Pro-crypto sentiment boosts investor confidence, driving Ethereum (ETH) prices up and fueling Chainlink (LINK) gains. The ETH price has been given a bullish stimulus once again by the inflow of Ethereum ETFs. Chainlink is also experiencing growth.
Lunex Network’s DeFi presale attracts significant investment due to its unique value proposition.
Investor and institutional confidence in established altcoins has been significantly enhanced by the pro-crypto political shift. The technical uptick and ecosystem development have provided LINK with a boost on the price chart.
Subsequently, the pioneering multipurpose DeFi powerhouse, Lunex Network, is already enhancing asset trading. This ongoing presale has attracted substantial crypto investment due to its distinctive DeFi value, which has become a magnet. Continue reading to gain a deeper understanding of the most recent market trends.
Lunex Network continues to captivate investors
The two most compelling value-driven propositions that have propelled Lunex into the spotlight in its ongoing presale are innovation and purpose. What began as a DeFi ingenuity has since experienced a meteoric ascent, with no indication of slowing down. Lunex Network has transformed the fantasy of a completely secure, decentralized, and scalable DeFi into a tangible reality with its cross-chain, Ethereum-based AMM DEX.
Lunex Network is supercharging a new era of inclusive DeFi, surpassing traditional DEXs in scope. The ongoing presale has attracted over $3.3M in crypto investment, thanks to the sophisticated DeFi trading tools, mouthwatering income-generating products, and over 50,000 asset pairs on 40+ chains. Also, why not? Lunex prioritizes transparency and security.
Additionally, users may collect a portion of DeFi’s expansion through the Lunex Network. The 18% staking APY and revenue-sharing program have become a top attraction for astute investors. This is the reason why its presale price shot up by 175% to $0.0033, and the excitement has only just begun!
A bull run has been initiated by Ethereum ETFs; is $4,600 the next destination?
Additionally, Ethereum has been generating controversy over the past few weeks. The much-anticipated bullish momentum has been fueled by the increasing institutional interest in the Ethereum ETF. In a mere week, Ethereum’s price has surged by 15% above the $3,500 resistance level, as a result of an inflow of over $515M.
The on-chain increase has been more favorable. The futures premium has increased by 16%, and Ethereum OI has surged to $23.4B. What is even more intriguing is that Ethereum is outperforming BTC. The ETH/BTC ratio has experienced a 15% increase in the past two weeks, suggesting a potential transition to the “altcoin season.” Its momentum may soon be tested against a new ATH above $4,600.
Chainlink eyes new ATH as ecosystem expands
In the past few weeks, Chainlink has experienced an immense expansion of its ecosystem, which has been buoyed by optimism. Link has achieved an outstanding quarterly high of $19, with a 54% month-over-month increase, as a result of the onchain uptick and ecosystem development.
The bullish outlook is further supported by recent partnerships and integrations. In recent days, Chainlink and Optimism formed a partnership to improve DeFi and gaming applications by integrating LINK’s Data Streams and VRF technology. At the same time, Chainlink’s infrastructure has established itself as a fundamental component of the tokenized asset sector, resulting in a 26.2% quarterly increase in tokenized US Treasury bonds. This robust trajectory has the potential to propel LINK to ATH.
