Ethereum ETFs See Record $333M Inflows as Lunex Network and Solana Enjoy DeFi Wave

The DeFi crypto market is finally energized. Ethereum ETF just saw a record $333M inflow high.

This surge comes amid growing optimism for DeFi crypto and a favorable regulatory outlook that analysts predict could catapult ETH price to a new high.

This article is sponsored content and does not reflect the opinion of the CryptoDnes team. The material does not constitute investment advice and is provided by the respective company.

The ETH momentum has set altcoins flying – could this be the alt seasons? Well, two top DeFi cryptos are hinting at this reality. DeFi underdog, Lunex Network, is ruling presale with attractive DeFi solutions and excellent prospects. Then, Solana got a positive outlook from the newly filed Grayscale Solana ETF. Let’s find out why this duo is raising dust.

Lunex Network supercharges the DeFi crypto revolution

Lunex Network is redefining DeFi by addressing key challenges in the crypto trading space. Traditional centralized exchanges often struggle with interoperability, but this DeFi crypto ingenuity eliminates these barriers by utilizing advanced smart contract technology.

This innovation enables seamless, low-cost asset swaps across more than 50,000 cryptocurrencies, ensuring speed and efficiency for traders. Security and privacy are also at the core of Lunex Network’s mission. Its invincible Enclave technology and smart contract raise the bar for DeFi security again.

By combining cutting-edge technology, user-centric features, and a focus on accessibility, Lunex Network is paving the way for a more efficient and inclusive financial ecosystem. The project’s success is reflected in the performance of its native token, LNEX, which has surged 200% to $0.0036 from its initial price of $0.001.

Ethereum ETF outpaces Bitcoin with record $333M inflows, A new ETH high?

Skepticism about Ethereum‘s price finding a breakthrough finally settled. Ethereum stole the spotlight after spot-based Ethereum ETFs recorded a staggering $333 million in daily inflows last Friday. The surge outpaced Bitcoin ETFs and even pushed Ethereum ETF inflow to new highs. Right now, Ethereum‘s price is eyeing the $4k mark.

The catch-up momentum has been driven by a confluence of factors: Ether‘s price outperformed Bitcoin on both weekly and monthly metrics. Analysts attribute this resurgence to an improving outlook for the DeFi crypto and a favorable regulatory climate under the incoming US administration.

Grayscale Solana ETF filing boosts SOL outlook

Solana is also getting a bullish reface, and the massive institutional interest it has been getting lately might just be its ultimate saving grace. Recently, Grayscale took the bold step with NYSE Arca to file for the first-ever spot in Solana ETF in the US.

Its price action has been reflective of this win. MoM gain has surged 47% to $240, and analysts have predicted explosive growth to $400 by 2025. The filing comes on the heels of record growth for Solana, whose TVL surged 40% in November to $8.9 billion. Its lightning-fast transaction speeds and low fees have also made Solana an excellent DeFi crypto hub.

Conclusion

DeFi cryptos are roaring back to life. With Ethereum ETFs achieving record-breaking inflows of $333 million and Solana attracting significant institutional interest through its ETF filings, the stage is set for a transformative altcoin season. Meanwhile, Lunex Network is carving its niche by addressing long-standing pain points in crypto trading. In fact, its presale has raised over $4.3M, and it’s still on! Right now, one thing is clear: the DeFi revolution is here, and it’s only just beginning.

You can find more information about Lunex Network (LNEX) here:

Website: https://lunexnetwork.com 

Socials: https://linktr.ee/lunexnetwork

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Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.