After the early January slump, many cryptocurrencies have experienced strong rebounds reclaiming critical resistance levels. It’s always a good idea to keep an eye on the projects that recover the fastest, as this is typically a sign of a fundamentally strong price action that will translate into massive returns once the market enters its parabolic phase.
Among these top gainers are Solana (SOL), Chainlink (LINK), and Stellar (XLM). However, a newcomer is also making rounds with its unique DeFi framework — Elluminex (ELX). Built on the Toncoin blockchain, Elluminex emerges as one of the most promising DeFi protocols in the space and could disrupt the entire industry while minting the next generation of crypto millionaires along the way.
How Elluminex Unlocks TON’s Potential
With a first-mover advantage, Elluminex could soon become one of the key players in the DeFi industry and propel the TON ecosystem to new heights. Its DEX platform is designed to empower users by offering a secure, intermediary-free environment through its non-custodial framework, which puts control in the hands of investors. Additionally, users will be able to enjoy complete privacy when operating the DEX, as no KYC is required to join.
Elluminex employs a revolutionary cross-chain bridge that brings together isolated blockchains, allowing for seamless swaps between Ethereum, Solana, Bitcoin, and many others. Simultaneously, the platform ensures near-instantaneous speed and significantly lower fees, while also reducing slippage, as liquidity is sourced from the various chains.
The $ELX token plays a central role in the Elluminex ecosystem, powering all essential features like governance, and staking. Staking opportunities will provide passive income to holders of the $ELX token for up to 18% APY. This is also aligned with a deflationary mechanism that will continuously reduce the circulating supply and prime the token for explosive scarcity-driven growth.
Donald Trump’s Solana-Based Meme Coin Propels SOL To New ATH
Donald Trump’s $TRUMP meme coin, launched on the Solana blockchain, sending the crypto market into a frenzy and reaching a staggering $15 billion in valuation in less than a day. This funneled staggering amounts of revenue back into the Solana ecosystem, accelerating a surge toward a new peak of $294.
Predictably, as traders booked profits, Solana (SOL) retraced, settling on a higher support level. At press time, Solana trades for $246 following an 8.7% intraday decrease. Despite this correction, Solana is still up by over 35% on the monthly time frame, indicating strong bullish momentum.
Chainlink Consolidates After Reclaiming Key Resistance
The Trump effect has extended to Chainlink as well as Trump’s crypto fund, World Liberty Financial made waves on social media with a $4.7 million purchase of $LINK tokens. This is more than double the amount that the fund purchased in December, indicating strong confidence in Chainlink’s future and its role in the DeFi realm.
Chainlink is already hailed as an industry standard by professionals and the latest show of confidence came from none other than Ripple. Ripple integrated Chainlink’s bridging protocol and data feeds to expand the utility and strengthen the fundamentals of the newly launched RLUSD stablecoin. Chainlink currently trades at $25.90 with a 2.8% daily increase, bringing its total monthly gains to a noteworthy 46%.
Stellar Slips 4% As It Enters Cool-Off Phase
Stellar ended 2024 with a bang, raking in triple-digit gains and finding its place in the crypto top 20. At the time of writing, Stellar (XLM) is priced at $0.45 following a 4% daily drop, while the monthly time frame shows a 27% gain. Over the last 24 hours, the Stellar volume exploded by 70%, as enthusiasts rushed to scoop up the dip.
CoinMarketCap data shows that over $1.65 billion worth of XLM has changed hands across trading platforms, suggesting growing confidence in Stellar’s performance in the coming months. Stellar’s macro price structure remains intact, and predictors are expecting a run toward the $1 mark, which represents a key psychological zone.
Why Elluminex Could Become The Hottest New Entry Of 2025
Chainlink, Stellar, and Solana are undoubtedly sensible additions to any future-proof portfolio, however, Elluminex is on track to become the most asymmetrical play of the cycle.
With its robust fundamentals and small-cap status, Elluminex is primed for explosive growth and the crypto community is taking notice, with hundreds of enthusiasts joining the viral $ELX presale.
The $ELX supply is capped at 350 million tokens, 50% of which are on sale for a discounted price of only $0.06. Early buyers have already claimed nearly 5 million, raising more than $270,000 in record time. Want to “win” the bull run? Sleeping on $ELX is not an option!
For more information about Elluminex (ELX) visit the links below:
- Website: https://elluminex.com/
- Twitter/X: https://x.com/elluminex
- Telegram: https://t.me/Elluminex
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