Some altcoins remained relevant during the recent market correction. This week, the trend for the altcoins focused on Solana (SOL), Ethereum (ETH), and Rexas Finance (RXS).
- Ethereum ETFs see substantial inflows; it brings up the first instance, which partly explains why Ethereum (ETH) won against Bitcoin in recent weeks.
- Solana (SOL) is at record highs due to DEX volume and network activity.
- Rexas Finance (RXS) presale enters Stage 8; $18 million raised in less than 3 months.
Rexas Finance (RXS) Presale Dazzles in Stage 8
Rexas Finance (RXS) is making headlines with its strong presale performance. Stage 8 began after the completion of Stage 7 earlier in the week. Starting at $0.003, each RXS token now costs $0.10, a 233% increase. Top investors are flooding this stage, pushing it to 90% completion as the following stage price will rise to $0.11. Currently, Rexas Finance has sold 262 million RXS tokens and raised $17.9 million in presale. Participation has increased due to the increasing interest in decentralized asset management systems. Rexas Finance uses blockchain technology to provide an innovative RWA tokenization that solves previously illiquid market liquidity, accessibility, and transparency issues. It enables fractional ownership; hence, more investors can access markets previously dominated by the rich.
Rexas Finance chose a public presale instead of VC finance, making the project more accessible and community-driven. By eliminating VC participation, more investors can profit from the token’s growth, boosting the project’s long-term prospects. Meanwhile, popular token performance tracking systems CoinGecko and CoinMarketCap have included RXS, increasing its market prominence. These listings let potential investors track RXS’s progress and lend credibility to the venture. Since these platforms provide solid crypto data, this increases investors’ faith in the project.
Also, Certik recently audited Rexas Finance’s coding and smart contracts for security. Since Certik is known for its rigorous testing, Rexas Finance’s completion of this audit proves its commitment to user safety and reliability. Another interesting development in the Rexas Finance ecosystem is the ongoing $1 million giveaway. This initiative rewards early adopters and encourages community interaction, with 20 top participants receiving $50,000 in RXS tokens. The offer is a terrific way for the project to raise awareness and attract more users, encouraging participants to spread the word and grow the Rexas Finance ecosystem. Also, the team announced earlier that RXS will officially debut on at least 3 of the tier-1 exchanges globally after completing its presale stages. Experts have lauded this move as they project an explosive rise for RXS tokens due to the expected vast liquidity flow from these exchanges. With a decentralized technology that will rethink asset management, the project is expected to see steady growth. This makes Rexas Finance one to watch in the coming months.
Ethereum Impress as ETF Demand Rises
Ethereum (ETH) has risen 5% in 24 hours and 10% in a week, reaching $3,635 as of this writing. This growth is primarily due to rising demand for leveraged Ethereum ETFs, especially the Volatility Shares 2x Ether ETF, which has grown 160% since early November. Ethereum’s dominance in decentralized finance (DeFi) further underpins its strength. The network has nearly half of all DeFi platforms’ TVL at $70 billion. Ethereum’s status as DeFi’s backbone is secure as layer-2 solutions improve its growth potential. With Ethereum finishing November on a strong foot, experts keenly watch if it could break into $4000 early enough to set up a new ATH by December 31.
Solana DEX Volume Hits New Highs
In a wave of euphoria, Solana (SOL) rose 61.5% from November 5 to November 22 to $263. This shift follows broader cryptocurrency growth, but Solana stands out with $109.8 billion in November DEX trading volume. This volume growth shows Solana’s growing position in the memecoin-supported DeFi industry. Due to its low transaction prices and rapid speeds, users love the network for frequent, low-cost exchanges. Solana’s on-chain metrics are also impressive, reaching 25 million active addresses this month. This increase in network traffic shows Solana’s growing popularity among developers and consumers. Some experts expect Solana’s price to rise to $300.
Conclusion
The altcoin market is quite active, with Ethereum, Solana, and Rexas Finance leading the way. Strong foundations, new ideas, and development potential attract attention to these coins. Rexas Finance is promising because of its novel approach to real-world asset tokenization, and its presale popularity makes it a project to watch. With its successful presale, Certik audit, and ongoing giveaways, Rexas Finance is poised to dominate the blockchain and DeFi sector.
For more information about Rexas Finance (RXS) visit the links below:
Website: https://rexas.com
Win $1 Million Giveaway: https://bit.ly/Rexas1M
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
