Elluminex (ELX) emerges as a game-changing solution in the fast-paced DeFi sector, and savvy investors are increasingly paying attention. While Ethereum (ETH) and Toncoin (TON) keep giving mixed signals amid the heightened volatility, many market participants are mitigating risk by rotating funds into the viral presale of the $ELX token. Read on to discover what makes this project special and why it could become one of the biggest winners of the 2025 bull cycle.
How Elluminex Rewrites The Script And Challenges Uniswap
Although still dominant, established decentralized exchanges like Uniswap and PancakeSwap are becoming increasingly obsolete due to their single-chain frameworks. Elluminex (ELX), on the other hand, presents a unique alternative as it’s designed with cross-chain interoperability in mind. Single-chain protocols suffer from a series of inefficiencies that can hinder investors when trying to move assets between isolated blockchains. Namely, higher fees and slippage, caused by the fragmentation of liquidity.
While Toncoin-native, Elluminex integrates all major blockchains, including Ethereum and Solana, allowing for near-instantaneous transactions and lower fees. Furthermore, slippage is also significantly reduced, as liquidity is sourced from the various chains.
Additionally, Elluminex stands out with its intriguing reward mechanism powered by the $ELX token. Holders will be able to tap into a new passive income stream with up to 18% APY while simultaneously enjoying exclusive access to unreleased TON projects. This system encourages users to engage with the platform on a deeper level while rewarding long-term loyalty.
When considering all this, it’s easy to see that Elluminex is much more than just another run-of-the-mill exchange, as it fundamentally redefines not only the TON ecosystem but the DeFi space as a whole.
Ethereum Is Still Rangebound As Interest Is Waning
Zooming out on the Ethereum (ETH) chart it’s easy to see that Ethereum has been moving within a trending channel for the majority of the past year, as every surge above $3,600 has been quickly met by intense selling pressure. At press time, Ethereum is trading at $3,283 and its price action over the past month saw it hover around this mark with some deviations in either direction.
Rising Ethereum exchange balances, which increased to 15.8 million ETH, and the continuous token sales by the Ethereum Foundation have added to the bearish sentiment. However, despite the stagnation, steady inflows into spot Ethereum ETFs and a rising leverage ratio, now at 0.6, could signal the possible start of a rising momentum. With Ethereum forming a bullish falling wedge pattern and staying above its 200-day EMA, a breakout to $4,000, a 21% gain, remains a strong possibility before the end of January.
Telegram Announces Huge Toncoin News, Galvanizing Community
Telegram has announced that Toncoin will now serve as its exclusive blockchain infrastructure, requiring all Mini Apps with cryptocurrency features to migrate by February 2025. This move aims to standardize blockchain operations within Telegram’s ecosystem, reduce scams, and enhance user trust through Toncoin’s centralized infrastructure. To encourage migration and incentivize developers, the Toncoin Foundation has started offering grants of up to $50,000 for eligible projects.
This show of confidence has resulted in a 3% surge in the Toncoin price, which now sits at $5.28. Toncoin has also been caught in a narrow range around $5, but predictors are confident that a breakout could take place soon, as TON is now pushing against a descending trendline. Furthermore, with Elluminex gaining traction and cementing its position in the broader DeFi landscape, speculators expect the Toncoin-based DEX to funnel significant revenue back into the TON ecosystem, as it leverages the 950 million Telegram user base.
Join The $ELX Presale
50% of the 350 million supply is up for grabs during the $ELX presale and early adopters have already claimed nearly 5 million tokens in just a few days since launch. In the first stage of the presale phase, $ELX sells for just $0.06, marking a perfect entry point for investors who want to join the Elluminex revolution.
For more information about Elluminex (ELX) visit the links below:
Website: https://elluminex.com/
Twitter/X: https://x.com/elluminex
Telegram: https://t.me/Elluminex