Why This New Breakout DeFi Coin Challenges SOL And SUI For Top Spot In Q1

Why This New Breakout DeFi Coin Challenges SOL And SUI For Top Spot In Q1
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Top altcoins like Solana (SOL) and Sui Network (SUI) have cemented their spot among the top gainers of 2025, having registered significant profits over the past few months. Notably, both cryptocurrencies have surged by more than 200% in the past year alone, which is far more than the growth recorded by the majority of the crypto assets out there.

However, joining this duo with far more rewarding potential is Elluminex (ELX), a fast-rising presale star that is set to revolutionize the TON blockchain. Just as Uniswap did to Ethereum PancakeSwap and Binance, Elluminex is set to expand DeFi accessibility on the TON network, leveraging innovative features like Cross-Chain Bridge, AI-powered Portfolio Tracker, and many more.

Elluminex’s Unrealized Potential On TON Blockchain Could Propel Growth

Beyond its DeFi capabilities, Elluminex (ELX) stands out because of its pioneering role on the TON blockchain. As a unified DeFi Hub, the new platform aims to revolutionize asset management and trading on the TON network. To achieve this, Elluminex offers key solutions including a comprehensive DEX protocol, advanced staking, and farming

Mechanism and cross-chain liquidity solutions, especially among TON projects.

Another feature that distinguishes Elluminex from its peers is its premarket feature; essentially, users get to have early access to TON projects and are able to purchase the token before anyone outside of the ecosystem. Moreso, by offering real-time data, analytics, and insights through its AI-powered portfolio tracker, Elluminex empowers users to stay updated with market conditions and manage their investments more effectively.

Considering its robust infrastructure and pioneering position on the TON network, Elluminex is already regarded as one of the top DeFi projects with enormous unrealized potential. While this has contributed significantly to its rapid presale progression, early backers stand a chance to gain significantly from the token sales post-launch. Currently priced at $0.06, the native $ELX token holds a massive potential to debut as the next game-changing token.

Solana Network Increasing Loads Attracts Bullish Sentiment

Solana (SOL) has been witnessing an influx of network activities especially as the memecoin market goes bullish once again. With the native SOL token required to facilitate the majority of the transactions in the meme coin market, a ripple effect on SOL price is not unexpected. 

Currently, SOL tokens are trading within a week-to-date price range of $215 and $264 which reflects over 22% increase in the past week, bringing the monthly gain to roughly 33%. Although the recent price surge isn’t unusual given that SOL price recently registered an ATH at $294, the increasing network activities point to a more sustainable price trajectory.

Meanwhile, technical analysis on TradingView, including 50, 100, and 200-day SMAs and EMAs points at a very strong buy, which ultimately suggests that the current trend will be sustained for some time before any major correction could take place. 

Sui Token Risks Major Downturn Amidst Price Retracement 

Sui Network (SUI) has been dominating the market since the beginning of its rally back in September 2024. By October of the same year, the SUI token started making headlines for smashing its own record back-to-back. The top altcoin registered its most recent all-time high at $5.35 on January 6 and is now on track to break the same amidst growing interest.

Currently trading within a weekly price range of $4.82 and $4.40, SUI price reflects a noticeable 9% decline in the past week which further shrunk its monthly gain, sending it down to a negative 3%. Although the recent price retracement is largely considered a minor setback considering the broader market sentiment, it is hard to tell how long it will take for SUI prices to rebound.

While there has been a mixed sentiment among market forecasters alike, the  SUI token’s resilience in the current market remains largely debated. According to on-chain analysis, the SUI chart is currently portraying an RSI divergence which can potentially trigger a price reversal. Sharing the same sentiment, Crypto Cove pointed out in a recent X post that SUI price could seek new support in the regions around $3.60 assuming the current one is not held.

SUI vs. SOL vs. ELX: Which Will Hit New ATH Soon?

Although SUI has remained in the spotlight for some time now, the recent price trajectory points to a potential reversal, casting a shadow of doubt on its market resilience. In contrast, Solana’s increasing network activities and Elluminex presale status present a more stable path to recording new ATH any time soon.

For more information about Elluminex (ELX) visit the links below:

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