Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
News Release Digital Asset Direct

Novidea Reveals Top Ten Insurance Industry Predictions for 2025

Novidea

Novidea, creator of the cloud-native, global insurance management platform for brokers, agents, and MGAs, today revealed the top ten predictions they believe will shape the insurance industry in 2025. The trends driving these predictions will impact insurance organizations across the entire insurance distribution lifecycle. Novidea’s insurance industry experts identified these predictions by monitoring key events throughout 2024, receiving feedback from their global customer base, and engaging in dialogue with industry peers. “In 2024, the insurance industry experienced significant operational transformation, facing more pressure than ever to innovate, improve efficiency, boost profitability, and deliver a world-class customer experience,” said Jeff Heine, Chief Revenue Officer at Novidea. “To help organizations prepare for the year ahead, our experts assembled a list of predictions that will shape how the industry progresses this year.” The top predictions for the US insurance market are: M&A will make a comeback. Insurance mergers and acquisitions (M&A) activity will resurge in 2025 as the U.S. economy continues its post-pandemic recovery. VC investment in insurtechs will increase as interest rates begin to normalize. Carriers will increasingly consider acquiring MGAs. For these deals to be successful, the right insurtech platform will smooth the integration of purchased companies, facilitating automated and standardized processes across different lines and business types (such as wholesale, retail, and reinsurance) as they are acquired. Cautious gains for reinsurers. Despite record-breaking climate costs, reinsurers will see modest growth in 2025. With the increased frequency of weather-related damages and claims, reinsurers must have greater visibility into the risk that carriers write. This market will rely heavily on tech solutions that deliver a single source of truth across the business, ensuring access to high-quality data. Reinsurers will increasingly want a direct line of sight into the risks being written in order to better manage them. Cybersecurity insurance will evolve. The Crowdstrike outage proved that there are many nuances to cyber insurance policies. We still haven’t seen all of the fallout from this incident. Expect to see an influx of specialized risk products in 2025 catering to business interruptions caused by tech outages that are not malicious in nature. Now is the time for specialty insurers to take stock of their front, middle, and back office systems to ensure they’re ready for future changes. E&S and specialty insurance growth spree continues. In the US, the excess and surplus (E&S) market was the breakout star of the industry in 2024, and this trend will continue in 2025. IT leaders in the E&S market will upgrade their technology to keep up with demand, particularly around automation, AI, cloud, customer experience, and data analytics. E&S wholesaler Pathpoint, a US customer of Novidea’s, is a prime example of one such company who’s already made strategic tech investments, resulting in a 20 percent policy submission growth rate and doubling its sales and underwriting operations. Insurtech-led ecosystems will drive the next wave of insurance innovation. In 2025, the role of insurtechs in creating ecosystems and modular tech solutions will grow. They will serve as facilitators, enabling flexibility and providing the ability to integrate various technologies easily. Insurance marketplaces will continue to evolve and mature. Insurers will implement a robust API fabric and composite APIs to perform essential lifecycle functions. In the UK, the top predictions that will shape the industry in 2025 are: Profitability in distribution and the rise of MGAs. Carriers in the UK will face mounting pressure to broaden their distribution channels while maintaining profitability. Many will acquire or launch their own MGAs, which have become critical to distribution strategies. For carriers, MGAs offer a way to diversify their portfolios while maintaining tighter control over underwriting standards, helping them balance growth and profitability. Innovation as a strategic imperative in anticipation of BP2. Innovation will be a central theme in 2025 for brokers, carriers, and MGAs. To innovate, these businesses must operate on a unified platform that supports and integrates with emerging technologies and data via APIs. This approach will allow insurers to harness the full potential of new advancements such as AI, complex document generation tools like Docomotion, and more. This drive toward innovation will accelerate with the anticipated BP2 plan set for 2025, bringing new standards to the industry. When delivered, BP2 is expected to create substantial opportunities for brokers, carriers, and MGAs to develop data-driven innovations that translate into customer-centric experiences across the value chain. Climate extremes and insurability challenges. In the UK, climate extremes will become routine rather than rare. These conditions will strain policyholders and insurers alike, driving up the cost of insurance coverage and making carriers reluctant to insure high-risk properties. The UK wholesale insurance market will be particularly impacted as premium pricing and risk management become increasingly complex. For insurers to navigate these challenges, it’s crucial to use high-quality climate data to build resilience and effective risk management into their policies. Reinsurers will work more closely with carriers to deploy their capacity to risks they’re most comfortable with and align with MGAs on specific markets that are higher risk. The insurance talent shortage will come to a head. The London Market has been facing a talent shortage for years, but in 2025, the situation will become urgent, and the industry must do more in 2025 to attract younger talent. One way to attract the next generation of insurance superstars is to highlight the industry’s innovation potential. Core platforms like Novidea enable insurers to be innovative businesses. In addition, departments solely responsible for innovation are now being integrated across all departments, creating a mindset of innovation at their core. This shift is essential for companies looking to stay competitive and recruit top talent. Insurance organizations prepare for the AI revolution. Artificial intelligence is reshaping industries, and insurance is no exception. As AI matures, it promises to transform key processes like claims management, underwriting, and customer service. However, this evolution will not happen overnight. In 2025, insurers will focus on preparing their technology infrastructure and data systems to support AI-driven tools effectively. The most strategic move for insurance organizations is investing in a modern insurance management platform, such as Novidea’s. These platforms provide the flexibility to seamlessly integrate new functionalities, capabilities, and services, enabling businesses to adapt and thrive in this transformative era of technology. To hear more about these predictions and how your organization can prepare for them, book a meeting with Novidea’s experts at ITC London, a new event focused on the “Future of Insurance,” held 27 to 28 January 2025 at The Brewery in London, UK. About Novidea Novidea is the leading Insurtech provider of a cloud-native, data-driven insurance management system. With its open API architecture, Novidea enables brokers, agents, MGAs, and carriers to modernize and manage the customer journey end-to-end and drive growth across the entire insurance distribution lifecycle. Novidea's streamlined and automated platform fully integrates front, middle, and back offices. The Novidea platform boosts operational efficiency while providing a seamless digital experience for team members and customers alike. Insurance businesses benefit from a 360-degree view of customers and policies and can access data and actionable insights anytime, anywhere, and on any device. Novidea supports more than 100 customers across 22 countries. For more information, please go to www.novidea.com. Contact Details Michelle Barry +1 603-809-2748 Michelle.barry@chameleon.co Company Website https://novidea.com/

