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Meanwhile, a new altcoin is gaining traction as the next to outperform the entire crypto market. With both SOL and this emerging contender poised for explosive gains, investors are closely watching which token will deliver the highest returns.

Following new analysis, Solana (SOL) Price is on track to beat the $300 mark, shaking off former sentiments about the number 5 cryptocurrency. Over the past month, SOL has surged 4.56%, adding to its 500% increase over the past year. In addition, SOL‘s weekly trading volume grew from $2.48 billion to $2.9 billion.

With over 1,500 decentralized applications (dApps) already built on the Solana (SOL) ecosystem, analysts project a 110% increase in the Solana (SOL) price within the last quarter of 2024. Per technical indicators, SOL recorded 17 green days in the last 30, outperforming 92 of the top 100 cryptocurrencies.

Once hyped as the “Solana Killer,” Kaspa (KAS) has struggled to keep up with expectations. Over the past week, KAS dropped 10.8% in value, with its market cap shrinking to $3.6 billion. Given its 18.66% annual inflation rate, investors and token holders share a negative sentiment about the KAS trajectory.

The narrative of KAS disrupting major blockchains is losing credibility as adoption rates are far lower than anticipated. With 16 red days in the last 30, analysts predict further KAS decline in the coming weeks due to increasing market pressure and broader market downturn.

At a time when the market is correcting into a Fear position, Lunex Network offers crypto trading across 40+ blockchains and 50,000 currency pairs. Since the platform offers a global service, users on Lunex Network enjoy instant swaps and minimal fees without the need for custodial wallets or third-party intermediaries. 

Lunex Network offers a non-custodial wallet that lets users purchase, store, stake, and manage cryptocurrency holdings. Because of its seamless integration of security, usability, and design, traders of all skill levels can fully manage their digital assets. By leveraging its robust aggregation protocol, Lunex Network ensures optimal pricing and liquidity by sourcing from multiple decentralized exchanges (DEXs). 

However, Lunex Network does more than act as a market maker. Its advanced portfolio tracker offers live data, performance analytics, and asset tracking across wallets and investment portfolios. Investors can now make the best decisions based on first-hand market information. Holding the LNEX token further provides users with discounted fees, access to premium services, and staking rewards.

With a growing ecosystem and innovative tools, Lunex Network hits the second stage of its presale at a generous $0.0013 entry. In just a few days, Lunex Network has raised over $500,000 in presale revenue, leading market analysts to back LNEX as a new altcoin capable of grossing 800% within its presale alone.

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

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.

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