Ripple (XRP) continues to skyrocket. This has led to an increase across the market. As gurus predict how high Ripple’s price will go, Toncoin (TON) is poised for its long-awaited breakout. This will see it conquer new highs in the coming weeks.
Meanwhile, Elluminex (ELX) was able to play a key role in Toncoin’s comeback by offering the first DeFi platform built entirely on the TON blockchain. Read on to learn why Elluminex is one of the breakthrough new products. The most advanced in 2025
How Elluminex pioneered DeFi on TON
By 2024, Toncoin has become the fastest growing Layer 1 blockchain in the space. It directly taps into Telegram’s huge user base of 950 million. While Toncoin is making waves in the crypto gaming space, it lacks a comprehensive DeFi platform that can unlock its full potential. Ethereum’s revenue and adoption increased tenfold when Uniswap went live. The same thing is happening with Binance Smart Chain and Pancake Swap now. Elluminex (ELX) Aim to do the same with Toncoin.
But Elluminex is more than just a decentralized exchange. It has a complete ecosystem that leverages new cross-chain solutions. It connects to a separate blockchain. This approach addresses the inefficiencies typical of single-chain DEXs. which is fraught with problems of long waiting times high fees and high discrepancies caused by fragmented liquidity
Elluminex enables all major blockchains, including Ethereum and Solana, to seamlessly interconnect. It allows users to move assets across different networks without friction. As liquidity comes from a larger pool, slippage is also greatly reduced.
The core of the Elluminex ecosystem is the $ELX utility token, which powers key features such as governance and staking. Holders can choose to stake $ELX and earn up to 18% APY through automation. This model not only ensures long-term engagement; But it is also integrated with an automatic burning mechanism. It allows users to benefit from both staking rewards and profits from scarcity.
Famous Expert Explains Why Ripple Could Rise to $15
Encryption Analyst Ali Martinez shared Interesting Ripple forecast on climb This signals strong upward momentum. Since crashing from an all-time high of $3.80 in 2018, Ripple has entered a six-year consolidation period as it managed to cross the bull run in 2021. However, with a recent November 2024 breakout, This has sparked investor optimism. Martinez believes the movement has not yet entered the parabolic phase. and could push Ripple’s market capitalization beyond $860 billion. This is higher than Ethereum’s valuation.
Ripple’s legal victory against the SEC and the growing adoption of blockchain solutions for cross-border payments. This increases XRP’s utility and institutional appeal. strategic cooperation Accumulation of major players and increased trading volume This will further support Ripple’s upward path. Ripple is currently trading at $3.13 after the price retreated after last week hitting a multi-year high of $3.40.
Toncoin accumulation continues
Toncoin (TON) has taken a back seat in recent months. With investor attention focused on memes and majors, however, analysts believe this could soon change. This is because a series of bullish signals have appeared on the Toncoin chart, driven by increased network activity. For beginners Toncoin’s volatility decreased significantly as the price stabilized around $5, while the RSI indicator stayed at 46 neutral points, indicating reduced selling pressure. This creates space for an upward move.
Toncoin is also in the process of breaking out of the downtrend line that has acted as dynamic resistance over the past month. On higher time frames, Toncoin is moving within a narrow accumulation channel. As major market players continue to purchase TON at discounted prices, IntoTheBlock data shows that net flows to large wallets increased by an astonishing 1,048% over the past seven days. This reinforces the strong confidence in TON. Experts agree that when Elluminex enters the mainstream market, It could fuel Toncoin’s huge rise as it is poised to send huge amounts of revenue back into the TON blockchain.
Join The Elluminex Presale
50% of the $350 million ELX supply is available during an ongoing pre-sale. And early buyers have already claimed nearly 5 million tokens, raising more than $280,000 in just a few days in Phase 1 of the pre-sale event. Tokens will be selling for just $0.06, making this the perfect entry point for traders looking to join the Toncoin revolution led by Elluminex. Don’t miss out!
For more information about Elluminex (ELX), please visit the link below: Website: https://elluminex.com/Twitter/X: https://x.com/elluminextelegram: https://t.me/Elluminex
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily and is not intended to serve as legal, tax, investment, or financial advice.
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