January 27, 2025 08:50 AM Eastern Standard Time

The Top 1% Focus On Long Term Gains - Top 4 Coins To Buy Now

Cutoshi

Crypto is arguably the most fast-paced market on the planet, and veteran investors know that diversifying capital is always the most viable strategy to ensure resilience and maximize returns across different assets. Of course, Bitcoin (BTC) needs no introduction, as it’s always a staple in any future-proof portfolio. Over the years Tron (TRX) and Ripple (XRP) have also asserted themselves in the space, especially during the last few months, and as a result their valuation has skyrocketed. Cutoshi (CUTO) is a newcomer that is also worth keeping an eye on, as its intriguing premise could translate into outsized ROI. This article will explore how all these cryptocurrencies compare and which one could grant the most asymmetrical returns once the bull run is in full swing. Bitcoin Enters Consolidation Phase After ATH Run On the day of Donald Trump’s inauguration, Bitcoin broke to a new peak of $109k with a near-vertical move. However, as selling pressure intensified, Bitcoin retraced just before reaching the $110k milestone, and at the time of writing, the BTC price is hovering in a consolidation channel around $100k. Crypto expert Ali Martinez revealed that long-term Bitcoin holders have entered a "greed phase," signifying heightened optimism about BTC's future, which may drive short-term price gains. On-chain analytics show evidence of this sentiment, with wallets holding 100–1,000 Bitcoin reaching an all-time high and large transactions over $100,000 hitting six-week peaks. The optimism is fueled by expectations of pro-crypto policies under Donald Trump's administration, including hopes for a strategic Bitcoin reserve. Ripple’s Battle With The SEC Far From Over, But There’s Light At The End Of The Tunnel Ripple's ongoing legal battle with the SEC continues to create uncertainty for XRP, despite its stellar price action over the last few months. The SEC's appeal, backed by an amicus brief from Better Markets, raises the risk of Ripple being classified as a security, which could bring regulatory hurdles and impact Ripple's partnerships. Meanwhile, Ripple is actively expanding its international reach in Asia, the Middle East, and Europe. The focus is on cross-border payment solutions and partnerships with major banking institutions. Broader crypto developments, like President Trump's push for a pro-crypto regulatory framework, could significantly boost Ripple’s standing and its price action. However, uncertainty still lingers, as there’s no clear timeframe for the implementation of these new policies. Despite this, Ripple continues to tear through milestones, as it recently soared above $3, peaking at $3.30, a level unseen since 2018. Tron Makes Strides In Stablecoin Industry Justin Sun Promises 0-Fee Transactions Justin Sun, founder of Tron, has revealed plans to implement zero-fee stablecoin transactions, a move aimed at further boosting the Tron network's growth following its explosive growth in 2024. While initially slated for Q4 2024, this feature faced significant delays, but Sun reassures users that the Tron development team is actively working toward its launch. Currently, Tron supports multiple stablecoins like USDT, USDC, and TUSD, offering lower fees than Ethereum, with aspirations to eliminate fees entirely. If this comes to pass, Tron could soon become one of the most dominant Layer 1 platforms in the space, as in 2024 alone, it recorded a staggering $2.1 billion in revenue, second only to Ethereum. Additionally, Trump’s crypto initiative, World Liberty Financial, has purchased over $7 million worth of TRX, positioning Tron as an asset to keep an eye on in 2025. Why Cutoshi Could Be The Next Meme Gem Cutoshi exists at the intersection between memes and DeFi, bringing forward the best of both worlds. CUTO DEX, Cutoshi’s non-custodial exchange is the flagship feature of the ecosystem, and recently, the team announced that development is progressing ahead of schedule, and the official launch is right around the corner On this platform, users will be able to easily perform cross-chain transactions without having to switch between dedicated DEXs. This streamlines the trading experience and greatly improves efficiency, as CUTO DEX ensures lightning-fast transactions and some of the lowest fees on the market. Moreover, users will have the opportunity to earn generous monetary returns via the Cutoshi Farming initiative. They will be tasked with completing fun quests and participating in special events aimed at spreading awareness about Cutoshi on social media. For their efforts, they will receive points which can later be exchanged for more $CUTO post-launch. Over 2.1 million $CUTO have been farmed so far, and hundreds of new participants are joining every day, rallying a strong and enthusiastic community around the Cutoshi banner. Stage 4 of the presale is underway and $CUTO sells for just $0.031. Over $1.64 million has been raised in record time and early buyers are already enjoying over 100% gains. The Cutoshi moonshot is gearing up for a legendary 2025, and the best time to get involved is now! For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshicommunity Cutoshi is a revolutionary meme coin inspired by the Chinese Lucky Cat and Satoshi Nakamoto’s teachings. It’s based on decentralization, privacy, and monetary freedom, embodying the blockchain's original purpose and ethos. And Cutoshi has a vision - to introduce more people to cryptocurrencies and bring financial freedom to all who want it. The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Custoshi. Contact Details Cutoshi Camila Perez Support@cutoshi.com Company Website https://cutoshi.com/

