Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Fueled by Trump’s victory, the crypto market is surging, with Bitcoin aiming for $100k and analysts eyeing massive gains for Solana and Lunex Network.
Inspired by the presidential victory of Donald Trump, the crypto market, led by Bitcoin, has been tearing through new highs. While Bitcoin attempts to reach the $100k milestones, analysts suggest that an electrifying altcoin rally could happen soon.
In the middle of this bullish wave, Solana (SOL) and Lunex Network (LNEX) have caught the attention of investors. Standard Chartered says the value of SOL could increase by 5x in 2025. Also, analysts forecast that Lunex Network could see an 18x surge.
Standard Chartered forecasts 5x rally for Solana
Solana is still showing positive movement on the price charts. Per CoinMarketCap, Solana soared to a monthly peak of $220, recently pushing the positive sentiment in the market following the victory of Donald Trump.
Although the Solana coin has lost some of its gains, it is sill bullish on the weekly and monthly timeframes. Also, the altcoin price is firmly trading above the 50-SMA at $161.32. So, the price of the Solana token could increase in the coming weeks.
Besides, the victory of Donald Trump may be good news for Solana. Earlier, Geoffrey Kendrick, Global Head of Digital Assets Research at the bank, had predicted that the price of Solana could skyrocket with Trump in the White House.
Kendrick claimed that the Trump government would be more beneficial to the digital asset environment, which might help Solana grow at a fast pace.
In this respect, for the year 2025, Standard Chartered believes that Solana coin will perform better than Ethereum. Kendrick thinks SOL could rise 5x under Trump. Another analyst, Altcoin Daily, is bullish about the Solana crypto. They forecast the value of the cryptocurrency could rally to $720 next year.
Lunex Network attracts investors with 18x price rally potential
Lunex Network is currently gaining momentum in the crypto ICO phase, rising to $0.0021. The project has raised over $2 million, but analysts say the value of LNEX could increase by 10x before the year ends. Lunex Network is a DeFi platform created to enable users to enjoy privacy and get financial bonuses.
With a non-custodial trading platform, Lunex empowers traders to retain complete ownership of their funds. Also, Lunex does not require the customer to go through the know-your-customer process which is a necessity when joining other trading platforms—something that is an advantage since it makes it possible for people who do not wish to give their details to trade.
Lunex’s greatest asset is its revenue share policy. Part of the revenue generated by the platform is used to buy back coins from the markets. 50% is used to reward stakers. All these features make Lunex a distinctive option for those who want to get the best of privacy, security and financial profit within the DeFi market.
Lunex also has a VIP plan for people who want more tools and bonuses as a Lunex user. Transaction cashback for VIP subscribers minimizes general trading fees, while premium staking services increase the subscriber’s earnings. Both the non-custodial feature and VIP rewards make Lunex stand out as a provider of DeFi services that will satisfy users who require decentralization and high-earning services.
Conclusion
This new wave of growth in the crypto market points to a potential altcoin rally. Analysts say Solana (SOL) and Lunex Network are the best cryptos to buy now for profits when the upsurge kickstarts.
To learn more about Lunex Network, visit the website and join Lunex’s growing community.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Read the full article here