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Solana’s Leap from $8 to $209 Post-FTX Collapse: Will Rexas Finance (RXS) or Cardano (ADA) be the Next SOL with a 2600% Rally?

Bitcoinist
by Bitcoinist
11 months ago
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Volatile trading served ups and downs, but hardly a story can match the proof of the climb and quite impressive growth of Solana. The entire gain from the price of $8 to $209 came after the fall to nothing. This stout price increase of the coin by 2600% shocked the excitement in the market. It also created a different interest in other projects that may be deemed to follow that kind of path. With Solana demonstrating that growth is attainable through the combination of resilience and creativity, the question now becomes: Who will be the next recipient of this kind of rise—Rexas Finance (RXS) or Cardano (ADA) in these conditions?Undeniably, both RXS and ADA have their own proposition and room for the great upside. But do they actually stand to the heights of the maximum surge Solana attained, from idle to functional in a span of a few months? Let’s take a step back to explore why these projects are being juxtaposed with Solana and the reasons they may be able to take them to greater heights.

The Solana Phenomenon: How Such Staggering 2,600% Rally Was Achieved?

As we get to Rexas Finance and Cardano, it is crucial to clarify what factors contributed to the skyrocketing growth of Solana. Following the demise of the FTX Exchange in late 2022, it was no surprise that Solana became part of the narrative. This was because FTX who founded the exchange were big believers in the network. However, rather than submitting to the madness that was on the market, Solana recovered, fueled by. First: Active users around the network: Developers kept working on the network in the middle of market fluctuations.Novel technology: The fast, and cheap transactions were made possible through its special architecture of Proof of History (PoH), which gave Solana its rightful niche a blockchain solution for scalability.Growing audience: The exponential growth of the Solana ecosystem was witnessed with the emergence of DeFi and NFTs which attracted developers and users substantially.This combination of innovative ideas, as well as absorbing the adversities and endurance delivered Solana far and further leaving no room for doubt that there is a blockchain that can weather storms and excel.

Rexas Finance (RXS): The Ray of Hope Within the Framework of Real-World Asset Tokenization

For those wondering what will be the next most utilized token in real life, Rexas Finance (RXS) comes as the best candidate out there. Unlike most tokens of circumstantial or speculative use, Rexas finance is about Real World Asset Tokenization or RWA which is a fast-growing and very profitable sector. This is further indicated by the fact that a lot of asset managers and institutional investors are now looking at ways to exponentiate assets in the digital world and platforms like Rexas Finance are ready to take off.

What Rexas Finance Has Over Other Token Currencies And Why It Might Have A Solana Style Surge:

  • Real World Assets tokenization

America currently holds the largest stagnated market value up to tens of trillions of dollars worth of real estate and commodities which is gradually transitioning towards the blockchain trends. Rexas finance allows the digitization of real estate, artworks, and other valuables into tokens, thus making it possible to introduce liquidity and fractional ownership. Given the fact that there is a very huge total addressable market, the upside of RXS price is massive.

  • Strong Presale Performance

The presale sales of Rexas Finance however did impress having already raised more than $200,000 in the first presale round. With the presale entering the third stage, tokens are selling at $.05, the market seems too active to warrant such difficulties. The gradual price escalation indicates too much interest in the market, just like in the initial stages of Solana.

  • New Product Offering

Rexas Finance is not limited to just the tokenization of assets. Its QuickMint Bot and GenAI platforms provide extra functionality for the core adoption of token and NFT AI technology regardless of the industry which is likely to capture a large clientele base.

  • Emergence Of DeFi And NFT Growth

Just like it was with Solana during the DeFi and NFT frenzy, Rexas Finance is prepared to tap into these developing markets. Providing a basic ecosystem with Rexas Launchpad for the funding rounds and Rexas AI Shield for the security of the smart contracts this platform could pull many developers, creators, and investors.

Click Here To Buy Rexas Finance (RXS) Presale

Long-Term Risk by Cardano (ADA)

Over the years Cardano has always been among the best in terms of technology development and focus on research. Co-founded by Ethereum founder Charles Hoskinson, Cardano is out to tackle the issues of scalability, sustainability, and adoption that have hindered many multitudes of blockchain networks. With its commitment to research and development of products thanks to academic papers this project is often referred to as one with a bright future.

Why Cardano Could See a Solana-Like Rally:

  • Smart Contracts and DeFi Expansion

With smart contracts introduced to the network in 2021, Cardano is aiming to become a significant player in the DeFi world. There are regards like SundaeSwap and Minswap which have already emerged on Cardano’s network indicating the ability of the network to host dApps.

  • Ecosystem Growth

Every single month new partnerships and new DeFi applications as well as new NFT projects appear on Cardano’s platform. Keeping in mind this tendency accompanied by the long-term perspective, one can assume that the demand for ADA would increase commensurately with the adoption of the network.

  • Technological Innovations

Among the most forward-looking developments in the cryptocurrency industry, the singular Proof of Stake consensus mechanism in Ouroboros Cardano is one of if not the least energy-consuming. Hence in such a situation, it is quite probable that ADA would be rated as a more favorable investment because the world is moving towards a more sustainable usage of the blockchain in general.

Which Will Be the Next SOL: Rexas Finance or Cardano?

Although both Rexas Finance and Cardano are poised for a rise akin to that of Solana, they have two different audiences and two different ways to achieve growth.

Rexas Finance is all about the tokenization of real-world assets, a branch that has just begun but with the potential as the disruption from the blockchain continues to sweep across the world. With its promising growth in the presale and improving primarily its product line and proposition of bringing value to real properties, RXS could be the next project to undertake a Solana-like hike. On the other hand, this is a more organic character with long-term thinking about new developments and stability in technology. Are you ADA, who is not fond of quick spikes at the RXS level, do not worry. Such growth will come with gradual progress and the growing network, defending such consensus long term.

Conclusion: A Clash of Technology and Growth

Almost every cryptocurrency helped rebound post-FTX and the dullness of the crypto market is history, quaint didn’t think that euphoria existed for Solana with its 2600% development. It is such fundamentals that are present in Rexas Finance and Cardano whose value might appreciate to the same levels, only that they will take different paths.Rexas Finance appears to be a very interesting play for those interested in high-risk high-return investment opportunities as it utilizes the tokenization of the real estate market. However, for the more conservative investors, and particularly those who have done due diligence looking for a project with long-term potential, Cardano is still a reasonable bet.A vertical rise in RXS and an uptrend for ADA are most likely coming but the increase in value, akin to the Solana rally, in the near future will be dependent on how these projects will carry out actions towards their plans. Is it Rexas Finance that will ascend or will it be Cardano? Only time will tell.

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

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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