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Solana’s On-Chain Data Supports a Move to $300, But Here’s Why Buying Now Might Not Be a Good Idea

Bitcoinist
by Bitcoinist
Last Updated: October 23, 2024 11:51 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

With its latest price movement and solid on-chain statistics, Solana (SOL) is once more drawing interest from investors. Coinglass claims that Solana’s long/short ratio over the four-hour time span is 1.989, suggesting a great optimistic attitude. Apart from this, open interest in SOL futures has soared by 2.9% during the past four hours, implying traders are using this hopeful view and raising their bets. Although these numbers would point to a positive trend, SOL is trading at $168.83 and has a strong resistance level hovering at $189.06. Breaking past resistance can be difficult historically, and even with robust on-chain data, there is no assurance SOL will exceed this important threshold. Purchasing Solana right now could not be the smartest decision since it may reverse at that crucial resistance. Instead of buying Solana now and exposing yourself to a greater risk, Rexas Finance (RXS) could be a more appealing choice since it presents obvious upward potential free from the same opposition issues. Rexas Finance is up by 100% as it jumps from $0.030 to $0.060 and is gearing up for further growth of 235.33% as the team plans to launch the RXS tokens at $0.2

Why Does Rexas Finance (RXS) Make Sense?

Rexas Finance (RXS) is not just any cryptocurrency; it marks a major transformation in the real-world asset (RWA) industry and offers investors a special chance to tokenize and trade actual assets on the blockchain. Unlike SOL, which might be constrained by resistance at $189.06, Rexas Finance provides a more guaranteed route to expansion; experts forecast notable price rises as it moves through its presale phases. Having surged from its Stage 1 price of $0.030, Rexas Finance, priced at $0.060 in Stage 4 of its presale, has already given early investors a 100% gain. The initiative highlights the great enthusiasm of the crypto community since it has raised over $4,096,067 and sold 87,434,437 RXS tokens. With a 235.33% predicted increase as it passes through the presale phases toward its launch price of $0.20 in early 2025, Rexas Finance offers a clearer growth trajectory than Solana, which might face uncertainty if it struggles to break past resistance.

Click Here To Buy Rexas Finance (RXS) Presale

Closed the Distance Between Blockchain and Real-World Assets

Rexas Finance is especially interesting since it closes the distance between blockchain technology and actual assets. This is not only a token for speculative profit; Rexas Finance is radically redefining asset ownership and trade. Users of the platform can tokenize actual assets including real estate, commodities (including gold), and even artwork and collectibles. Purchasing and selling these tokenized assets on a worldwide market gives investors fractional ownership of valuable goods once out of reach for many. Although Rexas Finance is in its presale right now, analysts believe its price might explode upon official release. Early 2025 sees the token predicted to begin trading at $0.20, but that is only the beginning. Based on projections, Rexas Finance might hit $7 after just four weeks of trading, a startling 11,567% rise from its present presale price. The strong foundations of Rexas Finance and its capacity to revolutionize the asset management sector support this kind of expansion possibilities. Rexas Finance gives investors access to the billions of open markets by tokenizing real-world assets, therefore profiting from the growth of blockchain technology in conventional sectors. Apart from its innovative platform, Rexas Finance presents various other benefits that contribute to its appealing investment value. Supporting several token specifications, including ERC-20, ERC-721, and ERC-1155, the platform offers adaptability and fits with a broad spectrum of blockchain initiatives. Furthermore registered on CoinMarketCap, Rexas Finance lets investors monitor the token’s real-time performance and obtain correct, current information. However, the team behind Rexas Finance chose to concentrate on private investors even though they could attract venture capital financing so more individuals could join in its presale and partake in the success of the product and Rexas Finance is providing a $1,000,000 USDT giveaway with 20 lucky winners each receiving $50,000 worth of RXS tokens to appreciate its community for participating in the presale.

Rexas Finance (RXS) Provides Certainty Among The Uncertainty Of Solana

Solana’s optimistic attitude and on-chain data point to a movement toward $300, but its resistance around $189.06 could restrict short-term expansion and make this investment dangerous at current prices. Rexas Finance, on the other hand, guarantees 235.33% gains as it moves through its presale and a target price of $7 following its launch, providing a more assured route to the upside. Rexas Finance presents a special chance for investors wishing to profit on the next great thing in cryptocurrencies to enter early on a project transforming the field of real-world asset tokenization.

About Rexas Finance :-

Website: https://rexas.com

 

https://x.com/rexasfinance/status/1848519233291854135?s=46&t=AK6m3lQEF1gUjK09CqEPsw

 

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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