Bitcoin Dominance Declines: Here’s What Analysts Predict for Solana, Ethereum and Lunex Network Prices

Bitcoin is consolidating around $90,000, and the alt-coin season is on standby for the time being. The two biggest layer 1’s, Solana and Ethereum, are performing as expected during this sporadic period of stagnation, preceding the full-blown market euphoria projected for December.

In the meantime, smart money investors are clamoring to acquire Lunex Network before the next major market pump. Some analysts believe that Lunex Network is a layup for 10x returns by the end of the year, predicated on LNEX’s positive trajectory during the presale. Read on to learn more.

Can Solana Hit $300 in Q4?

In Q4, Solana has outperformed expectations by breaking past $200, solidifying Solana’s position as the fourth largest crypto in the space. This month, Solana has risen over 55%, as Solana’s network growth continues to thrive and surpass Ethereum’s in 2024.

The momentum behind Solana’s breakout above $200 has led to speculation that it could hit $300-400 as soon as Q4. While a range of $230-260 appears more attainable in the coming months, the potential for Bitcoin to reach $100,000 by December could pave the way for Solana to surpass this optimistic target.

Is Ethereum Experiencing a ‘Slow Death’?

For large portions of the year, Ethereum has largely succumbed to waning hype in the market. Once considered to be cryptocurrency royalty, Ethereum’s high gas fees and slow transactions have highlighted the technological superiorities of alternative layer 1’s, including Solana and Sui.

Many experts believe that Ethereum is experiencing a ‘slow death’. Slowing institutional adoption for Ethereum and the underperformance of Ethereum ETF’s have fueled these bold assertions, though Ethereum is likely to remain entrenched for the remainder of this cycle.

Lunex Network Could 10x as the Market Picks Up Steam Again

While layer 1s like Solana and Ethereum are poised for mild to moderate growth, Lunex Network has been singled out for its potential to net 10x gains by 2024. A groundbreaking DEX-swapping platform, LNEX is bound to grow as the market picks up steam and hype increases.

What sets Lunex Network apart for many users is its removal of KYC requirements, appealing to privacy-focused traders. This feature allows users to maintain anonymity while enjoying a streamlined and hassle-free token trading process. The platform further enhances its user-friendly approach by eliminating the need to connect to third-party wallets like MetaMask or PhantomWallet, rendering the platform highly accessible and privacy-focused.

With the ability to trade over 50,000 assets, Lunex Network ensures seamless transactions at minimal fees. Its advanced smart contract technology enables lightning-fast trades, and users are able to track each transaction conducted on the platform for full transparency.

Additionally, Lunex Network offers a competitive staking system with APYs of up to 18%, supporting a variety of cryptocurrencies including Ethereum and Solana. This is part of the Lunex Network’s revenue-sharing model, a system that incentivizes long-term holding and dissuades sell-offs.

Priced at just $0.0026, Lunex Network is primed to deliver substantial gains in the upcoming bull market, presenting an exceptional opportunity for early investors. Don’t miss out!

You can find more information about Lunex Network (LNEX) on the website and social media platforms.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

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