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Cryptocurrency News Articles

Why Solana Might Not Hit $1400 Anytime Soon

Nov 24, 2024 at 07:26 pm

Unquestionably robust, Solana's blockchain architecture and ecology point to a correction probably before any notable upward advance

Why Solana Might Not Hit $1400 Anytime Soon

Solana (SOL) has been making waves in the cryptocurrency space, currently trading at $232.54 with a 24-hour trading volume of $6.8 billion as of writing. SOL has jumped more than 44% during the past month, approaching its all-time high of $260.

While there’s a lot of hype around SOL’s possible price of $1,400, analysts believe that after it crosses past its ATH, a brief fall to roughly $190 is most likely.

As SOL shows possible volatility, another competitor is catching the eye of smart money – Rexas Finance (RXS). Priced at $0.08 as of writing, RXS stands out as the greatest alternative token under $1 with a path for exponential expansion that might lead it to $12 post-launch, representing a huge 14,900% gain.

Why Solana Might Not Hit $1,400 Anytime SoonSolana’s blockchain architecture and ecology are both undeniably robust, but its short-term price direction suggests a correction is likely before any notable upward advance. Even though SOL surpasses the $260 mark, analysts estimate it may return below $190 to stabilize the market before beginning its ascent once more.

For long-term investors, SOL is still a good investment, but there seems to be little chance for large near-term profits. For those seeking great returns, Rexas Finance presents a special chance for exponential expansion at a fraction of the price.

Click Here To Buy Rexas Finance (RXS) Presale

Rexas Finance (RXS): The Best Token Under $1Rexas Finance (RXS) is not just another cryptocurrency; it’s a breakthrough platform set to revolutionize real asset tokenization (RWA). Utilizing blockchain technology, RXS makes it possible to tokenize and trade real estate, gold, and artwork with a simplicity never seen before.

Here’s why Rexas Finance is the smart financial decision for 2024 and beyond:

1. Unparalleled Growth PotentialPriced at $0.08 during its presale, RXS has already sold more than 183 million tokens and raised over $10.89 million as of writing. From its $0.03 in Stage 1, the presale price has climbed 165%; with Stage 6 nearly 92% occupied as of writing, the price is projected to grow still. When RXS opens at $0.20 in early 2025 it might reach $12, providing investors a possible 14,900% gain.

2. A Revolutionary Use CaseBy enabling the tokenization of real-world assets, Rexas Finance taps into a market valued at trillions of dollars, transforming:

Real estate into smaller portions, enabling access to a previously closed-off asset class.

Artwork into digital assets, facilitating liquidity and authenticity verification for a market currently plagued byilliquidity.

Gold into a completely digital asset class, enabling investors to participate in a market that is now difficult to access due to high costs and logistical hurdles.

Its no-code token creator lets users easily tokenize their assets, whether allowing either fractional or full ownership. This creativity opens fresh liquidity prospects and democratizes access to valuable assets.

3. Community-Driven ApproachRexas Finance is special in its dedication to a community-first approach, bypassing venture capital financing to give individual investors top priority. This strategy fits the goal of the project—that of democratizing financial possibilities. With almost 251,784 entries thus far as of writing, the ongoing $1 million RXS giveaway has enhanced community involvement even more. Twenty fortunate winners will get $50,000 worth of RXS, evidence of Rexas Finance’s dedication to honoring early supporters. Participants can increase their winning chances by completing tasks on the Rexas Finance website.

4. Certik Audited and Listed on Major PlatformsTransparency and security are at the heart of Rexas Finance’s operations. Certik has audited the project to guarantee strong smart contract security. Furthermore registered on CoinMarketCap and CoinGecko, Rexas Finance offers real-time data and enhances its trustworthiness.

5. Positioned for a Tier-1 Exchange LaunchThree out of the top 10 Tier-1 exchanges will see Rexas Finance open in early 2021, which will greatly improve its accessibility and exposure. This calculated release will probably stimulate demand and raise prices.

RXS vs. SOL: The Clear Winner for 2024While Solana’s $1,400 aim is still hypothetical, Rexas Finance presents a clear road for explosive expansion. Investors for a little $0.08 can land a position in a project poised to transform world markets. Furthermore, a

News source:bitcoinist.com

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