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Both Cardano (ADA) and Tron (TRX) have had volatile prices in recent quarters. Although the market has been hardest on Tron (TRX), Cardano (ADA) has pulled back and could see a rally in the months to come.
Meanwhile, Lunex Network ($LNEX) is emerging as a key contender in the DeFi arena, offering traders various perks and utilizing cutting-edge blockchain technology to facilitate trading. Here’s why many Cardano & Tron (TRX) holders are now eyeing up Lunex Network.
Tron (TRX): Token-Agnostic Payments
Key innovation and strategic advancements have helped Tron (TRX) weather market fluctuations. Among the most anticipated updates are token-agnostic gas payments that allow users to pay fees for Tether (USDT) transfers using USDT. It is hoped this will make the Tron (TRX) network easier to use, particularly in emerging markets where simplicity is key.
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This upgrade is due for release in the final quarter of 2024 and should maintain stable protocol revenues driven by constant demand for USDT payments and strong network activity.
Cardano (ADA): Vasil Hard Fork & Hydra Update
The current Cardano price prediction suggests that the protocol may rally to $2.50 though this remains to be seen. This Cardano price prediction comes as the platform makes changes to the Vasil Hard Fork which was initially released in 2022. These changes have been focused on scalability and infrastructure optimization, using smart contracts to make transactions faster and cheaper on the Cardano network.
The Vasil upgrade also lets developers create decentralized applications, which could help Cardano expand into the wider DeFi space. Another major development is the Hydra Layer-2 scaling solution which reduces network congestion and speeds up microtransactions thus improving trading performance on Cardano.
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Lunex Network: Shaking Up The DeFi Space
Lunex Network ($LNEX) has entered the DeFi space with an innovative approach and comes kitted out with a range of perks that directly benefit traders. Equipped with the latest smart contract technology, Lunex Network ($LNEX) supports advanced cross-chain trading for over 50,000 assets. Trades are facilitated at lightning pace, all while traders incur minimal gas fees when compared with other conventional exchanges.
This fully decentralized protocol provides both veteran and novice traders with an optimal trading space in which to conduct their crypto dealings. The protocol comes with a unique revenue-sharing model that distributes 18% of platform profits to token holders is one of its highlights.
This model encourages long-term holding and provides passive income in addition to token appreciation.
Lunex Network ($LNEX) has garnered attention for its extensive offerings, appealing not only to traders but also to developers and businesses. A key factor that has sparked interest is the protocol’s strong focus on privacy.
Breaking from the norm of conventional exchanges, Lunex Network ($LNEX) does not require the usual know-your-customer (KYC) verification, and users can make payments without needing to connect third-party wallets.
With stage 4 of the Lunex Network presale currently underway, proactive investors are rushing to purchase tokens, which are priced attractively at $0.0017 each. Analysts are predicting a massive 1800% increase in the token’s value after its launch. For any trader seeking to capitalize on significant growth, Lunex Network is a protocol that shouldn’t be missed.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
