The Ethereum Killer called Solana (SOL) has joined altcoins trading in the red zone after its latest price decline. Data shows the cryptocurrency has fallen below $200 and could test former lows.
Meanwhile, Lunex Network emerges as a top gainer with 283% Gains. Analysts forecast its price could rally to $1 in the coming year, making it a good cryptocurrency to buy. In other news, Cardano (ADA) is forming a bullish divergence pattern.
Cardano (ADA) Forms Bullish Divergence
This DeFi cryptocurrency has lost the $1 level after a major price correction. CoinMarketCap info shows the value of Cardano (ADA) has dipped by 23.1% on the weekly chart.
Going forward, analysts believe the value of the Cardano coin could rally to new levels. Mr Brownstone forecasts the value of the DeFi coin might rally to $2.50-$3.50 in the coming weeks.
Sssebi, another analyst, points out a bullish divergence is forming on the Cardano price chart. This divergence happens when ADA goes to the oversold level on the RSI while the price chart sets a higher low.
According to Sssebi, this divergence is a buy signal, which means that the price of the Cardano token may soar to new levels soon. However, the analyst also notes that there could be a slight drop in price before this recovery starts.
Solana (SOL) Drops Below a Crucial Level
The Ethereum Killer has been on a downtrend in the past few weeks. The Solana (SOL) cryptocurrency has now fallen below $200 given the bearish sentiment in the market.
CoinMarketCap data shows the Solana coin lost the support level on Thursday. Its price has dropped by 16.0% on the weekly chart and 21.3% on the monthly level.
Nevertheless, technical analysis paints a bullish picture for the Solana crypto. The Stochastic Fast (14) and Williams Percent Range (14) are in the buying territory, which is a bullish signal for the Solana token.
CryptoBatman forecasts the value of the altcoin could rise to $240 in the coming weeks. The analyst noted that there is major support around the $180-$200 level.
Another analyst called VipRoseTr predicts the value of the cryptocurrency could surge to $420. Given this bullish prediction, we might see some price gains in the coming weeks.
Lunex Network (LNEX) Introduces Unique Swap Feature
Lunex Network (LNEX) is set to disrupt the cryptocurrency market through the introduction of a cross-chain swap feature. This revolutionary product allows users to easily swap more than 50,000 cryptocurrencies across various blockchains, which is much more effective than traditional trading systems.
Lunex Network focuses on the convenience of users, which means that the platform does not have complex KYC or verification processes. This approach ensures that the onboarding process is efficient and cryptocurrency trading is easy.
Lunex Network has a special revenue-sharing system, which means that the community is compensated for its loyalty. LNEX token holders are incentivized for long-term engagement as 50% of the platform’s revenue earned from swapping activities goes to them. The remaining 50% is for special bonuses and projects initiated by the community, which also proves the platform’s focus on users.
In addition to the swapping service, Lunex Network provides a flexible B2B non-custodial payment processing gateway. This innovative platform enables companies to easily integrate cryptocurrency payments into their operations for products and services, thus increasing the usage of cryptocurrencies in the market.
At the moment, the LNEX token costs $0.0046, which is a 283% increase. Analysts are expecting a rapid increase in the price of the LNEX token and they are predicting that the token may reach $1 soon. Such a high growth potential makes Lunex Network one of the best investment opportunities.
Lunex Network Emerges As Best Crypto Investment for Gains in 2025 Over Solana (SOL) And Cardano (ADA)
While Solana and Cardano are among the top crypto coins in the market, analysts believe Lunex Network is a worthy contender to consider. They say its terrific presale performance shows huge investor interest in its potential. As the DeFi space continues to grow, Lunex Network could be the dark horse of the century with the potential for 10x returns.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
