Tron has been making headlines recently by topping the list of the fastest blockchains, much to the excitement of its supporters. Amid the celebrations, BNB is attempting to regain its footing, but another cryptocurrency is primed to take its spot.
Lunex has dominated the news cycle as the next usurper to overthrow even Binance Coin, with many experts backing it as the best crypto to buy now.
Are you curious to know why? Find the details below!
Is Lunex the Next BNB?
Lunex is an innovative addition to the crypto market, offering an innovative non-custodial crypto exchange with multi-chain functionality to give users the broadest reach from a single decentralized exchange. Because of its innovative design, experts believe its LNEX token could enjoy a similar trajectory to Binance Coin, but on a bigger scale, confident that Lunex can surpass Binance.
Lunex was built to solve the problems of failed transactions, slow transaction executions, front-running, and more that plague decentralized exchanges. Through this approach, Lunex can bring back crypto users who had previously moved to centralized exchanges and restore complete decentralization, which is one of the core tenets of cryptocurrencies.
In addition to bringing all the benefits of centralized exchanges to its decentralized platform, Lunex will allow trading of over 50,000 currency pairs, offer a simplified interface and experience with unparalleled security, with more features on the horizon. These are just a few of the reasons why LNEX is the best crypto to buy now.
Tron’s Remarkable Milestone
Data from CryptoQuant, a prominent blockchain analytics and data provider, shows that Tron (TRX) )is the fastest blockchain ranked by transactions per second (TPS). Tron maintained an average TPS of 85, while major blockchains failed to reach half of this. Polygon, one of the top competitors, topped out at 30 TPS, while Bitcoin is stuck at 7.
Tron's milestone means much more because the network boasts long-term reliability due to the increased use of stablecoins. The data shows that 96% of transactions are related to stablecoins. More investors are moving toward stablecoins for everyday use, and this could increase the attention of the Tron blockchain if it remains reliable. This activity has boosted TRX’s price, as the digital asset has climbed almost 2% in the past week.
Is Binance Coin's Time Over?
Binance Coin's prolonged run at the top can be attributed to the popularity of Binance, its crypto exchange. Binance is the largest crypto exchange in the world, and the recognition has made BNB a widely used cryptocurrency. The adoption has placed BNB among the top five cryptocurrencies for a long period.
However, Binance Coin's dominance could be nearing its end. The exciting news of Lunex has made many investors shift toward the new trading platform and its LNEX token. BNB has dropped over 4% in the past two weeks, and this coincides with a significant rise in Lunex among news outlets.
Conclusion
Although BNB is a strong contender, it's time for the new digital asset to take over. Tron has also made headlines, but Lunex is clearly the media's favorite and is quickly winning the hearts of the crypto community.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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