Several emerging crypto projects are gaining ground as Bitcoin approaches the $70,000 mark. Mantle, Lunex Network, and Cardano are drawing investors’ interest due to their unique features and growth potential. Mantle focuses on privacy, Lunex Network is making waves with its DeFi innovations, and Cardano’s ongoing development in decentralized applications continues to impress. These factors position these altcoins as key players and emerging crypto stars amidst Bitcoin’s dominance.
Mantle Battles Throughput and Adoption Hurdles
Mantle (MNT) is currently trading at around $0.61 with a market cap of $2.09 billion. In the past week, The MNT coin has risen by about 5.81%, showing renewed interest from investors in Layer-2 solutions like Mantle. However, the token experienced a slight decline of 0.25% in the last 24 hours.
Mantle’s trading activity remains strong, with $73 million exchanged daily, indicating active participation in the market. Mantle benefits from being part of Ethereum’s ecosystem, but it faces challenges like underused throughput and relatively low user adoption. Despite these issues, Mantle’s strong fundamentals support its potential for long-term growth.
Cardano’s (ADA) Recent Upgrade Signals Potential for Price Increase
Cardano is a popular altcoin in the crypto world. Recently, its founder, Charles Hoskinson, mentioned that Cardano is currently rigid and approved a new upgrade to address this. A Cardano blockchain developer, Andrew Westberg, explained that this upgrade will enhance Cardano’s intent processing with nested transactions.
In other news, Cardano’s value has increased slightly. Cardano’s price increased almost 10% in the last month. Today, Cardano is trading between $0.33 and $0.35, above its 10-day EMA ($0.354) along with 20-day EMA ($0.355). The recent price actions have provoked projections that Cardano might hit $0.38 by the end of October.
Lunex Network (LNEX) Aims to Capture $200 Billion of the Market by 2028
Lunex Network enables users to independently store, manage, and trade cryptocurrencies across over 40 blockchains. The platform simplifies portfolio management with built-in tracking tools and a cross-chain bridge, making it easy to engage across different blockchains seamlessly.
On Lunex Network, users can trade freely without the need to connect their wallets or disclose personal information for KYC. By leveraging an automated market maker (AMM) model, Lunex Network handles trades through liquidity pools instead of relying on a traditional order book, ensuring that users get competitive pricing while maintaining security.
Unlike on custodial platforms, such as Coinbase and Binance, Lunex Network users maintain complete control over their private keys and, hence, their assets. With Lunex Enclave technology, $LNEX users gain an extra layer of security in a time where artificial intelligence makes certain securities obsolete.
The $LNEX token provides fee discounts and staking rewards of up to 18% APY for holders to earn passive income on the Lunex Network. Additionally, users gain access to premium features designed to enhance their experience and fully utilize the advanced tools available on the Lunex Network platform. These features aim to boost user engagement and provide more opportunities to take advantage of the platform’s cutting-edge capabilities.
At the 3rd presale stage, the $LNEX token is only valued at $0.0015—a generous entry to the future of DEXs. With the DeFi market expected to reach $507.92 billion by 2028, growing at a compound annual growth rate (CAGR) of 43.8%, Lunex Network is poised to capture a significant share of this booming sector. Analysts predict that Lunex Network could dominate over $200 billion of the market shortly after its launch.
With a projected 1800% growth during its presale alone, now is the ideal time to join Lunex Network and take advantage of its early-stage opportunities.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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