January 27, 2025 08:31 AM Eastern Standard Time

Image

The New SHIB? Traders Locked In On Memecoin Bringing Goodluck

Cutoshi

In 2021 Shiba Inu (SHIB) took the market by storm, becoming a millionaire-maker play and shooting up in the crypto top 20 with an 11-figure market cap. Newcomer Cutoshi (CUTO) could soon become the 2025 Shiba Inu; as in a similar fashion boasts a complete DeFi ecosystem that merges meme energy with real utility. Which sets it apart from other run-of-the-mill meme coins. With a cutting-edge decentralized exchange in the works and a vast array of features waiting to be explored, Cutoshi sets the bar higher than ever. Shiba Inu Dips Below Support As Chart Flashes Red Shiba Inu has been struggling over the past few weeks as it has been caught in a narrow trading channel around the $0.000020 mark. At the time of writing, Shiba Inu trades for $0.000019, following a 1.5% intraday dip, bringing its total weekly losses to an alarming 18%. As the focus is shifting toward trendier plays such as Cutoshi and Trump Coin, Shiba Inu’s trading volume has also recorded a significant 25% decline, with roughly $320 million worth of SHIB changing hands in the last 24 hours. Despite this dip, Shiba Inu can still count on its strong fundamentals that could catalyze a reversal and a surge. Its daily burn rate surged by more than 600%, with over 3.2 million SHIB burned, sustaining the deflationary pressure. Additionally, Shibarium, Shiba Inu’s Layer-2 network surpassed 815 million transactions and 2.1 million addresses, contributing to SHIB burns through BONE fees. On-chain data also revealed a 54% rise in daily active addresses, signaling increased adoption and cautious confidence. While Shiba Inu gives mixed signals, many investors are opting to rotate funds into Cutoshi’s viral presale as a way to mitigate risk and lock in exponential returns. How Cutoshi Redefines Meme Coins Cutoshi draws inspiration from the Lucky Cat presence in Japanese tradition. These cats are believed to bring good fortune to businesses and families, while Cutoshi brings good fortune to the blockchain and its rapidly growing community that now counts 3,700 active members. Cutoshi’s unique MemeFi ecosystem is designed to empower and reward users. CUTO DEX is Cutoshi’s flagship feature, a state-of-the-art non-custodial exchange offering lightning-fast cross-chain transactions. The DEX launch was initially scheduled for the upcoming months, but the team has managed to bring the date closer, meaning that CUTO DEX along with the exclusive DeFi wallet will be live much sooner. Cutoshi incentivizes users to engage with the ecosystem via the Cutoshi Farming mechanism. By staking the $CUTO token or providing liquidity, investors will have the opportunity to earn passive income. Additionally, during and after the presale, individuals can participate in special events and complete various tasks in exchange for points that can be later redeemed for CUTO tokens. Through this initiative, early adopters have already farmed over 2 million $CUTO. Want to join? Head over to the official website to learn more! Stage 4 of the $CUTO presale is 74% complete and more than $1.6 million has been raised so far, as thousands of investors are rushing to secure an allocation. $CUTO is priced at just $0.031, a perfect entry point for those who want to join the Cutoshi revolution and reap incredible benefits once $CUTO is unleashed on the market. For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshicommunity Cutoshi is a revolutionary meme coin inspired by the Chinese Lucky Cat and Satoshi Nakamoto’s teachings. It’s based on decentralization, privacy, and monetary freedom, embodying the blockchain's original purpose and ethos. And Cutoshi has a vision - to introduce more people to cryptocurrencies and bring financial freedom to all who want it. The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Custoshi. Contact Details Cutoshi Camila Perez Support@cutoshi.com Company Website https://cutoshi.com/

January 27, 2025 05:23 AM Eastern Standard Time

Image

Sherif: The Bonk (BONK) Price May See A Good Jump While Litecoin (LTC) And A New DeFi Project Are Gaining Traction

