There are more volatile markets than ever in the financial space, and even cryptocurrency giants are affected by such conditions. Recent price drops have warned prospective investors in Binance (BNB). The top cryptocurrency platform Binance (BNB) remains a key player for now, but its native token BNB is under severe pressure.
Meanwhile, Ethereum (ETH) is evolving with technical upgrades but also appears vulnerable to market swings. Lunex Network ($LNEX) is shaking up the whole DeFi space and is drawing in traders from far and wide with its generous revenue-sharing model and an array of benefits for traders and developers alike. So why are so many Binance (BNB) & Ethereum (ETH) holders switching gears to move to this new protocol?
Binance (BNB): Falling Price Levels
Binance (BNB) dropped sharply amid regulatory challenges and market pressures recently. Binance Smart Chain 2.0 targets network scalability but Binance’s (BNB) price remains under stern downward pressure.
Regulation crackdowns in key regions like the United States and Europe have distorted investor sentiment, pushing down the overall demand for Binance (BNB).
Ethereum (ETH): Ongoing Network Improvements
Some notable technical changes have been made to Ethereum (ETH) lately. The introduction of Ethereum 2.0 replaced the proof-of-work model with a much more energy-efficient proof-of-stake version. Ethereum has also updated its EIP-4844 upgrade to lower transaction fees and improve scalability.
These technical updates fix Ethereum’s scalability woes and make it a stronger platform for dApps and DeFi. Despite this, Ethereum is still vulnerable to wider market conditions and long-term investors are still doubtful of Ethereum’s prospects.
Lunex Network: Revenue Sharing Model + Developer Tools
With its dynamic offering, which includes a generous revenue-sharing model, Lunex Network ($LNEX) is fast becoming a strong competitor to traditional platforms such as Binance and Ethereum.
Unlike many platforms, Lunex Network ($LNEX) gives 18% of the platform’s profits to holders of the native $LNEX token, which provides a stable passive income stream in addition to token appreciation returns. This model creates a long-term incentive for investors based on the platform’s success and user financial interests, which is likely to increase the protocol’s widespread adoption.
Lunex Network is also making waves for the widespread utility it offers to businesses, traders, and developers alike. For businesses, there is a sleek merchant payment gateway that streamlines the process of accepting cryptocurrencies as a viable payment method. The gateway also conveniently converts payments into fiat currency post-transaction, making this a hassle-free process for businesses that want to expand their audience.
For developers, Lunex Network provides 65 RPC nodes, priming the space for the development of scalable decentralized applications. Such nodes facilitate secure communications between dApps and blockchain with low latency and high reliability for developers. Those wanting to build on a solid, fast platform, will find Lunex Network to be an ideal solution.
Lunex Token Presale: A Promising Investment
Traders looking to invest in new crypto coins are flocking to the Lunex Network ($LNEX) presale. Currently, in stage 3, tokens are available to early investors at an entry price of just $0.0015, with analysts predicting explosive growth of 1800% in the token’s value by the end of 2024. For any savvy investor looking to reinforce their long term crypto investment strategy, the Lunex Network protocol presents a compelling opportunity.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork