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Cryptocurrency News Articles
Rexas Finance (RXS): The Potential Successor of Solana (SOL)
Dec 25, 2024 at 06:00 pm
Rising over 10,000%, Solana became among the most well-known success stories in the cryptocurrency scene during the 2021 bull market. Three years later, SOL has become one of the top five cryptos by market cap. However, experts think SOL would find replicating its past extraordinary success difficult. So, which coins are expected to yield similar returns?
Solana (SOL) had an amazing 2021, rising over 10,000% and becoming one of the top five cryptos by market cap. However, experts think SOL would find replicating its past extraordinary success difficult.
So, which coins are expected to yield similar returns?
Analysts tip three coins: Rexas Finance (RXS), Virtual Protocol (VIRTUAL), and SUI as potential Solana successors.
These three ideas stand out because of their creative utility, good fundamentals, and high investor interest. Are they the subsequent big victors to match Solana’s 2021 mega-run?
Let’s find out.
Rexas Finance (RXS)
Among the projects aiming to revolutionize traditional asset management is Rexas Finance (RXS), a blockchain solution for real-world asset (RWA) tokenization.
Designed to simplify and democratize asset ownership, Rexas enables tangible and intangible assets such as real estate, commodities, and art to be tokenized and traded effortlessly on its blockchain network.
This innovation improves liquidity, decreases entry barriers for investors, and cuts transaction fees. The platform’s core features, like the no-code Rexas Token Builder, make token generation easier for individuals, institutions, and creators. The QuickMint Bot allows for quick token deployment via Telegram and Discord.
This combination of accessibility and efficiency establishes Rexas Finance as a strong participant in the DeFi and blockchain tokenization marketplaces.
Investor confidence in Rexas Finance remains high due to its open and solid basis. The platform has completed a Certik Audit, one of the most trusted third-party blockchain security evaluations, which increases trust and reduces investment risk.
Furthermore, listings on CoinMarketCap and CoinGecko have increased the project’s global awareness, drawing an increasing number of investors.
Currently, Rexas Finance is in Stage 10 of its presale, and tokens are priced at $0.15. The presale raised an amazing $29.7 million, with 357 million tokens sold ahead of schedule.
The price will grow to $0.175 at the next round, allowing early investors to profit immediately. After the presale, RXS will list at $0.20 on three Tier-1 exchanges, marking a significant milestone in the project’s development.
To further engage investors and drive adoption, Rexas Finance is hosting a $1 million giveaway, with each of the 20 winners set to receive $50,000 in RXS tokens.
This approach increases investor engagement and speeds up adoption, establishing Rexas Finance as a market participant.
Rexas Finance and Solana's early stages share many similarities, including special use cases, strategic exchange listings, and community-first approaches. Thus, RXS is well-positioned to emulate SOL’s major breakthrough in 2021 during the ongoing bull cycle.
Virtual Protocol (VIRTUAL)
Virtual Protocol's VIRTUAL coin is another promising candidate for rapid growth. Using artificial intelligence and blockchain technology, Virtual Protocol is a co-ownership layer for metaverse AI agents, offering a unique Launchpad for AI-powered ecosystems.
Since July 2024, when the token traded at an all-time low of $0.02018, the project has seen approximately 14,500% growth and an amazing 424% increase in the last month.
Following its launch on OKX, VIRTUAL’s trading volume skyrocketed, with open interest climbing 45% in just 24 hours to hit $107 million, according to Coinglass.
The excitement surrounding AI and metaverse developments has driven VIRTUAL to an all-time high of $2.96.
Analysts believe that with the increased usage of AI agents and more exchange listings, Virtual Protocol can potentially replicate Solana’s parabolic trajectory.
Sui (SUI)
SUI, the native coin of the Sui blockchain, has already had an incredible 520% gain in 2024, reaching an all-time high of $4.98 on December 16.
The Total Value Locked (TVL) on the Sui network has mirrored the price increase, indicating that the rally is fueled by substantial on-chain activity and investor engagement.
Technical analysis indicates that SUI is reaching the end of its wave-three rally. If the current trend continues, the next target is anticipated to be $6.66.
Analysts such as Valdrin Tahiri emphasize the importance of the parabolic support trend line, which is currently at $4.10.
As long as this level holds, SUI’s positive trend will continue. SUI’s quick ascent and strong fundamentals suggest it can replicate the gains observed in Solana’s historic 2021 surge.
Conclusion
While Solana’s 2021 performance may
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- Dec 26, 2024 at 09:05 am
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- Dec 26, 2024 at 08:45 am
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- $100 Million Invested Within Days! Traders MASSIVELY Accumulate These Crypto Tokens
- Dec 26, 2024 at 08:45 am
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- Dec 26, 2024 at 08:45 am
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- Can XYZ Token Be the Next Big Thing in Crypto by 2025? Insights and Predictions
- Dec 26, 2024 at 08:45 am
- The cryptocurrency market continues to evolve at a dizzying pace, with investors constantly seeking the next promising token that might offer substantial returns. As new technologies emerge, it's essential to examine not just their innovative potential, but also the risks and rewards they pose.