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Trump’s firm swaps $5M USDT for ETH, boosting altcoin momentum; Solana and Lunex Network poised for 2025 surge.
The positivity in the altcoin market has skyrocketed following Donald Trump’s huge involvement with Ethereum (ETH). Recently, it was reported that its financial firm, World Liberty Financial, swapped $5 million USDT for ETH. This raised its Ethereum holding above $55 million.
Riling up the crypto market, several market analysts as well as investors expect positive results after this news. This increasing attention on altcoin is poised to send top cryptocurrencies like Solana (SOL) and fast-rising presale stars like Lunex Network (LNEX) on a parabolic run by 2025.
Ethereum token eyes $5,000 price target – expert says
The attention towards Ethereum (ETH) token has skyrocketed due to Trump’s financial firm raising its ETH holding above $55 million. With this, Ethereum token now takes up over 76% of the firm’s portfolio, leading analysts to predict higher price levels for Ethereum.
For instance, seasoned futures trader and crypto investor, CoinMamba, hinted that the Ethereum coin is looking ready to hit the $5,000 price market with just a single candle. Investors’ confidence also grew after this speculation, with some even expecting ETH price to go past this price.
Another analyst, sighted that Ethereum will hit $4,900 very soon before monumentally rising to $7,238 by latest Q1, 2025. As the price positivity for Ethereum brews, coupled with bullish technical indicators, the token’s recent 9% weekly jump above $3,900 has contributed largely to its optimism as a top crypto to buy.
Grayscale files for Solana ETF amid SOL’s price positivity
Recent news from CoinMarketCap shows that Grayscale is filing for spot SOL ETF, raising positivity for Solana (SOL) price. Beyond this, Solana also maintains a 5.56M active addresses lead even though its DeFi TLV ranking slipped to 3rd position after Tron surpassed it to become the second highest ranking DeFi protocol by TVL.
All of these have raised optimism for Solana as the token itself is reflecting approximately 5% pump in the past month. However, the native SOL price also hit an all-time high of $263 less than three weeks back. While Solana price is currently consolidating with a 3.3% decline in the past week, bullish predictions for the native SOL token are still brewing.
Popular analyst, Ali Martinez, particularly predicted that Solana price is primed to hit $4,000, referencing a particular cup and handle pattern, typically known to indicate a bullish price breakout. In view of this, investors are now filled with FOMO on Solana, as many resort to holding the coin while closely watching its trajectory.
Lunex Network prepares for a parabolic run after ICO stage elapses as investors’ interest booms
Given its interconnected ecosystem, Lunex Network is shaping up as a changing DeFi project set to take cross-chain transactions to the next level. The platform allows fast and secure swap of over 50K crypto assets across 40+ blockchain networks. Meanwhile, considering its non-custodial attribute, users get to have full control over their assets without the need for KYC or third-party applications like Trust Wallet.
Essentially, Lunex Network presents itself as a profitable crypto to buy for both retail and institutional investors as it offers reward programs, including cashbacks on each transaction. Beyond this, the platform also shares the revenue it generates from its swapping services, offering 50% to its users with the other half reserved for exclusive rewards. Coupled with this, Lunex Network assists investors track their portfolio while offering market insights.
Given its unique model, Lunex Network has been able to garner over $5 million in its ICO stage with over 2.2 billion of its presale token supply sold already. Its native token, LNEX, has spiked by 260% to a current price of $0.0044, granting investors significant ROIs. However, market analysts are predicting over 500% presale pump by the end of the year and up to 50x spike on launch day, attracting more investor interest in its network.
Can Lunex network compete with Solana and Ethereum?
The multifaceted approach Lunex Network is taking to redefine crypto exchange protocols is wide. Enabling business merchants and web3 developers to benefit from its decentralized protocol demonstrates its strong potential to lead market adoption in 2025. This could allow it to contend with top cryptocurrencies like ETH and SOL alongside other top altcoins.
To learn more about Lunex Network, visit the website and join Lunex’s growing community.
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