Arbitrum Hits $20B in Trading Volume as Stacks and Lunex Rally—Are We Entering a Mega Bull Run?

Key Takeaways
  • Bitcoin surges past $100K as altcoins STX, ARB, and LNEX set records.
  • Lunex Network leads DeFi with 20% APY staking and cross-chain swaps.
  • ARB hits $20B TVL; STX rallies ahead of sBTC debut in December 2024.
Arbitrum Hits $20B in Trading Volume as Stacks and Lunex Rally—Are We Entering a Mega Bull Run?

Crypto Bull Run in Sight: Bitcoin Hits $100K, Altcoins Surge!

The crypto market appears to be reinventing itself, with Bitcoin price crossing $100,000 and Arbitrum (ARB) hitting $20 billion in TVL. Stacks (STX) and Lunex Network (LNEX) are also setting price records as the year wraps up.

Amid this significant trading activity in altcoins, investors are watching closely for signs of a mega bull run. Could these developments signal the beginning of a historic crypto cycle? This article explores the factors driving excitement and what to expect next.  

Lunex Network Bridges DeFi Gaps With Cross-Chain Swaps and Staking

Lunex Network is setting a new benchmark in DeFi by solving issues associated with access, security, and innovation. As a non-custodial exchange, Lunex Network allows users to maintain full control over their assets while offering seamless swaps across over 40 blockchains. This multi-chain capability enables interaction with thousands of tokens, simplifying cross-chain transactions for both experienced traders and newcomers.

For access, Lunex Network’s aggregation protocol sources liquidity from various decentralized exchanges to ensure competitive rates and minimal slippage. Users benefit from transactions that are faster and more efficient than the industry average. The platform also introduces staking opportunities, offering around 20% APY as a benefit. 

Additionally, Lunex Network is audited by SolidProof, proving its network security. To be completely foolproof, Lunex Network maintains an active bug bounty program, offering rewards up to $25,000 for the identification of security vulnerabilities within its smart contracts and dApps.

Arbitrum Price Gains Momentum As Layer-2 Coin Sets New Records

Less than a month after Arbitrum (ARB) hit $20 billion in monthly trading on Uniswap, the layer-2 coin has now crossed $20 billion in TVL. The ARB token reached an all-time high in stablecoin adoption and increased DEX trading volume too. With 20 green days in the last 30 days, the Arbitrum price surged by 104%, taking its market cap above $4.8 billion.

Moreover, Arbitrum (ARB) has maintained a good “buy” signal per technical indicators. According to analysts like CoinCodex, the price of Arbitrum (ARB) is predicted to rise by 225% and reach $3.84 before mid-January. Sentiments at this time are largely bullish as 87% of the ARB community vote in this direction.

Seasonal Trends Favor Stacks (STX) as sBTC Debut Nears

Over the past week, STX’s value increased by 16.3%, benefitting from the BTC momentum. Recently, STX discussions have multiplied as users receive bi-weekly BTC rewards around 10% APY for locking up STX to secure the Bitcoin network. After a testnet phase, Stacks has announced a controlled launch ahead of the sBTC mainnet scheduled for December 16.

Historically, Stacks (STX) has displayed the continuation of its Q4 dump-pump-pump trend since 2019. With a pump in view for 2025, market experts project the layer-2 contract to test its all-time high of $3.84. Currently, STX's 50-day moving average shows support at $2.5, with resistance at $3.2. 

Conclusion

The recent upticks in altcoins like ARB and STX could mean the start of a possible bull run before year-end. However, Lunex Network has already put in good momentum, raking in $5.4 million in short order. For $0.0048 per LNEX token, you can gain early access to premium platform features. Don't miss out—invest now before the next price increase!

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

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

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