Polkadot (DOT), Chainlink (LINK), and Tron (TRX) are coins investors are closely watching for possible top performances heading into October. Each cryptocurrency has various strengths.
Lunex Network offers cross-chain transaction functionalities, Polkadot provides interoperability, Chainlink features oracle services, and Tron accommodates decentralized applications. This month could see shifts depending on market trends and developments in their ecosystems. Experts are analyzing which of these altcoins will give the best performance this October. Let’s find out!
Can Polkadot (DOT) Sustain Bullish Momentum?
Polkadot currently trades between $3.86 and $4.64. Polkadot has jumped by almost 2.91% during the previous week and almost 50% within the last 6 months. The altcoin could test the $5.10 resistance level when bullish momentum picks up.
However, in case the bears take control, the price might slip to $3.54, a potential 10% drop. Nevertheless, Polkadot’s large-scale transaction output and its fast processing functionalities are drawing more investors’ attention. Polkadot has a good deal of profit potential as more projects utilize its chains, fostering continued expansion of its ecosystem.
Chainlink (LINK) Introduces Staking Mechanism
According to expert analysis, Chainlink (LINK) has formed a bearish head-and-shoulder pattern on its daily chart. Chainlink just recently broke a key descending trendline, which had held since August 2024. Analysts predict that if Chainlink breaks the neckline of this bearish pattern and closes a daily candle below $10.30, the price might drop by 13% to $9 in the coming days.
Chainlink introduced a staking mechanism to reward node operators for uptime and data accuracy despite the current bearish outlook. This update enhanced Chainlink’s decentralized oracle network and its position in tokenizing RWAs. The upgrade is vital for programmers and traders who use Chainlink’s data feeds in DeFi applications.
Although Chainlink is an established altcoin, Lunex Network (LNEX) provides more versatility for DeFi users with its cross-chain transactions.
Tron (TRX) Shows Strong Liquidity
At $0.159713, TRON (TRX) is perfectly liquidated with a volume-to-market cap ratio of 0.0592. The 14-day RSI is 58.45, which is neutral – not overbought or oversold. TRX has shown 17 green days in the past month, highlighting a consistent upward trend.
Looking at the long-term, TRON has performed well. It is trading 18.86% above its 200-day simple moving average and has seen an 84% price increase over the past year. Additionally, TRON has outperformed 55% of the top 100 crypto assets by market cap, demonstrating its solid position in the market.
Lunex Network (LNEX) Becomes Fastest Growing Crypto
offers seamless cross-chain transactions, allowing traders to easily swap over 50,000 assets. This interoperability provides access to a vast market, while also offering some of the lowest gas fees on the market and rapid transaction speeds.
Lunex Network also stands out for its range of trader perks. It features a mobile exchange app, a comprehensive portfolio tracker, and a premium subscription service. Advanced tools include anti-money laundering wallet checks and financial incentives, making Lunex Network an attractive platform for serious investors seeking efficiency. That is not all. The platform is attracting attention for its privacy stance – and ignoring know-your-customer (KYC) protocols — a departure from the majority of exchanges.
Many traders looking for the next big crypto star are flocking to the $LNEX token presale, currently in stage 3, priced at $0.0015. Analysts predict that Lunex Network’s innovative features and trader benefits could lead to 1500% growth in the value of $LNEX by 2025. For long-term investors, this is a protocol not to miss.
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