Elluminex

The buzz in the crypto market is out of this world as traders seek significant gains. Well-known crypto predictors Sherif has made bold predictions for the meme coin Bonk (BONK), stating that it could surge by 10x. At the same time, there seems to be a slow but steady increase in interest in Litecoin (LTC) and a new DeFi project, Elluminex (ELX), which is beginning to catch the attention of smart crypto players. While speculators like World of Charts have made bullish predictions for LTC, ELX is attracting attention thanks to its long-term vision. This project aims to bring DeFi to the TON Blockchain, which now boasts around 950M active users and over 1B recorded transactions. Therefore, many traders suggest ELX could be the next high-growth DeFi crypto in 2025. Sherif: The Price of Bonk (BONK) Could Surge Fairly Bonk (BONK) has been one of the best meme coins recently. CoinMarketCap shows that its value has jumped over 15% on the one-week chart. The Bonk price grew from around $0.000028 to over $0.000032 during that period. Crypto analyst Sherif also excited traders with his Bonk price prediction. According to his X post, this meme coin is now in its "buy the news" phase as rumors about a BONK ETF came up. He predicts that Bonk (BONK) could see a huge return if this ETF gets approved. However, many investors are putting the Bonk coin on the sidelines in favor of tokens like ELX. BONK has already surged nearly 200% on the YTD chart. Therefore, its highest upswings may have passed. The Litecoin (LTC) Price Looks Ready To Reach $150, Analyst States Litecoin (LTC) is also turning some heads with its price movement. As one of the top crypto coins, its value grew from around $100 to over $110 in the past week alone. In other words, over a 10% increase in just a few short days for the Litecoin price per CoinMarketCap. The community is interested in Litecoin (LTC) thanks to bullish statements from analysts like World of Charts. According to his X post, this altcoin looks ready to soar to $150 soon. Although this Litecoin price prediction has excited many traders, some are still cautious. This is because the Litecoin market cap now sits at $8B, which means it needs a lot of new money for its price to surge. But, crypto coins like ELX will not face this problem. Elluminex (ELX) Seen As An Upcoming DeFi Game-Changer On The TON Blockchain While Bonk (BONK) and Litecoin (LTC) continue to ride bullish waves, Elluminex (ELX) is making headlines in its own right. This new DeFi hub will be built on the TON Blockchain, lacking in the DeFi department. It will introduce an all-in-one DeFi platform with features that make it stand out from its peers and help bring DeFi to this network. For example, Elluminex will launch a DEX focusing on high liquidity and low fees for a top-of-the-line trading experience. Moreover, it will have a token reward system that rewards those who stake or farm the ELX native token. Thanks to its robust token burn system, this DeFi coin will have a deflationary model, increasing its scarcity/price over time. This has made interest in ELX skyrocket with over 4M tokens being sold in phase one of its presale alone. To incentivize purchases, the Elluminex team announced that all ELX holders can vote on important decisions thanks to governance voting rights and access to premium features like AI-driven insights. It costs just $0.06 right now, but this DeFi coin price will rise to $0.08 after phase two begins. Those looking to capitalize on this 33% growth are now stacking up on ELX. Can Elluminex (ELX) Outpace Bonk (BONK) And Litecoin (LTC) In Terms Of Gains? Although Bonk (BONK) and Litecoin (LTC) are turning some heads right now, Elluminex (ELX) has the potential to surge faster. This new DeFi crypto will have a smaller market cap than its peers, which means it will need less money for its price to rise. A Tier-1 crypto exchange like Uniswap listing is expected to trigger a massive rally. Thus, many speculators predict a potential good run in a price jump for ELX this cycle. For more information about Elluminex (ELX) visit the links below: Website: https://elluminex.com/ Twitter/X: https://x.com/elluminex Telegram: https://t.me/Elluminex Elluminex is a next-generation DeFi platform built on the TON Blockchain and Ethereum, offering a seamless decentralized finance experience with innovative features. Users can engage in staking, farming, and enjoy AI-powered portfolio tools, all while participating in a cross-chain ecosystem. Elluminex is unique in that it is bringing DeFi to the TON Network/Blockchain which at the moment is very limited in this sense with very few options available to its users. Despite this the TON Network is still the fastest growing blockchain in the world and many view it as a future powerhouse to rival Bitcoin, Ethereum and Solana. By bringing DeFi to the TON Network, Elluminex would immediately transform the chain and take its capabilities and vast reach to the next level. Much like Uniswap did with Ethereum, Pancakeswap did with Binance Chain and Jupiter did with Solana. Cryptocurrency may be unregulated in your jurisdiction. The value of cryptocurrencies fluctuates and it is important that you thoroughly understand the risks associated with acquiring cryptocurrencies, as outlined in the Disclaimer. You confirm that you are not a citizen or resident of the United States, United Kingdom, or any prohibited jurisdiction, or any other location where the purchase of Elluminex and $ELX token may be legally restricted. Please note that our list of restricted countries and terms of service may undergo updates, and it is your responsibility to stay informed about the latest version. By proceeding to continue to use Elluminex.com, you acknowledge and agree to our Terms of Use and Privacy Policy. Contact Details Elluminex Andy Green press@elluminex.com Company Website https://elluminex.com/

January 27, 2025 03:13 AM Eastern Standard Time

Image

CryptoELITES Makes A Jaw-Dropping Ethereum Price Prediction While Investors Stock Up On Ripple And Elluminex Before The Next Bull Run

Elluminex

People in the crypto space are talking because a prominent analyst, CryptoELITES, issued an unexpected price prediction for Ethereum (ETH). He predicts a potential surge to $10K soon. Meanwhile, investors choose to stockpile Ripple (XRP) and Elluminex (ELX) before the next bull run starts. While XRP is one of the top 10 altcoins rising on the price charts, ELX is a presale star that could redefine the DeFi space forever. It aims to bring DeFi to the TON Blockchain, which now boasts over 950M users and around 1B recorded transactions. Therefore, Elluminex is set to become one of the hottest new DeFi projects in 2025. Some experts even predict a potential 7x surge for ELX this cycle. CryptoELITES: The Price of Ethereum (ETH) May Skyrocket To $10,000 Ethereum (ETH) is a top 5 cryptocurrency that is seeing some volatility right now. On the one-week chart, its value has fallen from around $3,300 to nearly $3,250. In other words, there was nearly a 5% drop in the Ethereum price in just a few short days, as per CoinMarketCap. Nevertheless, market expert CryptoELITES remains optimistic for Ethereum (ETH). According to his X post, nothing is stopping this crypto coin from potentially reaching $10,000. This Ethereum price prediction has turned many heads in the crypto community. However, it is worth mentioning that the Ethereum market cap now sits at around $400B. ETH will need much new money to see a big price jump. On the other hand, crypto coins like ELX will not face this issue. Prominent Expert Forecasts The Ripple (XRP) Price May Rip Through $8 On the other hand, Ripple (XRP) has been rising on the price charts. This altcoin has experienced over a 45% price surge in the past 30 days, as per CoinMarketCap. The Ripple price grew from around $2.20 to over $3.20 during that time. The community is also turning towards Ripple (XRP) thanks to some bullish statements from Mikybull. In a recent X post, this market expert said its value might rip through $8 before a cycle top, thanks to bullish fundamentals. Although this Ripple price prediction has made waves, many investors are still putting it on the back burner for ELX. This is because XRP has already surged over 500% in the past 12 months. Thus, its highest upswings may have passed - leaving traders to look at other altcoins. Elluminex (ELX) To Bring DeFi To The TON Network While Ripple (XRP) and Ethereum (ETH) get the main focus, Elluminex (ELX) is stealthily coming as the one to watch in the DeFi market. Elluminex is a DeFi hub bringing DeFi to the TON Blockchain. The TON blockchain, supported by Telegram, affords Elluminex access to almost 1B potential users. This is good for Elluminex because the platform can go from being a concept to something widely used in a few days. However, Elluminex is more than just a DEX. It will also introduce an educational academy where traders will learn about DeFi. Thus, users will learn how to trade confidently and make good decisions. Additionally, its AI-powered portfolio tracker will bring effortless trading and real-time data to traders. As a result, both novice and experienced traders could gravitate to the Elluminex platform. The ELX token, the platform's backbone, follows a deflationary model that guarantees greater value with increased scarcity over the years. Those who participate in the presale benefit the most since they can get the DeFi crypto before it gets listed on a Tier-1 CEX like Uniswap. ELX is worth just $0.06 in phase one of its presale. But this DeFi coin price will rise to $0.08 after phase two begins—a 33% return. Ethereum (ETH) vs. Ripple (XRP) vs. Elluminex (ELX) – Which Crypto Coin Stands Out Right Now? Ethereum (ETH), Ripple (XRP) and Elluminex (ELX) are all crypto coins that could see big price gains soon. However, one may differentiate from the rest. This is Elluminex, as it will have a smaller market cap than its peers. Therefore, it will need less money for its price to surge. Plus, it may disrupt the DeFi market, which IBS Intelligence predicts could be worth $48B by 2031. Due to all these factors, many analysts foresee a potential 7x value jump for ELX coming this year. For more information about Elluminex (ELX) visit the links below: Website: https://elluminex.com/ Twitter/X: https://x.com/elluminex Telegram: https://t.me/Elluminex Elluminex is a next-generation DeFi platform built on the TON Blockchain and Ethereum, offering a seamless decentralized finance experience with innovative features. Users can engage in staking, farming, and enjoy AI-powered portfolio tools, all while participating in a cross-chain ecosystem. Elluminex is unique in that it is bringing DeFi to the TON Network/Blockchain which at the moment is very limited in this sense with very few options available to its users. Despite this the TON Network is still the fastest growing blockchain in the world and many view it as a future powerhouse to rival Bitcoin, Ethereum and Solana. By bringing DeFi to the TON Network, Elluminex would immediately transform the chain and take its capabilities and vast reach to the next level. Much like Uniswap did with Ethereum, Pancakeswap did with Binance Chain and Jupiter did with Solana. Cryptocurrency may be unregulated in your jurisdiction. The value of cryptocurrencies fluctuates and it is important that you thoroughly understand the risks associated with acquiring cryptocurrencies, as outlined in the Disclaimer. You confirm that you are not a citizen or resident of the United States, United Kingdom, or any prohibited jurisdiction, or any other location where the purchase of Elluminex and $ELX token may be legally restricted. Please note that our list of restricted countries and terms of service may undergo updates, and it is your responsibility to stay informed about the latest version. By proceeding to continue to use Elluminex.com, you acknowledge and agree to our Terms of Use and Privacy Policy. Contact Details Elluminex Andy Green press@elluminex.com Company Website https://elluminex.com/

