During link budget design, we maintain a link margin (that covers fade margin, and any other losses). Does link/fade margin depend on the technology being used. In fact I am working on Rotating Polarization Wave (RPW) based LPWAN [1]. The error performance of RPW is inferior to LoRa in AWGN, but superior to LoRa under Rayleigh fading environment. I have compared the two LPWANs for a BER of 10^-5. A packet error rate of 1% is achieved with RPW at a received power level of -120 dBm compared to -109 dBm for LoRa.
[1] Article Quaternion Model of Higher Order Rotating Polarization Wave ...