Chainlink and Optimism are finally picking up momentum as both tokens show early signs of an upcoming rally. Meanwhile, Lunex Network’s presale rally has already raised more than 870,000 USDT in record time by selling 675M tokens to early investors. 

Chainlink (LINK) Sees Big Jump in Network Activity

Chainlink’s network activity is recording significant activity this week as Chainlink’s active addresses have increased by 1.25% in the last 24 hours. According to the latest Chainlink news, the number of exchange reserves for Chainlink has also decreased to 166.21 million.

Since only a few Chainlink tokens are currently available on exchanges, Chainlink’s price could experience a significant rally in upcoming weeks. Chainlink is currently trading for $11.16 after an intra-day decrease of 1.11%. Chainlink’s volume has also decreased by 36.93% which means investors are holding their LINK tokens in hopes for more gains in the future. 

Optimism (OP) Gains Investor Confidence After Giving $1.35 Million Grant

Optimism recently awarded a significant $1.35 million grant to Mint Blockchain to enhance innovations in the crypto NFT space. Optimism’s funding is expected to bring more traders towards NFTs, offer lower gas fees, and enhance developer infrastructure. After this big announcement, Optimism’s price recorded 11.09% gains over the previous week. 

Optimism is currently trading for $1.72 after an intra-day decline of 0.40%. Optimism’s volume has decreased by 13.57% in the last 24 hours as some shortholders book profits. Since Optimism is currently trading above its 50-day and 100-day Simple Moving Averages, Optimism’s price is expected to test the critical $2.033 resistance in the next few weeks. 

Lunex Network’s (LNEX) Staking Rewards Bring Huge Influx of Investors to Viral Presale

Lunex Network is still a newcomer in the DeFi space but it is already creating significant buzz in the market with its DeFi exchange with cross-chain trading capabilities. Since Lunex Network has managed to gain investor confidence by raising 870,000 USDT in record time, analysts are tipping at 1800% returns for LNEX by the end of its presale. 

The main driver behind Lunex Network’s explosive growth trajectory is the platform’s cross-chain interoperability features. By integrating smart contracts into its ecosystem, Lunex Network is offering low-cost and lightning-fast trades across 40,000+ different blockchain networks. To make things even better, Lunex Network encrypts every trade on Ethereum’s immutable blockchain to ensure complete security and transparency for users. Since Lunex Network requires no KYC verifications on signup, traders don’t have to provide any sensitive information as they make large transactions. 

Lunex Network is also encouraging long-term holding by offering staking rewards with one of the highest APYs in the market. As Lunex Network generates revenue through merchant listings and transaction fees, it reinvests a significant portion to purchase LNEX tokens on the open market. These tokens are then given to current holders as rewards with up to 18% APY, giving traders a consistent and risk-free source of passive income. 

Even with these features, Lunex Network is currently selling tokens for a low price of only $0.0015 each. As Lunex Network gains popularity in the DeFi space, analysts are tipping at a new all-time high for LNEX token before the end of this week. 

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

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

The post Chainlink (LINK) Hits New Milestone as Lunex Network and Optimism (OP) Soar appeared first on ETHNews.