Disclaimer: The below article is sponsored, and the views in it do not represent those of ZyCrypto. Readers should conduct independent research before taking any actions related to the project mentioned in this piece. This article should not be regarded as investment advice.
Although Solana’s price has dropped significantly in the past few days, market analysts believe another big move is on the way. While the crypto market rally of 2024 is far from over, Solana is one of the top altcoins that could set new records soon.
Meanwhile, the revelation that Trump’s vice president, JD Vance, is a larger holder of Avalanche makes it one of the altcoins to watch out for in the coming weeks. Also, the Lunex Network (LNEX) cryptocurrency ICO funding has hit almost $5M, driven by the high demand for the LNEX token. Backed by a unique trading exchange, LNEX is tipped to hit 20x this season.
Solana Price Projected To Hit $4000, Expert Says
Solana has witnessed a massive rally recently, reaching the $264 mark in the past few weeks. Known for its high scalability and low fees, the Solana blockchain has become the favorite of institutions, with PayPal developing its stablecoin in Solana.
According to CoinMarketCap data, the Solana price has declined below the $230 support zone, which has become a key resistance. However, a breakthrough above the resistance could spark future rallies. As per Ali Martinez on X, Solana’s price will hit $4K based on the cup and handle pattern. However, Ali thinks the altcoin needs to stay above the $213 mark to stand a chance.
Another analyst, RektProof, in their Solana prediction, thinks the SOL price will move toward $300 soon. Meanwhile, the Solana market cap has moved from $78B in early November to $106B. Also, key market indicators like the commodity channel index are flashing buy signals. With the RSI still below the overbought zone, the SOL price could target $300 soon.
Avalanche Price Prediction – Experts Forecast Rise to $150
Avalanche is another top crypto coin that is drawing attention. Since the announcement of its partnership with FundBridge Capital and Libeara to bring tokenized US Treasury bills into its ecosystem, the popular altcoin has continued to witness bullish momentum.
As per CoinMarketCap, the Avalanche price has increased by 41% in the 30D timeframe, pushing the market cap to $22B before the latest retracement. Although the altcoin failed to maintain support above the $50 mark, notable experts believe the Avalanche crypto will rebound in the coming days.
One such analyst is CryptoBullet. Based on the tweet, the Avalanche price will retest the $41 mark before the continuation of the ongoing rally with a potential target of $150 to $180 in this bull season. Another analyst, CryptoElites, pointed out that AVAX price will hit the $80, $150 and $320 targets in this bull cycle.
Lunex Network Gains Momentum at Presale
Lunex Network (LNEX) is rising to become traders’ favorite barely a few weeks after the presale launch. The new DeFi exchange is designed to connect isolated blockchains and allow for the buying, selling, and swapping digital assets. As a multi-chain, non-custodial DEX exchange, Lunex Network will allow traders to trade directly without needing a KYC or wallet connection.
One of the notable features of the Lunex Network ecosystem is the profit-sharing model, which allows the team to use a percentage of the revenue to buy back the LNEX tokens from the open market and redistribute them to holders. Considering that all listing fees will be paid in LNEX, the token will likely witness buying pressure, boosting the price in the long term.
Outside these, LNEX token holders can decide to stake the token for as little as 30 days and earn a high APY reward. The mobile exchange offers traders over 50k trading pairs at the lowest cost. Traders also have access to a unique portfolio tracker to monitor their assets, while traders can accept cryptos as a means of payment through the merchant payment gateway.
As a trending DeFi project, Lunex Network solves common DeFi problems and opens doors for individuals to earn. The team has raised almost $5M in funding at the ongoing cryptocurrency ICO.
Are These the Best Crypto Coins on Experts’ Watchlists?
The price of Solana has dropped significantly, shattering expectations that it would hit the $300 mark. Avalanche is also struggling after failing to stabilize at the crucial support zone. However, given the growing market activity, these remain the best altcoins to watch in the bull season. Lunex Network’s massive adoption in presale and the robust ecosystem could push the price above $0.5 soon.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.