January 26, 2025 10:55 AM Eastern Standard Time

Image

While Cardano Struggles To Stabilize Above $1, Savvy Crypto Players Eyes These 2 Coins For Massive Returns

Elluminex

After multiple attempts to stabilize above the $1 price mark, Cardano (ADA) has slipped below the crucial level following an 11% correction. Considering its inability to hold strong above this level, token holders are growing wary about the possibility of retesting its previous ATH at $3.10 during this bull cycle. This has led many to seek other prospective altcoins like Tron (TRX) and fast-rising presale stars like Elluminex (ELX) with a better chance to hit the $1 price mark. Elluminex in particular has drawn enormous attention because of its aim to expand DeFi capabilities on the rapidly growing TON network. But that’s not all there is to Elluminex, let’s find out why it is largely considered a top DeFi pick. Elluminex’s Cross-Chain Compatibility For TON Projects Attracts Growing Interest In today’s crypto world, solving DeFi challenges is not enough to gain the attention of potential users and investors. For Elluminex (ELX), the main attraction lies in its proprietary features which include an AI-powered portfolio tracker and a custom premarket feature that streamlines the overall DeFi experience, ultimately making it accessible to both new and experienced users. Besides the aforementioned, Elluminex offers other key solutions including a comprehensive DEX protocol, advanced staking and farming mechanism, and cross-chain liquidity solutions, that particularly cater to TON projects and their users. Another noteworthy feature is Elluminex Academy which is dedicated to eliminating DeFi illiteracy to the barest minimum. In general, Elluminex strives to champion security, speed, and scalability in DeFi while unlocking endless potential in the broader DeFi landscape. This core goal has drawn a lot of interest to its native token–$ELX which currently sells for $0.06. While Elluminex is projected to scale rapidly alongside the TON network, early backers stand a chance to make significant gains as soon as the token goes public on CEX and DEX platforms. Cardano Token Exhibits Bullish Momentum Despite Struggle To Stabilize Above $1 Having dipped by over 10% in the past week, the Cardano (ADA) token has attracted mixed reactions from token holders and market forecasters alike. This came as a result of the top altcoin’s inability to stabilize above the $1 price mark due to severe fluctuation above the crucial level. Currently trading within a week-to-date range of $1.12 and $1.00, ADA price reflects a noticeable fluctuation. Albeit, the ADA token has maintained a generally bullish trajectory as it still holds on to a nearly 9% price gain in the past month and over 110% in the past year. Despite this positive outlook, ADA's price is still about 67% down from its ATH of $3.10. According to on-chain analysis, a break above the $2 price mark could propel ADA price, and potentially retest the zone above $3 since it last did in September 2021. Corroborating this bullish claim, crypto analyst Valeriya pointed out in a recent X post that the ADA token’s next support lies somewhere between $0.87–and $0.90; however, if it is able to hold above this region then a price rebound to $1.32 could suffice in the short term. Tron Price Reclaims Bullish Momentum Above Resistance Level Like Cardano, Tron (TRX) has been trading below resistance until recently when it regained bullish momentum. In the past week, TRON's price has surged from its lowest level around $0.22 to a current price of $0.25, which reflects a nearly 5% increase during the same period. Meanwhile, the recent uptick in TRX price has also pushed the top altcoin back above the resistance level, creating more room for more growth over the next few days and possibly a week. Corroborating this claim, Tron's technical analysis including short and long-term EMAs and SMAs also points to a strong buy, suggesting that the current trend may persist. Furthermore, popular crypto analyst Andrew Griffiths is also bullish on the Tron token, pointing out in a recent X post that the top altcoin is currently in a consolidation phase. He added in his analysis that the TRX token is neutral on its 1D technical outlook (RSI = 54.705, MACD = -0.006, ADX = 21.441), ranging between the 1D MA50 and the 1D MA100. According to Andrew, as long as the 1D MA100 holds, the next bull target for the TRX token could be at 0.45. Tron vs Elluminex: Which Can Hit the $1 Price Mark Faster? Unlike the Tron network which is a blockchain network, Elluminex operates as a cross-bridge solution at the fundamental level. Its ability to propagate DeFi expansion for its base network, TON, sets it up for massive adoption. This coupled with its presale status and other proprietary features can boost ELX's price to $1 faster than Tron. For more information about Elluminex (ELX) visit the links below: Website: https://elluminex.com/ Twitter/X: https://x.com/elluminex Telegram: https://t.me/Elluminex Elluminex is a next-generation DeFi platform built on the TON Blockchain and Ethereum, offering a seamless decentralized finance experience with innovative features. Users can engage in staking, farming, and enjoy AI-powered portfolio tools, all while participating in a cross-chain ecosystem. Elluminex is unique in that it is bringing DeFi to the TON Network/Blockchain which at the moment is very limited in this sense with very few options available to its users. Despite this the TON Network is still the fastest growing blockchain in the world and many view it as a future powerhouse to rival Bitcoin, Ethereum and Solana. By bringing DeFi to the TON Network, Elluminex would immediately transform the chain and take its capabilities and vast reach to the next level. Much like Uniswap did with Ethereum, Pancakeswap did with Binance Chain and Jupiter did with Solana. Cryptocurrency may be unregulated in your jurisdiction. The value of cryptocurrencies fluctuates and it is important that you thoroughly understand the risks associated with acquiring cryptocurrencies, as outlined in the Disclaimer. You confirm that you are not a citizen or resident of the United States, United Kingdom, or any prohibited jurisdiction, or any other location where the purchase of Elluminex and $ELX token may be legally restricted. Please note that our list of restricted countries and terms of service may undergo updates, and it is your responsibility to stay informed about the latest version. By proceeding to continue to use Elluminex.com, you acknowledge and agree to our Terms of Use and Privacy Policy. Contact Details Elluminex Andy Green press@elluminex.com Company Website https://elluminex.com/

