Solana has done incredibly well in the last week, growing 7% in the last week of September and inching ever closer to the Ethereum market cap. While Solana has quite a ways to go before it can come close to Ethereum’s market cap, it is growing at nearly twice the rate.
Another token that has done really well in the last week is Lunex. This new CEX/Dex hybrid exchange is making trading a breeze and taking the hassle out of decentralized finance. Lunex is currently in its crypto presale and seeing a massive influx of investors.
Solana (SOL): taking aim at the Ethereum market cap.
The Ethereum market cap is well north of 300 billion, safely making it the #2 coin by quite a margin. But as we’ve been taught, slow and steady wins the race. The Ethereum mainnet came to market in 2015, during which time Ethereum was the only Layer1 solution. Ethereum had a massive head start over a project like Solana, which came along only five years later.
Solana always had ambitions to be the Ethereum killer. Competing with the Ethereum market cap is a massive goal. But the way Solana is growing, it is set to meet the 50% mark before the end of 2025. It may snowball, and the Solana price and market cap may grow exponentially and Solana may overtake the Ethereum market cap yet.
Don’t expect Ethereum to give up easily, however. However, this competition will only benefit investors of both tokens.
Decentralized finance: a problem in search of a solution.
Decentralized Finance (DeFi), has been the greatest invention on the blockchain since the blockchain itself. The principles of decentralized finance are firmly rooted in the free market and democracy – no government oversight, no corporate greed, just peer-to-peer borrowing and lending. It sounds great, but decentralized finance has a massive obstacle.
It is complex. Accessing decentralized finance is technical and daunting and places it out of the reach of the people it is meant to assist. Anyone who can find an elegant, streamlined solution to making decentralized finance accessible to all will be a market giant.
And now, this giant has come in the form of Lunex Network.
Lunex Network: making sense of decentralized finance
Lunex Network is a new hybrid exchange the cryptosphere has been demanding since the invention of crypto. Taking all the best features of centralized exchanges and blending them with the aspects that make decentralized exchanges so attractive, Lunex is offering traders the best of all worlds with absolutely none of the hassles.
It is worth focusing on its DeFi offering. Lunex Network’s DeFi offering revolves around making decentralized finance accessible to all types of traders. Lunex integrates features like seamless cross-chain trading, access to thousands of trading pairs, and a non-custodial wallet system.
This enables users to engage with DeFi products—like staking, liquidity pools, and governance—without sacrificing privacy or control over their assets. Lunex simplifies complex DeFi processes, providing a straightforward yet powerful decentralized trading and investment platform.
Lunex is now in the second stage of its presale, and investors are rushing to invest in this unifying new exchange. Lunex has already seen a $450,000 influx of liquidity, and it has not even been on the market for a week. Lunex is available at $0.0013.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
The post Solana Positioned To Reach 50% Of Ethereum’s Market Cap. Early Investors Prepare To Make Millions As Lunex Network Enters The DeFi Sphere appeared first on ETHNews.
