The post Solana Could Flip BNB To Become 4th Largest Crypto By Marketcap Say Analysts, What Is Lunex Network And Why’s Its Protocol Set To Become The Binance Killer appeared on BitcoinEthereumNews.com.

Solana is being tipped to flip BNB in the near future, while new DeFi presale sensation Lunex is looking to go on a parabolic run in 2024. New York-based investment management firm VanEck, known for its specialization in exchange-traded funds, recently predicted that hard-charging Layer-1 blockchain platform Solana could potentially peak at a high of $330 before the year ends. If that were to happen, it would flip well-established BNB, the native token of the Binance crypto exchange ecosystem, at the #4 spot among the leading cryptocurrencies by market cap. On the other hand, the newly launched DeFi protocol Lunex Network is being tipped for 100x as a future leader in the DeFi sector with its robust suite of cross-chain DeFi products. Lunex Network has already sold out stage 1 of its presale in record time after selling over 430 million $LNEX tokens in a span of a couple of weeks. Learn why Lunex Network could give both BNB and Solana a run for their money in terms of EOY gains—and why YOU should get in on the early action. Solana closes out September on a high note after VanEck prediction Solana peaked at $160 at the end of September, off the heels of VanEck’s predictions that the Layer-1 protocol could yet go on a run towards $330 by the end of the year and flip BNB in the list of top crypto by market cap. However, Solana corrected in the first week of October, dropping to $134 last October 3rd. Since then, Solana prices have traded around the $150 range, with bulls buying the dip to pump prices back to a critical support level. Solana bulls will have to turn up the heat if it is coming anywhere close to VanEck’s lofty expectations and challenge BNB and Ethereum for…

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Filed under: News - @ October 6, 2024 3:15 pm