Polygon’s (POL) recent rebrand left advocates underwhelmed, as attention shifts to the Lunex Network’s ambitious revenue-sharing exchange platform. With plans to onboard 50,000 currencies, including Stellar’s XLM, Lunex Network aims to revolutionize the DeFi space. Let’s see why investors and traders remain keen about Lunex Network’s long-term potential for massive returns.
Polygon’s (POL) Rebrand Fails
The migration from MATIC to POL was completed by Polygon in early September 2024. The new POL token is now the main gas and staking token on Polygon’s Proof-of-Stake (PoS) chain. This change is part of Polygon 2.0, a campaign to build one blockchain system with enhanced functionality and scalability.
POL allows revenue generation from multiple sources, beyond just staking and gas fees. After Binance added Polygon’s POL to various trading products, the token surged by 15%, reaching $0.445. However, the rise was followed by weeks of struggles for Polygon, with POL declining to $0.37.
Could Stellar (XLM) Hit A New ATH This Year?
Stellar (XLM) has remained around $0.095 for months with minor movements in either direction. However Stellar has seen a 5.1% spike in the past month. Currently, Stellar is priced at $0.093, with a notable 16% rise in intraday trading volume, totaling $61.4 million.
Recently, Stellar partnered with MoneyGram and CEX.io to utilize its advanced framework to facilitate quick and efficient crypto-to-cash conversions. This collaboration highlights that despite Stellar’s lackluster price performance, its development and adoption continue to progress, with more partnerships anticipated in the near future.
Stellar is poised by experts to hit a new ATH before year-end following continued growth.
Lunex Network (LNEX) Meets Every Need Of Traders
Lunex Network (LNEX) is an exchange platform developed to cater to all levels of traders. The platform leverages smart contract technology and lets users trade over 50,000 assets at some of the lowest fees in the industry.
Lunex Network prioritizes security and privacy for its users. Unlike traditional exchanges, it has no Know Your Customer (KYC) requirements, allowing traders to maintain full privacy. Additionally, there is no need to connect third-party wallets, which can pose risks to personal data.
More than just a trading platform, Lunex Network features an innovative mobile exchange for convenient trading on the go. It promotes responsible investing and includes a detailed portfolio tracker for effective asset management.
Investors are drawn to Lunex Network due to its strong use case and effective solutions for common issues in DeFi trading. Unlike altcoins such as Polygon and Stellar, Lunex Network addresses problems like liquidity and slippage, providing a more stable investment option.
Lunex Network (LNEX) is in the second stage of its presale and early investors can purchase LNEX for $0.0013. With its solid foundation, LNEX is expected to grow 180x after its official launch, offering significant upside potential for current investors.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork,
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