January 26, 2025 10:46 AM Eastern Standard Time

Image

This Low Cap Altcoin Is Quickly Gaining Traction, While Key Levels Indicate Dogecoin Is About To Rally

Elluminex

Prominent technical gurus like Ali Martinez are bullish on DOGE, though the recent Trump/Musk clash over a new AI investment may cause tensions that could affect the price of Dogecoin negatively. Meanwhile, stakeholders looking to find a new coin rather than chase small gains on big-cap coins are betting on an early-stage TON-based DeFi project. Will Trump And Musk’s Clash Impact Dogecoin Prices? Dogecoin is currently testing key support levels at $0.33, which have historically served as a springboard for upward momentum. On the daily chart, DOGE has formed a bullish flag pattern, often signaling a potential breakout. Crypto guru Dima James Potts, who studies post-presidential inauguration patterns, believes that if DOGE can reclaim $0.36 with strong volume, it could set the stage for a rally toward the next resistance at $0.42. Still, technical analysis can only take us so far, especially because a lot of DOGE’s prominence stems from its association with the world’s richest man. Trump told the world yesterday that he is planning to create a company called Stargate, designed to grow AI in the US. At the announcement, Trump was accompanied by the leaders of OpenAI, SoftBank, and Oracle. Perhaps because Elon Musk has publicly declared that he doesn’t trust OpenAI’s Sam Altman, or maybe because he felt D.O.G.E wasn’t getting enough attention, he went onto X and criticized the project, saying that the enthusiasts didn’t have the money. According to Politico, reports from the White House say that Trump is ‘furious’ with Musk. This isn't the first clash between the two men. If Trump fires Musk will Dogecoin crash with it? For now, the market seems unaffected and DOGE is up by 2.6% on the 24-hour charts. Elluminex Bridges DeFi And Telegram’s Billion Users Meme coins like DOGE are big business, but the real profits are now made by whales like Musk, or early entrants who got in at a low market cap. For those who want the allure of a meme coin like Doge, without the uncertainty posed by such a controversial figurehead, Elluminex might be one to check out. Elluminex describes itself as ‘The future of DeFi on TON’. The team, who hail from Fantom and Google, believe they have what it takes to become the default DEX and Defi protocol of choice for the TON blockchain. The platform will assist users with an AI portfolio tracker to help with decision-making and risk management. Considering that TON runs alongside the huge messaging app Telegram and that there is no decent TON DeFi solution at the moment, there is a lot of potential in this idea. Games like Notcoin and Hamster Kombat have done the work in bringing Telegram users to TON and crypto. Now Elluminex plans to bring DeFi to those users and more, by making trading and using decentralized finance as simple, fast, and rewarding as gaming on TON. Since the Elluminex presale is brand new and has raised over $300,000 in under a week, it seems that many investors are enthusiastic about their vision. For more information about Elluminex (ELX) visit the links below: Website: https://elluminex.com/ Twitter/X: https://x.com/elluminex Telegram: https://t.me/Elluminex Elluminex is a next-generation DeFi platform built on the TON Blockchain and Ethereum, offering a seamless decentralized finance experience with innovative features. Users can engage in staking, farming, and enjoy AI-powered portfolio tools, all while participating in a cross-chain ecosystem. Elluminex is unique in that it is bringing DeFi to the TON Network/Blockchain which at the moment is very limited in this sense with very few options available to its users. Despite this the TON Network is still the fastest growing blockchain in the world and many view it as a future powerhouse to rival Bitcoin, Ethereum and Solana. By bringing DeFi to the TON Network, Elluminex would immediately transform the chain and take its capabilities and vast reach to the next level. Much like Uniswap did with Ethereum, Pancakeswap did with Binance Chain and Jupiter did with Solana. Cryptocurrency may be unregulated in your jurisdiction. The value of cryptocurrencies fluctuates and it is important that you thoroughly understand the risks associated with acquiring cryptocurrencies, as outlined in the Disclaimer. You confirm that you are not a citizen or resident of the United States, United Kingdom, or any prohibited jurisdiction, or any other location where the purchase of Elluminex and $ELX token may be legally restricted. Please note that our list of restricted countries and terms of service may undergo updates, and it is your responsibility to stay informed about the latest version. By proceeding to continue to use Elluminex.com, you acknowledge and agree to our Terms of Use and Privacy Policy. Contact Details Elluminex Andy Green press@elluminex.com Company Website https://elluminex.com/

