Long-Term Holders Sell 828,000 BTC In 30 Days As Investors Diversify Into Altcoins
The top spot among cryptocurrencies is still held by Solana (SOL) and Bitcoin (BTC), although Bitcoin (BTC) has been wobbling recently as long-term holders sold off large amounts of their assets. Solana has been criticized for its token economics but has maintained a strong price trajectory heading into this year. At the same time, a new trading platform, Lonix Network ($LNEX) is gaining attention for its unprecedented trader privacy, efficiency, and interoperability. So how will these major players perform in the next quarter?
Bitcoin (BTC) slows as long-term holders sell off
Bitcoin (BTC) is up 124% this year but has slowed down in the last month, and despite falling over the past 24 hours, Bitcoin has remained relatively flat over the past five days. The broader growth in the cryptocurrency market means that Bitcoin’s growth has actually been quite lackluster this year compared to other large blockchains, leading some long-term Bitcoin (BTC) holders to sell.
Technically speaking, Bitcoin (BTC) has not had a major technical update recently. On the regulatory front, holders remain optimistic after Trump nominated a cryptocurrency enthusiast to chair the U.S. Securities and Exchange Commission upon his official inauguration as president.
Solana (SOL) Tokenomics Under Attack
Solana (SOL) has had a great year, growing 203% in value over the past 12 months. Solana’s growth has been broadly in line with the rest of the cryptocurrency space, with a few additions. However, some Solana (SOL) enthusiasts have criticized the development team for using the token economic model used by Solana. Solana’s current annual inflation rate is 4.9%.
Solana’s goal in this regard is to eventually reach 1.5%, and the current token economics approach seeks to balance network incentives with token scarcity. While Solana remains a strong option in 2025, current interest rates have some holders worried.
The Lunex network offers traders unique advantages
Runex Network ($LNEX) stands out with a powerful set of tools to aid advanced trading. Among these tools is a comprehensive portfolio tracker that goes beyond typical trading tools. What makes its product unique is that it can track electronic transfers, stocks as well as cryptocurrencies, making it a useful aid for traders with multiple investments.
The powerful native token $LNEX sits at the center of the Lunex network ecosystem. The token uses a modern revenue sharing model. This distributes 18% of profits to token holders. These profits are generated through transaction fees and other small premiums, creating an ecosystem that is self-sustaining while benefiting adopters of the protocol.
Lunex Network ($LNEX), which has a token supply capped at 8 billion, introduces a deflationary system that increases scarcity as adoption increases. This setup benefits long-term holders by increasing the potential value of the token over time.
Lunex Network ($LNEX) also attracts developers with its robust infrastructure, which includes 65 RPC nodes for efficient decentralized application development. These nodes facilitate seamless blockchain communication, providing low latency and high performance, which are critical for building scalable applications.
Investors race to grab $LNEX tokens
Now, $LNEX Token Only $0.0038attracted strong interest from investors. Analysts predict that with the dedicated tools provided by Lunex Network for traders and developers, 2000% surge By the end of 2024, the value will increase. For those looking for strong returns, Lunex Network offers a promising investment opportunity.
You can find more information about Lunex Network (LNEX) here:
website: https://lunexnetwork.com
social contact: https://linktr.ee/lunexnetwork
