Aptos Hits New TVL Milestone With 13% Gain To $630M, Lunex Network Challenges Uniswap’s Multi-Chain Lead
One of the most active blockchain networks, Aptos (APT), made headlines a few days ago after ranking on the list of top 15 networks by total value locked (TVL). As a result of positive sentiment around this, the crypto network spiked by 13.41%, raising its TVL above $630M.
As investors gain optimism for Aptos token, a new DeFi protocol, Lunex Network (LNEX) is raising eyebrows as the next multi-chain DEX poised to surpass Uniswap (UNI). Projected for 1,800% growth, this new DeFi project is already pulling in significant traction in the presale market.
Lunex Network Ushers Users Into A Diverse And Lucrative Multi-Chain DEXWith its focus on consumer-centric solutions, Lunex Network (LNEX) is designed to connect isolated blockchains while allowing users to execute instant swap and transfer of over 50K cryptocurrencies. What’s more special the DeFi protocol is its anonymity, which requires no KYC or third-party crypto wallets, making it a standout in the privacy-focused DeFi space.
Richly among Lunex Network’s features are an institutional liquidity model for instant swaps, smart contract-based transparency, and revenue sharing model. Aside from these enticing features, token holders on Lunex Network can benefit from exclusive discounts, cash-back rewards, and the ability to stake the $LNEX token for up to 18% annual percentage rate (APY).
Beyond the typical DeFi rewards, Lunex Network also allows businesses accept crypto payment and instantly convert them to fiat currency, ultimately enabling B2B access to the DeFi market. With extra perks like the ability to swap over 50,000 cryptocurrencies as well as stake them, Lunex Network is already tipped for a 50x rally by launch day. This positive outlook has prompted investors to rush to secure the token at its current price of $0.0013.
Aptos Network Drives Positive Momentum Amid TVL SurgeJust after Aptos (APT) rose up to become one of the top 15 blockchain networks with a previous TVL rate of $555M, the cryptocurrency network has sparked optimism again after increasing its TVL rate slightly above 13%.
According to DeFiLama, the total value locked by Aptos (APT) has climbed above $630 million, adding over $75 million to its previous milestone. Aptos previously held the 15th position on the list of top blockchain TVL’s but, with this milestone, the network now ranks as the 14th largest, surpassing Bitcoin.
This recent surge also coincides with the growth of Aptos price, whose value finally climbed over its weekly $8.09 resistance, completing over 11% increase in the past seven days. Meanwhile, despite its 40% decline in network activity recently, Aptos TVL milestone and continued surge is increasing positive sentiments about the Aptos token.
Uniswap Price Struggles Through Network and Price VolatilityThe past week has not been so favorable for Uniswap (UNI) as its native UNI token fell drastically below its weekly resistance price of $7.4885. This fall allowed Uniswap token to realize nearly a 10% drop below its price in the past week.
While the Uniswap price is still maintaining a positive month by completing over 8% surge, its network activity points at an uncertain future as it just dropped by almost 26%. Uniswap token is still miles away from its ATH of $44.97 which it secured in Q1 of this 2021, however, 2024 hasn’t been terrible, with the token rising above $15 in April.
Given that the network is currently consolidating, with activity rate dropping, a comeback is expected for Uniswap, especially as the year draws to a close. Being a prominent listing platform, UNI token is set to recover, moreso, as exchange activities increase.
Can Lunex Overthrow A Top DEX Platforms Like Uniswap Next Year?With over $4.524B TLV for Uniswap, the DeFi protocol is not just a top exchange but an influential force in the DeFi market. However, with Lunex Network coming to take decentralized and finance exchange to the next level, mirroring Uniswap success in 2025 is not a far-fetched milestone.
Discover the Exciting Opportunities of the Lunex Network Network (LNEX) Presale Today!
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