Sui recently hit an ATH of $5.35 before its price correction over the past few days brought the SUI price down to around $4.3. However, despite the pullback, Sui is still positioned for a price recovery, which might pave the way for another ATH soon. Cardano’s bearish outlook has also seen the ADA price dip by over 16% in a week.
Meanwhile, savvy investors are now eyeing a low-cap DeFi gem, Lunex Network (LNEX). Speculated to have immense growth potential, the project has shaken the presale market with massive investment interest, offering early investors a 366% return on investment.
Lunex Network Emerges As The Next Best DeFi Project
Lunex Network’s major influence lies in its ongoing presale campaign, which has not only succeeded in retaining investors’ interest but also signaled its growth potential. With a recent surge to $0.0056, early investors for Lunex Network continue to reap impressive returns on their investment, which has already sparked increased interest and speculation about the LNEX potential listing on major CEX and DEX platforms.
However, beyond its presale, the intricate DeFi infrastructure Lunex Network has in place also contributes to its growth potential. The project’s capacity to easily facilitate cross-chain transactions across 40-plus blockchain networks while providing access to 50K plus crypto pairs positions it for impressive growth within the DeFi space. Other benefits include secure transactions on the platform backed by immutable smart contracts, zero slippage, low fees, and rapid executions.
Additionally, investors can earn up to 18% APY by staking LNEX tokens for 30 days. Lunex Network has already generated nearly over $6.4M in presale funding, a testament to the project’s high momentum. This gives investors a chance to enjoy higher ROI in the coming months, with another price rally set to happen soon.
Sui Price Eyes ATH Recovery Despite Recent Correction
Sui’s funding rate has remained positive for the last ten days, signaling optimism among its traders despite the recent dip. This sustained positivity suggests that market participants are betting on an incoming price recovery with the potential for a new ATH. The sentiment within the SUI community remains positive, which could provide the needed momentum for a rebound.
The strong optimism among traders points to strong support for SUI, even amid short-term corrections. Sui’s relative strength index has dipped below the neutral position of 45. Trading around the $4.32 support level, favorable market conditions could propel SUI to the $4.79 region. If this occurs, Sui’s price movement could rally towards its all-time high of $5.35, setting the stage for more highs.
However, this bullish outlook might be invalidated if Sui’s price dips below the $4.32 support level to $4.05 or even lower. Such a move will likely trigger a bearish sentiment, potentially increasing the selling pressure.
Cardano Price Set For More Dips
The Cardano price has faced rejection around its weekly resistance level of $0.94, with a weekly dip of over 16%. The trend continues as the Cardano price movement hovers above the $0.87 region. If ADA continues with such a pullback, it could extend the dip to retest its weekly support at $0.74.
Its relative strength index of 44, below the neutral level of 50, points to a continuous bearish outlook. Additionally, the MACD supports a bearish crossover on Sunday, suggesting a dipping trend. However, recent developments, such as the ongoing discussion with enterprise blockchain company Ripple regarding integrating the Ripple USD stablecoin, could propel a bullish outlook.
Moreover, the drop in ADA’s price coincides with a dip in investors’ interest and liquidity within the Cardano chain. Data from DefiLlama also suggest that the TVL on Cardano’s network dipped from $701.4M on December 3, 2024, to $472.8M on January 13, 2025.
Will LNEX Join the Ranks of Top Altcoins Within The DeFi Space?
Given the robustness of Lunex Network’s exchange platform, which includes a deflationary utility token and a cashback reward system, it’s reasonable to conclude that the altcoin holds the potential to dominate the DeFi space. Lunex Network’s specialization in business crypto payment features that allow business owners to accept crypto payments also positions it for massive growth in 2025.
You can find more information about Lunex (LNEX) Network here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork