XRP has been recording high network activity for the last few weeks as its Futures Open Interest reached a new peak at $3.91 billion.
Since XRP’s price is currently rallying, analysts are expecting the bullish momentum to continue towards the $4.40 resistance.
Meanwhile, traders are also showing interest in Lunex Network’s low cap altcoin which is already poised for 1,800% gains by early 2025. Since Lunex Network is reshaping the DeFi trading experience, analysts are expecting this new platform to become the leading exchange by 2025.
XRP Records Massive Network Activity with Futures Open Interest Hitting New Peak
XRP recently reached a historic milestone with its Futures Open Interest hitting a record $3.91 billion. This surge in trading activity reflects a strong community engagement as both retail and institutional traders are showing increased interest in XRP.
Since XRP has recently launched its stablecoin RLUSD and is seeing increased adoption in cross-border payments, analysts are expecting more network activity for XRP in the next few weeks. XRP’s derivatives market is already booming with activity as its trading volume has surged by an impressive 289% to hit the $60 billion milestone. XRP’s Options trading has also reached $400,100 with its open interest climbing to $992,330.
XRP’s price is currently at $2.44 after an impressive 27.40% intraday surge. Since XRP’s long/short ratio still stands at 0.9932 which suggests a nearly balanced sentiment. If XRP can maintain its current momentum, XRP’s price could test the $4.4008 upper resistance before the end of Q4.
Lunex Network (LNEX) Reshapes Cross Chain Trading with New DeFi Exchange
Lunex Network is poised for even bigger gains than XRP in 2025 because of its unique cross chain interoperability features. On traditional trading platforms, users have to undergo lengthy processes and connect third-party wallets to transfer tokens across different chains. By resolving this problem, Lunex Network is attracting a range of retail and institutional investors.
Lunex Network is also distinguishing itself from other exchange platforms by focusing on user security and privacy. Since Lunex Network has no KYC checks upon signup, users can enjoy a fully anonymous trading experience. If users opt for the specialized subscription service Lunex Pro, then traders can enjoy additional benefits such as cashback and anti-money laundering checks on their wallet addresses.
To make things even better, Lunex Network also simplifies the trading process for novice traders with its Portfolio Tracker and DeFi Wallet. As users can store all of their digital assets on Lunex Network, they can view updated statistics and charts to track their trading progress over time. These statistics can also help users make better trading decisions and increase their gains over time.
Since Lunex Network is already committed to increasing its adoption across the crypto and real world markets, analysts are projecting up to 1800% gains for LNEX holders by early 2025. Lunex Network’s native LNEX token is currently priced at $0.0033 after a massive 175% jump from its initial price of $0.0012. Since analysts are already expecting another demand induced price jump within the next few days, now is the ideal time to invest in Lunex Network during Q4’s bull market before the token skyrockets in 2025.
You can find more information about Lunex (LNEX) Network here:
- Website: https://lunexnetwork.com
- Socials: https://linktr.ee/lunexnetwork
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