January 26, 2025 09:50 AM Eastern Standard Time

Image

Sui (SUI) Prepares To Surpass Solana (SOL) In 2025, Elluminex (ELX) Could Surpass Both

Elluminex

Layer-1 blockchains continue to dominate the market, with scalability and transaction speeds being critical differentiating factors driving adoption. While Solana was the trendiest blockchain of 2024, Sui's cutting-edge parallel processing capabilities and roots in Meta’s Libra project have positioned it as a serious contender to potentially surpass Solana. Elluminex, a Toncoin-based project, is stepping into this competitive arena with a bold vision to revolutionize decentralized finance. By creating a seamless all-in-one platform, Elluminex leverages Toncoin’s scalability to deliver unmatched functionality and usability for DeFi enthusiasts, making it a standout presale opportunity in the current market. Here’s the rundown on Elluminex’s bullish potential. Here’s Why Sui Could Become The Next Best Layer-1 Safety Net To Accumulate Sui has quickly established itself as a formidable contender in the Layer-1 blockchain space, drawing from its roots in Meta's ambitious Libra project and utilizing the innovative Move programming language. The unique design of Sui allows for parallel processing and horizontal scaling, enabling Sui to process up to 297,000 transactions per second, outpacing Solana’s 65,000 TPS during testing. Recent integrations, such as with PhantomWallet, widely considered to be Solana’s flagship wallet, will make Sui more accessible to a wider audience and degen traders. Bolstering its reputation as a potential “Solana killer," this positions Sui as a major player in the ongoing bull run, as well as the next one predicted to occur in 2029 in line with the 4-year cycle. Despite its potential, Sui is considered overbought and faces challenges such as being proof of stake which could hinder its long-term prospects. For investors seeking early-stage opportunities with higher upside potential, emerging projects like Elluminex on the Toncoin blockchain present a more compelling alternative over Sui, especially as the market shifts focus to undervalued contenders as market euphoria reaches a new high in the upcoming months The Go-To Project For High-Profile Projects Is Officially Solana In Early 2025 As the trendiest Layer-1 in 2024 overall, Solana already looks set to dominate 2025, with its rapidly expanding ecosystem and key milestones driving its momentum. The launch of the TRUMP and MELANIA meme coins has generated unparalleled excitement, with TRUMP reaching a $14 billion market cap and sparking a double-digit surge in Solana’s value. This frenzy saw trading volume soar to $36 billion, propelling Solana to an all-time high of $294. Additionally, this temporarily overwhelmed Coinbase's infrastructure, leading Coinbase CEO Brian Armstrong to acknowledge the need to scale their infrastructure to meet the growing demand for Solana, calling the surge a “high-quality” problem that clearly demonstrates Solana’s increasing relevance in the cryptocurrency space. These developments highlight Solana’s appeal as the go-to blockchain for high-profile projects, surpassing competitors like Ethereum, which many now view as outdated. Adding to its bullish momentum, speculation around Solana’s potential inclusion in a proposed US crypto reserve under the pro-crypto Trump administration has further fueled investor confidence. Combined with the possibility of ETF approvals under a more crypto-friendly SEC chair, Solana is poised to attract billions in institutional investments in 2025 Discover Elluminex’s Immense Hidden Potential During The Presale Elluminex is reshaping decentralized finance by leveraging the TON blockchain to deliver an all-in-one platform designed for modern users. By addressing inefficiencies in the DeFi space, Elluminex integrates key features like staking and an AI-powered portfolio tracker, creating a comprehensive solution within the relatively untapped Toncoin ecosystem. A standout feature of Elluminex is its cross-chain bridge, enabling seamless asset transfers across multiple blockchains. This innovation enhances liquidity and broadens trading opportunities, while the decentralized exchange provides low-slippage transactions and robust liquidity. Users retain full control of their assets, aligning with the platform’s commitment to decentralization and transparency. As the next altcoin season looms on the horizon, Elluminex plans to launch an educational platform to simplify DeFi for users of all skill levels. The platform’s DeFi academy will guide users through critical topics like profit-taking and secure crypto storage, empowering them to navigate the DeFi landscape. At the heart of Elluminex is the ELX token, which fuels the platform’s ecosystem. With staking rewards of up to 18% APY, ELX incentivizes user participation, bolsters liquidity, and supports the platform’s long-term growth, positioning Elluminex as a sustainable force in the DeFi sector. For more information about Elluminex (ELX) visit the links below: Website: https://elluminex.com/ Twitter/X: https://x.com/elluminex Telegram: https://t.me/Elluminex Elluminex is a next-generation DeFi platform built on the TON Blockchain and Ethereum, offering a seamless decentralized finance experience with innovative features. Users can engage in staking, farming, and enjoy AI-powered portfolio tools, all while participating in a cross-chain ecosystem. Elluminex is unique in that it is bringing DeFi to the TON Network/Blockchain which at the moment is very limited in this sense with very few options available to its users. Despite this the TON Network is still the fastest growing blockchain in the world and many view it as a future powerhouse to rival Bitcoin, Ethereum and Solana. By bringing DeFi to the TON Network, Elluminex would immediately transform the chain and take its capabilities and vast reach to the next level. Much like Uniswap did with Ethereum, Pancakeswap did with Binance Chain and Jupiter did with Solana. Cryptocurrency may be unregulated in your jurisdiction. The value of cryptocurrencies fluctuates and it is important that you thoroughly understand the risks associated with acquiring cryptocurrencies, as outlined in the Disclaimer. You confirm that you are not a citizen or resident of the United States, United Kingdom, or any prohibited jurisdiction, or any other location where the purchase of Elluminex and $ELX token may be legally restricted. Please note that our list of restricted countries and terms of service may undergo updates, and it is your responsibility to stay informed about the latest version.By proceeding to continue to use Elluminex.com, you acknowledge and agree to our Terms of Use and Privacy Policy. Contact Details Andy Green press@elluminex.com Company Website https://elluminex.com/

