Altcoins are taking over the crypto market in Q1 as Sui and BNB prepare to make a bullish recovery soon. Although Solana has also recorded a minor price jump, analysts are more optimistic about Lunex Network, which is expected to see huge returns before the end of this month.
Solana’s price has been on a steady downtrend over the past few weeks, recording a total loss of 14.58% over the last month. These losses came after Solana failed to climb towards its November all-time high level at $270. Despite the bearish predictions around Solana, Solana’s price has managed to make a short-term recovery to $188.09 after an intraday increase of 5.31%.
However, this minor jump isn’t enough to help Solana recover just yet. Solana is still trading below all of its Exponential Moving Averages on the SOL/USDT daily chart which confirms the downward pressure. Solana’s trading volume has also dropped by 14.43% over the last 24 hours which reflects decreased market participation. Since Solana is still in a correction phase, analysts expect Solana’s price to crash toward the $160 to $140 range before heading toward a sustainable recovery.
Sui’s price entered a recovery phase on Friday despite declining more than 10% over the previous week. Analysts believe Sui could experience a rally soon as the token’s Open Interest is boosting a bullish outlook. Sui’s futures OI has climbed to $1.32 billion which suggests high buying activity. Sui’s long-to-short ratio has also reached 1.13 which is its highest level in more than a month.
Sui is currently trading for $4.66 after an intraday increase of 2.09%. Sui is trading above its key Exponential Moving Averages on the SUI/USDT daily chart, confirming the upward trend. If Sui’s MACD level forms a bullish crossover with the signal line soon, Sui’s price could rally towards the R1 level at $4.99 before testing the $5.86 upper resistance.
BNB’s price is only 12% below its record high despite the bearish sentiment across the crypto market, reflecting high resilience in uncertain market conditions. This resilience is all thanks to BNB’s low correlation with Bitcoin’s price and a heavier reliance on the token burn mechanism. In Q4 of 2024, 1.63 million BNB tokens were burned with analysts expecting another quarterly autoburn to incinerate an additional 1.55 million tokens. The scarce BNB supply on the open market is increasing the token’s value over time, positioning BNB as a top contender for growth in January.
BNB is currently trading for $695.72 after an intraday increase of 3.18%. BNB’s daily chart is also showing signs of recovery as the token trades above its 50-EMA, 100-EMA and 200-EMA levels. Since BNB’s Momentum and Bull Bear Power indicators are already flashing buy signals, BNB’s price could rally towards a new high at $881.1 soon.
If there’s one new crypto to hold in 2025, it has to be Lunex Network’s viral DeFi utility and governance token. Lunex Network aims to revolutionize the crypto industry with cross-chain interoperability, low trading fees, and attractive staking rewards. With more than $6.4 million already raised in presale, Lunex Network is preparing to outshine Solana, Sui and BNB by the end of this year.
Lunex Network’s mission to simplify trading is evident in the platform’s integration of the latest Web3 technology. With a fully audited smart contract, Lunex Network allows users to trade thousands of cryptocurrencies across 40+ different blockchains for the lowest cost.
Lunex Network also helps users make better investment decisions with its non-custodial crypto wallet and portfolio tracker. Users can store their tokens, NFTs, stocks and bonds on Lunex Network and view digestible charts and statistics to monitor their progress over time. These features help traders make more informed investment decisions, helping them grow the value of their digital assets over time.
Beyond these secondary gains, Lunex Network also offers a massive passive income opportunity to long-term token holders. Holding $LNEX tokens during the presale helps investors secure up to 18% APY in rewards. Once $LNEX tokens are released on the open market, Lunex Network uses a fixed percentage of its weekly revenue to buy back $LNEX and gives them to current holders as staking rewards to redistribute liquidity within the ecosystem.
For a limited time only, LNEX tokens are selling for a low price of just $0.0056 which makes it the ideal time to invest in this viral project at a low entrypoint. With more than 2.55 billion tokens already sold in record time, analysts expect Lunex Network to record a massive 1800% surge before its official launch day.
You can find more information about Lunex (LNEX) Network here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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