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Solana and BNB are fighting to reclaim their new highs, but new competitor Lunex Network threatens to steal attention with smart DeFi solutions.
The battle for crypto dominance is heating up as Solana and BNB enter beast mode and vie to reclaim their ATH. Since the political change in the US, Solana’s price has been on steroids depending on the positive development of the ecosystem and institutional interest. BNB was also extremely impressive. BNB has reached a new high and the stakes have never been higher.
Which of these DeFi giants will break its ATH first? Or is this new cryptocurrency threatening to destroy the leaderboard and eventually take the lead? Read on to find out more.
Solana price faces a decline: can it break ATH before BNB?
Solana’s price has been impressive throughout the year and its PoH ecosystem has dominated the headlines. But this once high-flying blockchain has hit a stumbling block after a 17% decline. The decline in Solana price followed the hawkish decision by the Chairman of the US Federal Reserve.
But behind the price drop lies a living story of Solana’s brilliance. This year, Solana’s dApp revenue has increased 15x due to DeFi and meme growth. Even TVL reached a new high. Can it use this momentum to reclaim its ATH ahead of BNB? With resistance at $230 and key support at $190, the race is on.
BNB receives bullish outlook due to increasing TVL staking and whale activity
The BNB receives an optimistic outlook on its…
