After an unforgettable 400% rally, Ripple (XRP) has stalled as investors take profits. Meanwhile, Tron is showing signs of strength after pulling back to its recent all-time high.

Also gaining momentum is a newcomer, Lunex Network, which aims to reimagine the DEX space with its innovative cross-chain platform.

Is Ripple about to rise again?

In one nearly uninterrupted move, Ripple (XRP) soared to $2.84, a level not seen since early 2018. However, that momentum fizzled as resistance increased, causing Ripple’s price to retreat. Ripple is now consolidating around $2.50 after buyers rushed in to take advantage of the dip to $2.25.

During this surge, Ripple has risen to $142 billion, surpassing Solana, BNB, and even Tether to become the third-largest cryptocurrency in the market. What’s more, after months of extensive testing, the launch of Ripple’s stablecoin RLUSD is imminent. This will give Ripple a leading position in the stablecoin industry and will likely lead to further rallies that could see XRP reclaim the $3 mark by the end of the year.

Tron Enters Accumulation Phase After Reaching ATH

Tron (TRX) has been one of the strongest performers in 2024, showing remarkable resilience during the turbulent summer months. In November, Tron took flight, soaring more than 150% to reach a new all-time high of $0.43.

As selling pressure intensified, Tron pulled back and is now trading at $0.32, with flat price action on the daily time frame and a 55% weekly gain. Trader and analyst Evan Luthra notes that Tron is currently testing breakout levels. A successful bounce off this support could lead to new highs, with the first major target being $0.65, which in turn would open the way to $1 TRX.

How Lunex Could Change the DEX Game

Lunex combines siloed blockchains into a single DeFi protocol that will allow users to trade 50,000 different assets at lightning speed. The platform combines major blockchains including Tron, Ethereum, and Solana, offering competitive swap prices and unprecedented ease of access.

The platform does not require KYC verification or a third-party wallet. Users can easily exchange cryptocurrencies by simply selecting a ticker, specifying the receiving address, and confirming the transaction. Additionally, users can take advantage of the Lunex Pro subscription service to gain access to a wide range of advanced trading tools, including cashback bonuses and wallet verification for AML compliance.

Lunex Network will provide users with an exclusive DeFi wallet and dedicated portfolio tracking to effectively manage assets across multiple classes, including cryptocurrencies, stocks, and bonds. The company aims to offer a full, 360-degree DEX experience that can meet the needs of every type of customer.

Businesses can use a dedicated interoperable blockchain bridge via the Lunex B2B payment gateway API, meaning they can accept cryptocurrency payments that can be quickly converted to fiat at the best rate.

$LNEX token holders will receive periodic rewards for staking via the Lunex Network revenue sharing mechanism. The exchange will reinvest a portion of its weekly profits and distribute them among holders, earning up to 18% APY.

The $LNEX presale is currently in full swing, with tokens selling for as little as $0.0038. Half of the total supply is up for grabs during the presale, with a massive 18x increase expected by the end of the event . Demand is skyrocketing, with over $4.6 million raised in record time. Given everything the project has to offer, $LNEX is set to see massive price multiples once it hits the market. The best time to take action? Today!

More information about Lunex Network (LNEX) can be found here:

Website: https://lunexnetwork.com

Social networks: https://linktr.ee/lunexnetwork