The crypto landscape is an extremely competitive space that is no stranger to rapid changes. Established crypto projects are not guaranteed lifetime success. A new altcoin could rise and usurp them at any moment. Recently, SUI became the new altcoin that threatened to overtake Solana. At the same time, Lunex Network, a new-age Web3 exchange, has set its sights on overtaking Binance Coin. Will a new altcoin overthrow an established token anytime soon?
SUI price keeps surging
SUI has been on a remarkable upward trajectory over the last few months. The token’s price surged by over 100% in the previous month, reaching a six-month high to cross $2. The SUI price may hit a new all-time high and fetch its holders a handsome profit.
Even Cardano founder Charles Hoskinson is taking a closer look at SUI. In an X (formerly Twitter) post, he rubber-stamped it and said he admired what the project was doing. This will likely boost SUI’s price even more as the year draws closer.
But Can SUI overtake Solana?
Hoskinson specifically stated that SUI is what Solana could’ve been fast and cheap but with fewer bugs and downtimes. In essence, SUI fixes some things Solana got wrong while pursuing cheaper and faster transactions. He would appear to be right since everything is going well for SUI right now.
Nevertheless, Solana has the first-mover advantage. The vibrant community backing Solana can also not be underrated. SUI just crossed into the top 20 coins by market cap, but it will have to do more to knock Solana off its perch.
Is BNB too big to fail?
BNB sits just one rung above Solana on Coinmarketcap, and its position is also being challenged. Since Binance is arguably the most significant exchange on the planet, BNB is too big to fail.
That’s because BNB is integrated into the Binance ecosystem. It has a large user base and a diverse number of use cases. Nevertheless, BNB is not without its issues. Regulatory security is a concern. At the same time, BNB faces increasing competition from emerging platforms.
How Lunex Network can overtake BNB
Lunex Network is still a brand-new presale of a new-age crypto exchange, but the potential to overtake BNB is there, especially regarding investment return.
Lunex implements cutting-edge technology to enhance user experience and offer innovative trading capabilities. Its aggregator protocol ensures the cheapest exchange rates and the Lunex gateway makes fiat-to-crypto transactions smooth and easy.
The LNEX token itself has staking capabilities, up to 18% APY, and a slice of the platform’s revenues each week. The exchange is expected to expand, onboard more users, and shoot to the top.
That is why investors rush the LNEX token, currently available at $0.0013. Experts predict an 1800% gain before the presale ends and a 100x gain for early investors once it launches.
Nothing is guaranteed in the crypto space. If BNB doesn’t remain vigilant and innovate, a new altcoin like Lunex Network will not be able to overtake and even overshadow it.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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