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Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act

$820 Billion Standard Chartered Bank Says Solana’s (SOL) Price Will Soar 400% if This Happens

Bitcoinist
by Bitcoinist
Last Updated: October 18, 2024 10:25 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

A prediction made by Standard Chartered, a banking institution, implies that Solana (SOL) prices could go up by 400% if Donald Trump becomes the President of the United States in 2024. Geoffrey Kendrick, head of the bank’s digital assets division, points out that the faster monetary transfer systems of Solana and the support for dApps make it a likely candidate for rapid progression in the event that a pro-crypto political climate exists. If under Trump there is a policy that would support blockchain technologies, it’s not difficult to assume that Solana’s growth and popularity would achieve staggering figures, consequently, bringing in developers and users to the platform. However, looking at the runway for the election, these investors will be able to consider the risks posed by this and the opportunities available—a good example being Rexas Finance (RXS) in terms of investment potentials regardless of where in the political spectrum one sits.

Standard Chartered Predicts Massive Solana Price Explosion

Geoffrey Kendrick from Standard Chartered predicts that Solana will see more growth if Trump wins the possible 2024 presidential elections. He notes that Solana is also very strong in infrastructure as it possesses features like fast, cheap transactions that are crucial for the operation of various decentralized applications. The estimates suggest that there could be a 400% growth from the previously mentioned peak, assuming a Trump presidency introduces crypto-positive policies that support the faster integration of blockchain-based solutions. Additionally, Kendrick points out the possible creation of the Solana ETF which will make room for institutional investors to enter the market. The making of this ETF as well as the growing acceptance of virtual assets and dApps technology will, in one way or another, be a motivating force behind Solana’s price rise. Still, the Trump effect on cryptocurrency is all pure speculation given there are a lot of unknowns when it comes to election results. Many factors determine the price increase of Solana such as economics, political decisions, and technology regarding blockchain. Thus, people who prefer investing in long-term scenarios may not want to rely on such political wives’ tales.

Is Rexas Finance (RXS) a Better Alternative?

Even though Solana bull cases seem to rely on political factors, in the case of Rexas Finance (RXS) it’s a different situation as they have a real-life application that does not have to do with elections. Rexas Finance is a new platform that seeks to tokenize real-life objects such as real estate, art, other commodities, and intellectual property so that investors its investors can enjoy such benefits anywhere in the world. With this innovative model, people can invest in highly valuable assets, fully or partially, at the click of a button. Rexas Finance gives investors the ability to create new investment opportunities as well as liquidity by turning traditionally illiquid assets into tokens. Fluctuations in blockchain technologies allow the insignificant barriers of entry, which are normal when dealing with real-world assets to be eliminated. For example, an individual from Asia can now invest in a commercial property located in Europe or a gold reserve located in Switzerland and receive a share of the profits generated from these properties without having to deal with the management of these spaces.

Click Here To Buy Rexas Finance (RXS) Presale

Rexas Finance (RXS) Presale Success: A 100% Gain for Early Investors

Rexas Finance presale continues to hit the limelight in the crypto sphere owing to the tremendous demand experienced after the launch of the RXS token at $0.03. Due to this demand, it has grown to $0.06 — this is a 100% increase for those who invested earlier. However, the rate at which the presale rounds are getting filled is alarming and most certainly indicates the presence of investors’ fears of missing out (FOMO) among both whales and retail investors alike. Rexas Finance is currently in Stage 4 in its presale. The platform has raised $ 3,662,386 of its $ 5.45 million target with 72.91% of stage 4 tokens already sold and the price of RXS at $0.060. In addition, the Restricted Shares have a 20% expectation appreciation in the near term on account of the presale nearing stage 5 which has a token price of $ 0.070 per token. Such rapid growth of the Rexas Finance presale is indicative of the potential that the market has for this project. With this in mind, it is also worth noting that Rexas Finance has been able to do this without any involvement of venture capitalists (VC), hence a truly public-driven project. Because of its focus on strong fundamentals, early adopters of the presale are rushing to the platform’s offering as it is easy to see an opportunity that transcends the political risk of Solana.

Why Rexas Finance (RXS) Could Outperform Solana

As political events and speculation may be what drives Solana’s future, Rexas Finance, on the other hand, provides real value by penetrating multi-trillion dollar markets like real estate and commodities. Two of the sectors that the company Rexas Finance intends to disrupt include the real estate industry where the market is worth $379 trillion and the gold market which is currently valued at $12 trillion. As Rexas Finance enables anything to be tokenized anywhere, it enables the future of more efficient and clear ways of owning assets. Its rapid expansion gave early investors impressive returns via presales which reiterated growth prospects regardless of how the US election looks in 2024. Even in the situation that Trump loses, the outlook for Rexas Finance attacking the asset management and investment opportunity scenes appears to be real as it comes from utility and not speculation. Early movers among Investors can position themselves at the current presale price where one token goes for $0.060; the next stage price is at $0.070. A trend that analysts have attached to the bullish growth of the platform with others also predicting that RXS will outperform Solana within the next few quarters.

Conclusion: Can a Solana Rally Shape the Future?

Although it is intriguing to read about Standard Chartered’s prediction of a 40x price for Solana under Trump, political events are always unpredictable. Many things will influence the crypto market’s results in 2024 including, but not limited to legal developments, the attitude of the regulators, and progress in the development area. This should be done with great care because putting faith in political forecasts and betting strategies is not without perils. At the same time, Rexas Finance (RXS) offers a better and more sustainable approach to investment through real-world asset tokenization. With the presale of Rexas Finance still grabbing the attention of investors as well as big whales, the future of the tokens is still bright regardless of the political climate. Its ability to break the traditional borders of asset ownership and enable fractional and global access to real-world assets is what makes this investment robust in the current market scenario. Trump’s Solana 400% rally may or may not happen, however, Rexas Finance is geared to dominate the cryptocurrency space by providing solutions that are practical and add value in the long run. For those who are looking to start investing early, there is quite an unbelievable opportunity with this token – RXS.

About Rexas Finance :-

Website: https://rexas.com

 

 

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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