In recent years, Solana (SOL) has been among the better performers in the cryptocurrency market, but the big question that makes every investor scratch their head is whether SOL will be able to reclaim its all-time high (ATH) of $259 by the end of the year 2024. Solana’s price is $154.99 at the time of writing, and although it has appreciated a lot, it is currently under a strong resistive level leaning at $188.80.This level has acted as SOL price’s ceiling level three times before which now makes it a very important level to monitor. For Solana to again set its sights on attaining its ATH, it first needs to clear this powerful barrier. Although she may have some good outlook regarding its potential over the long term, her hopes of making this happen in the near end may be very hard to achieve without a key trigger that will move the price up.
Can Solana Reclaim $259?
Hypothetically, the focus on fast-moving and scalable causes has helped Solana expand its ecosystem, consequently attracting many developers and projects to build on this particular network. However, despite these advantages, the price of Solana has been trapped in the $188.80 level. This resistance has been hard to overcome and for as long as SOL remains confined below it, the pursuit for the $259 ATH appears elusive through to Q4 2024.For SOL to reach these levels, one can assume that a benchmark one would have to achieve a large uptake of investors perhaps secondary to a substantial amendment or leap brought forward in the technology/protocol. While it is possible, most of the analysts have been wary of a forecasting of SOL regaining these figures anytime soon.
Rival Rexas Finance (RXS) Sees Skyrocketing Investor Interest
So while Solana is making efforts to go back to its ATH, a new competitor in the market, Rexas Finance (RXS), is now attracting a lot of investors. Rexas is a real-world asset (RWA) based token that attracted a lot of investors after its listing on CoinMarketCap, one of the most reliable cryptocurrencies’ price tracking websites.The CoinMarketCap listing has substantially enhanced the exposure of Rexas Finance attracting more than 130,000 investors as of this writing. Rexas Finance is currently priced at $0.060 in presale stage 4. What amazes the analysts is how fast the presale period takes. Stage 4 of the presale is already 72.32% complete.
Why Investors Are Flocking to Rexas Finance (RXS)
The tremendous rise of interest in Rexas Finance can be attributed to its attention to real-world asset tokenization. Rexas Finance aims to capture a huge market, by leveraging on tokenization where sectors like real estate, commodities, and others are put on the blockchain. This explains, why the investors are enthusiastic about the projects and thus the fast pace observed in its presale stages.As of writing, Rexas Finance has raised over $3.6 million, from the sale of over 78.8 RXS tokens in the ongoing presale. As momentum grows and more attention is brought up within the investors, the presale is continuing at the same pace if not increasing.
$1,000,000 USDT Giveaway Adds Extra Incentive
To complement this, Rexas Finance has joined the excitement by incorporating a $1,000,000 giveaway. In the presale, 20 random investors who buy tokens are guaranteed to win $50,000 each which makes for an exciting opportunity for ordinary people.
Conclusion: The Growing Interest in Rexas Finance
Even if there are hurdles in Solana’s attempt to trade above $259 in Q4 2024, the pace at which Rexas Finance is advancing shows it is quickly becoming a strong player in the market. With abundant investor enthusiasm, a successful presale, and getting listed on CoinMarketCap, Rexas Finance is showing that it can become a sought-after platform in the crypto market.For investors who want to increase the variety in their investments, Rexas Finance allows them to do so by joining at the early stages of the project which has a high chance of success. As its presale continues to be active and a million-dollar giveaway has been pledged, Rexas Finance is making the news for the better. Be among the early backers of RXS before its official launch.
For more information about Rexas Finance (RXS) visit the links below:
Website: https://rexas.com
Read CRYPTONEWSLAND on
google news
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 and Risk Warning
This article is a sponsored press release and is for informational purposes only. Crypto News Land does not endorse or is responsible for any content, quality, products, advertising, products, accuracy or any other materials on this article. This content does not reflect the views of Crypto News Land, nor is it intended to be used for legal, tax, investment, or financial advice. Crypto News Land will not be held responsible for image copyright matters. Readers are advised to always do your own research before making any significant decisions.
