-AD-
-AD-
HomeNewsWhat's Next in Tron and Kaspa News, as Whales Dump Substantial Holdings...

What’s Next in Tron and Kaspa News, as Whales Dump Substantial Holdings for Brand New ERC-20 Token?

- Advertisement -

Tron and Kaspa are seeing significant changes as crypto whales offload their holdings in favor of a new opportunity. The buzz centers around Lunex Network, a promising ERC-20 token that’s catching the attention of the crypto community with cross-chain capabilities. As the project gains momentum, the $LNEX stage 4 presale has already raised over $1,164,000, drawing a wave of investors eager to capitalize on this emerging blockchain opportunity. 

Tron’s GameFi bet pays off as growth pushes past 10 million users

Tron (TRX) grew strongly in 2024 due to its GameFi initiatives, which have seen huge user adoption spikes. The network is up more than 60% this year but its rally has stalled around $0.16 after trading sideways for almost four months. But despite this, Tron has more than 10 million active monthly users and scalable, fast, and cheap transactions that both developers and users find appealing.

Scalability has been an important driver of Tron’s growth. The network can process large transaction volumes well for decentralized applications (DApps). As blockchain technology advances, Tron’s expanding user base and practical solutions continue to raise its market profile. However, with the rise of competition in the GameFi space, some analysts are questioning how long the current rally can sustain itself. This uncertainty is the drive behind whales shifting to Lunex Network.

Kaspa Faces Crucial Resistance

In the latest Kaspa news, Kaspa’s price has been navigating between $0.1234 and $0.1448, staying close to its 10-day moving average of $0.1265. The Relative Strength Index (RSI) sits near 50, indicating a balanced state in momentum where neither bulls or bears are in clear control. 

The nearest resistance level for Kaspa is at $0.1566, and if the price manages to break above this threshold, it could trigger a push towards $0.1780—an impressive potential gain of around 22%. On the downside, support is at $0.1138 and ought to cushion further losses.

Recent market trends suggest that bearish pressure is cooling and the bulls might be rallying. However, some investors are cautious about the chance that bears will reclaim and dominate Kaspa’s price movement. This uncertainty has led some large players to reallocate their assets to newer opportunities like Lunex Network.

Lunex Network Redefines Trading on Over 40 Blockchains

Lunex Network is transforming the DeFi exchange landscape by incorporating standout features from benchmark platforms like PancakeSwap, with a focus on high utility and fast swaps. Contrary to most centralized exchanges with one blockchain, Lunex Network supports asset transfers across over 40 blockchains and provides traders with lower gas fees and lightning-quick transactions.

With a focus on privacy and user control, Lunex Network does away with KYC verification to provide traders with extra protection. Also, the project’s non-custodial structure provides users control over their private assets and keys, making it a preferred choice for traders and investors searching for safety.

Lunex Network goes beyond conventional trading and gives $LNEX token holders a chance to benefit from passive income. Rather than providing liquidity incentives like SushiSwap or PancakeSwap, the platform splits a portion of its weekly profits with token holders. Additionally, a deflationary mechanism that includes buying back $LNEX tokens from the market helps boost the token’s value as time passes.

The project has already captured significant investor interest, raising over $1,164,000 in its presale, with $LNEX tokens priced at $0.0017 during the fourth stage. Analysts are optimistic, projecting a potential 100x growth by 2025 and a 1800% rally in the coming months, positioning Lunex Network to outperform established projects like Tron and Kaspa.

You can find more information about Lunex Network (LNEX) here:

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

ETHNews: This publication is sponsored. ETHNews does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should conduct their own research before taking any actions related to the company. ETHNews is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.
By accessing and reading this article, you acknowledge and agree to the above disclosure and disclaimer.
Ralf
Ralf
Ralf Klein is a computer engineer specializing in database technology, and as such, he was immediately fascinated by the possibilities of blockchain when he first heard about it, especially since this distributed, tamper-proof technology can be the foundation for much more than just cryptocurrencies. At ETHNews, he translates the articles of his English-speaking colleagues for the German readers. Business Email: info@ethnews.com Phone: +49 160 92211628
RELATED ARTICLES

LATEST ARTICLES