Cardano and Polygon Price Predictions: Will December Bring New All-Time Highs for ADA and MATIC?

The crypto market is bracing for an eventful December, and all eyes have been on two DeFi powerhouses, Cardano and Polygon. Cardano recently surging 30% MoM to a new yearly high above $1 has raised hopes for a new Cardano ATH. Bullish Polygon price prediction has also stunned market analysts. Will the duo defy the odds and break into uncharted territory? Is thereanother innovative contender for the DeFi frontier? Let’s find out.

Cardano price prediction: 30% MoM rally boosts sentiment. Can we see another Cardano ATH?

For weeks, Cardano has been riding the wave of bullish sentiment, with its price blowing through multiple resistance levels to register another yearly high above $1—the first time since 2022. The 30% MoM surge came at the right time, and now, analysts are predicting another Cardano ATH.

Onchain metrics couldn’t get any better. A 34% surge in Open Interest to $972M and whales doubling their ADA holding have raised confidence. Recent ecosystem developments, including L2 development and regulatory-friendly partnerships, have even fueled more optimism. Technical analysts have identified $6–$15 as long-term targets.

Polygon price prediction: POL surge 53%, Is this the start of a comeback?

Polygon price prediction has also been quite exhilarating. Recent bullish momentum has set POLblazing hot—a 53% MoM surge to a new quarterly high at $0.53, and analysts believe this might just be the beginning of its comeback. The bullish Polygon price prediction is a product of the unrelenting development the L2 network is experiencing. 

Recent developments, like its partnership with Magic Labs to launch the Newton L2 ZK solution and zkEVM Type 2 upgrade, have revitalized developer interest. Analysts predict POL could reach $0.45 by the end of 2024 and potentially $0.63 by 2025—an impressive 71% increase. Longer-term forecasts suggest a meteoric rise to $12.15 by 2030.

Can Lunex Network toe in the same line?

Since its launch, Lunex has been setting a new benchmark for DeFi ingenuity. This innovative AMM cross-chain DEX and its exploit-proof smart contract foundation are redefining asset exchange. The aim is to ensure absolute transparency and eliminate hidden costs, significantly reducing risks like front-running and market manipulation. 

The result is a secure and fair trading environment that appeals to all investors. Unlike traditional crypto exchanges, Lunex Network introduces comprehensive multi-asset DeFi tools and products.

But the important feature that got many hooked on its presale was the chance to earn big for doing absolutely nothing! The revenue share program and staking opportunities promise huge ROIs and community engagement. Over 10% of the presale hard cap has been realized in mere weeks, and the presale is still blazing hot for just $0.0031 – a 158% gain that surpasses POL and ADA’s performance.

Conclusion

As December unfolds, the stage is set for groundbreaking developments in the DeFi space, with Cardano and Polygon leading the charge. Yet, amidst the spotlight on these DeFi giants, LunexNetwork is carving out its path to prominence. Will December mark the dawn of new ATHs for ADA and POL, or will the Lunex Network emerge as the dark horse of DeFi? One thing is certain—this is a pivotal moment for the crypto market, with opportunities abound for those bold enough to seize them.

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

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.