with the automated burn mechanism, deflationary pressure will drive the price of $ELX much higher, allowing crypto players to…
Filed under: News - @ January 19, 2025 6:27 am