BNB, ETH, and ELX capture investor interest

Binance continues to fight for its dominance as Ethereum faces obstacles. Elluminex continues to attract investors with its stage one presale owing to its unique DeFi capabilities.

Amid the broader market turbulence ahead of FOMC and DeepSeek’s rise, the Ethereum Foundation offloaded 100 ETH, raising concerns over the asset’s future price trajectory. Similarly, Binance Coin has also started 2025 on a challenging note, with a 12% drop in price. Most investors question whether BNB’s price can recover and maintain its upward trajectory. 

Meanwhile, newcomer Elluminex (ELX) is gaining substantial traction with its DeFi platform that seeks to challenge established protocols such as Uniswap and PancakeSwap.

BNB’s market dominance wavers

As BNB coin navigates its path of recovery, it faces intense competition from top cryptocurrencies like SOL and XRP, both of which had an incredible start to 2025. BNB’s market share has been under selling pressure and struggles to regain its former strength. For Binance Coin to catch up with its rival’s market capitalization, BNB’s price will need to surge by more than 50%. This could push its price above the $1,000 level. This target is no small feat, as the altcoin needs to overcome the market obstacles.

Technical indicators suggest that BNB crypto has the potential to record an upward movement. However, its Chaikin Money Flow (CMF) has remained negative, indicating that the token has weak capital inflows and lacks bullish momentum. This mixed signal leaves its near-term price trajectory uncertain, though the altcoin could benefit from a market rebound if it regains momentum. The BNB/BTC pair indicates the token has experienced a two-month low.

Ethereum Foundation sell-off 100 ETH

Per Spotonchain data, the Ethereum Foundation has offloaded 100 ETH for 307,893 DAI. The move has further amassed negative sentiments in the market, coinciding with previous backlash surrounding EF’s functioning measures. The foundation has constantly been selling this large-cap altcoin as part of its structuring model and supporting network development. 

Its technical analysis reveals that the altcoin could reach the $4,000-$6000 level if the NPO stops selling. Market participants have remained optimistic about the token, suggesting it has been growing bullish against a spike in whale buying. Despite the recent lackluster performance, it could shift momentum at any moment. 

Elluminex to drive new wave of success on TON blockchain

Elluminex has quickly gained ground in the crypto market, leveraging the robust Toncoin blockchain to bring a comprehensive DEX platform that could transform the game. The project seeks to solve all kinds of typical inefficiencies that cripple established decentralized exchanges such as Uniswap, deterring the DeFi Industry from reaching its full potential. Fragmentation of liquidity, for example, has led to many problems, resulting in unforeseen expenses and missed opportunities.

It offers a comprehensive cross-chain solution that easily integrates isolated blockchains, enabling frictionless and intermediary-free transactions. The platform sources liquidity from multiple exchanges, enabling lower fees, significantly reducing slippage, and simultaneously removing the need to interact with different DEXs to capture the latest trends. Moreover, its academy fosters a comprehensive learning hub to empower beginners with the basics of DeFi, investing, and wealth management, allowing them to stay ahead of the curve.

At the core of the ecosystem is its native token, ELX, which will power the novel reward mechanism. ELX holders can earn passive income, granting up to 18% in staking rewards. Additionally, its deflationary mechanism will ensure long-term stability and scarcity-driven growth. So far, Elluminex is available at presale, and it’s selling for $0.06. These features alone have signaled Elluminex as a solid investment that can raise substantial returns post-launch.

Can Elluminex mirror BNB and ETH’s bullish rallies?

BNB’s position in the market is becoming more competitive; the altcoin must prove itself against rapidly growing XRP and SOL. On the other hand, Ethereum faces an imminent downfall that could pare off some of its gains. However, the ETH price would need to surpass the $3,200 barrier for a sustained bullish recovery. 

As these tokens navigate the volatile market, Elluminex presale continues to pick up steam thanks to its excellent cross-chain capabilities and a focus on accessibility. Market participants anticipate the new crypto will follow ETH and BNB’s upward bullish trajectory.

To learn more about Elluminex, visit the website, Twitter, and Telegram.