Altcoins that could challenge Binance dominance in 2025: SOL, TON, LNEX

As top DeFi coins like Solana and Toncoin gain momentum, Lunex Network is emerging as a strong competitor with 18x growth potential, set to challenge the DeFi giants in 2025.

As the end of the year draws near, some cryptocurrencies are already setting the pace to spearhead major developments in 2025. In the midst of this, established altcoins could see their dominance wane as stronger competitors begin to rise.

Binance (BNB) for instance is set to face serious challenges from the likes of Solana (SOL) and Toncoin (TON) in 2025 due to their contending stance in the DeFi market. However, this new project, Lunex Network (LNEX), is even set to be a better challenge when it launches as it is already attracting an 18x forecasted growth. Let’s find out why.

Lunex Network brings advanced DeFi practicality, challenges top DeFi Coins

Storming the presale and accumulating over $600k in a few weeks, Lunex Network is already gaining popularity. This new DeFi protocol connects different blockchains, offering users the ability to instantly trade and swap over 50k cryptocurrencies across multiple chains without needing to provide personal information or connect to third-party wallets like Trust Wallet or MetaMask. 

One of Lunex Network’s standout features is its unique revenue-sharing model, where token holders of LNEX receive a percentage of the project’s revenues. Additionally, the platform provides instant swaps backed by institutional liquidity, exclusive token holder discounts, and cash-back rewards, all processed transparently through smart contracts instead of traditional AMMs.

Furthermore, Lunex Network offers a wide range of services, including a mobile exchange for trading 50,000 cryptocurrencies, and a B2B payment gateway for businesses to accept crypto and easily swap them to Fiat. With the addition of a portfolio tracker and Lunex Pro, a subscription service that provides advanced tools such as AML wallet checks, Lunex Network is set for enormous growth from its current price of $0.0013.

Solana price shows strong trajectory

On the 1st of April, Solana hit a peak price of $202, an impressive high that drove its market cap above $75b. However, as expected, Solana didn’t retain this high for so long before it began to consolidate to lower levels.

Moreover, Solana price never lost its bullish sentiment, despite its several fluctuations throughout the year. Solana has particularly maintained over 500% year-to-date gain and just closed the past month with a 10.19% jump. 

This positive momentum, including the recent 40% jump in its network volume, signals possible signs that Solana’s price will continue its resurgence to higher levels than its ATH price of this year. Overall, Solana is positioned as a top DeFi coin right now.

TON sets for a resurgence amid comeback from previous saga

Shortly after the arrest of Pavel Durov, Toncoin’s co-founder, the Toncoin token saw a slight decline which later spurred a series of fluctuations to lower prices. From a year-to-date peak price above $8, Toncoin price has now fallen to a weekly price range of $5.16 – $5.83.

However, with nearly 10% rise in the past month, Toncoin token is still maintaining a bullish sentiment as experts think that the token would most likely experience a huge resurgence.

At the moment, Toncoin is experiencing a surge in network activity, with a 25.44% jump. Despite its 11% weekly decline, Toncoin can potentially hit a comeback price in its next price resurgence.

Can Lunex Network surpass Solana and Toncoin this year?

Considering the short amount of time left before the end of the year, Lunex Network may stand a slim chance to surpass top DeFi giants like Solana and Toncoin. However, in the midst of a market bull run and its ongoing presale, Lunex Network can potentially offer a more stable return than most altcoins in the DeFi market.

To learn more about Lunex Network, visit the website and socials.

This article first appeared at crypto.news