January 26, 2025 09:06 AM Eastern Standard Time

Image

Elluminex Is Set To Redefine DeFi On The TON Blockchain

Elluminex

Over the last two decades, there has been a continuous iteration of decentralized finance (DeFi) with the emergence of new dApps aimed at tackling specific challenges. This progressive development has aided the smooth transition from traditional finance (TradFi) to the current hybrid financial landscape and of course, will result in the eventual transition to a fully decentralized global financial landscape. Interestingly, none of this would have been possible without the fundamental blockchain technology. Today, there are over a thousand unique blockchain networks with only a very few that have gone mainstream. TON blockchain being one of them has drawn enormous attention largely because of its association with the popular messaging application, Telegram. But more importantly, TON’s diverse use case can not be overemphasized. However, despite its growing user base and expansive functionality, the TON network’s potential remains vastly underutilized, especially on the DeFi side of things. And that is exactly what Elluminex (ELX) is trying to achieve as a proprietary DeFi hub and cross-bridge solution on the TON blockchain. Elluminex Seeks To Boost DeFi Adoption On TON Blockchain Network With a forecast to reach $231.19 billion by 2030, growing at a CAGR of 42.5%, the DeFi market remains highly untapped. However, considering the unparalleled scalability and user base that TON blockchain has to offer, Elluminex is well-placed to capture a substantial share of this expanding market, which justifies the rush among market players to secure their share of the native ELX token in the presale market. To achieve this mission, Elluminex plans to introduce a unified DeFi hub on the TON network; this way, it will allow the nearly one billion users on the TON blockchain to access diverse DeFi tools including a decentralized exchange (DEX), a staking and farming protocol, alongside cross-chain liquidity solutions. Not only that, users will also be able to track and manage their crypto assets more efficiently using Elluminux’s AI-powered portfolio trackers. Besides improving asset management, this feature equally provides real-time market insights to help both new and experienced traders make smart and well-informed trading decisions. Additionally, Elluminex offers a DEX protocol with early access to TON projects, high liquidity, minimum slippage, and advanced trading features, making it an ideal option for investors looking to engage in cross-chain swaps and early token offerings. More specifically, token holders have exclusive pre-market access to new tokens on the TON network, making it easy to invest in promising projects before they get listed publicly. Can Elluminex Deliver Massive Gain For Early Backers? One of the most noteworthy features of the Elluminex (ELX) platform is its token burn mechanism. This makes sure that its native token goes through a deflationary cycle that decreases the supply of its token over time, thereby causing a monumental rise in its value. Beyond this, Elluminex's potential for continuous growth is tied to its relationship with the TON blockchain which is also predicted to grow rapidly due to its socio-centric approach. As it ventures into the untapped DeFi market on TON, there are speculations that this new entrant could realize an exponential surge when it launches on the mainstream market. Already signaling itself as a solution to major bottlenecks in the decentralization finance sector, Elluminex is primed to outperform the likes of Jupiter, Uniswap, and PancakeSwap to rank as the best exchange platform. Meanwhile, having just started its ICO phase, Elluminex is already regarded as one of the top DeFi projects with an abundance of unrealized potential. Part of the reasons for this could be attributed to its proprietary role on the TON network as well as its limited token supply, which has clearly drawn a lot of attention to its ongoing presale. While it currently sells at a modest price of $0.06 in its early presale phase, Elluminex’s native token– $ELX is primed to reach significant heights, offering early backers an opportunity to earn massive returns, especially post-launch. Is Elluminex Capable Of Becoming The Highest-Growing DeFi Platform In 2025? The possibility of Elluminex ranking as the highest-growing DeFi platform in 2025 is possibly considered its untapped potential in the DeFi market. While it may not quickly rank among the best DeFi platforms due to its beginner status, its exposure to a vast user base on the TON network can give it a significant head start. For more information about Elluminex (ELX) visit the links below: Website: https://elluminex.com/ Twitter/X: https://x.com/elluminex Telegram: https://t.me/Elluminex Elluminex is a next-generation DeFi platform built on the TON Blockchain and Ethereum, offering a seamless decentralized finance experience with innovative features. Users can engage in staking, farming, and enjoy AI-powered portfolio tools, all while participating in a cross-chain ecosystem. Elluminex is unique in that it is bringing DeFi to the TON Network/Blockchain which at the moment is very limited in this sense with very few options available to its users. Despite this the TON Network is still the fastest growing blockchain in the world and many view it as a future powerhouse to rival Bitcoin, Ethereum and Solana. By bringing DeFi to the TON Network, Elluminex would immediately transform the chain and take its capabilities and vast reach to the next level. Much like Uniswap did with Ethereum, Pancakeswap did with Binance Chain and Jupiter did with Solana. Cryptocurrency may be unregulated in your jurisdiction. The value of cryptocurrencies fluctuates and it is important that you thoroughly understand the risks associated with acquiring cryptocurrencies, as outlined in the Disclaimer. You confirm that you are not a citizen or resident of the United States, United Kingdom, or any prohibited jurisdiction, or any other location where the purchase of Elluminex and $ELX token may be legally restricted. Please note that our list of restricted countries and terms of service may undergo updates, and it is your responsibility to stay informed about the latest version. By proceeding to continue to use Elluminex.com, you acknowledge and agree to our Terms of Use and Privacy Policy. Contact Details Elluminex Andy Green press@elluminex.com Company Website https://elluminex.com/

January 26, 2025 08:33 AM Eastern Standard Time

Image

1 ... 3 4 5 6 7 ... 668