There is a thrill in the air when it comes to investing in cryptocurrencies and it is hard not to keep up with the updates.
From a remarkable comeback of Solana to a new stablecoin about to be launched by Ripple and the phenomenal price leap of Rexas Finance (RXS), let’s get into the latest updates and what they entail for an investor like you.
How SOL is back on the track
To start with Solana (SOL), one of the most dynamic cryptocurrencies faced a huge blow recently.
After hitting a high of $188.65, SOL plunged excitingly by 32.32% and touched back down to a support level of $129.03.
This drop may have sent shivers down the spines of some investors, but the story doesn’t end here. As SOL tested that support level, it showed remarkable resilience, crawling back 19.65% up, and trading at $152.76.
It appears traders are buoyed owing to their reactions, and thus the market expects further price appreciation from SOL.
Such may be a good time for those planning to do some buying to see whether Solana is really on the way up with this recovery or further breaks through the recovery and past resistance levels.
Ripple (XRP) set to introduce a revolutionary stablecoin
Next in line is Ripple (XRP) which is also newsworthy, especially with the buzz about its impending stable bundle – Ripple USD (RUSD).
At present headquarters, XRP is fluctuating around $0.5843 making its way slowly to the all-important psychological level of $0.6000.
Ripple’s plan to introduce RUSD stabilizes with the use of databases astounds out to bring together international financial institutions and create conditions for the complete transfer of funds within the respective countries.
The stablecoin will be based on the use of the XRP ledger which is expected to create avenues for enhancing payments made beyond borders.
Nonetheless, XRP holders are rearing to go to the US SEC for further clarity which is essential for the approval of the stablecoin.
Ripple made public its plans of introducing the stablecoin in 2024, the forecast of the market which is currently at 150 billion would grow to 2.8 trillion by the year 2028.
If this comes through it will enhance the position of XRP in the other market immensely.
Rexas Finance (RXS): a consistently impressive presale stage gain of 25%
With all the hysteria surrounding Solana and Ripple, Rexas Finance (RXS) is making a name for itself too.
The platform has only just switched to presale stage 3, and the excitement is tangible with an impressive leap in price by 25%.
Tokens that were earlier priced at $0.040 are now being offered at the rate of $0.050.
One might wonder, what’s making this interest? Rexas Finance is not any other token, it is a platform that is changing history by allowing investors to buy parts of real estate while seated at home.
Yes, you read that right; you can now invest in real estate anywhere in the world without buying the whole property!
Are you interested in the exquisite villa in Spain or the small apartment in New York City?
Caught in circumstances so bad that you want to invest a fractional percentage of the real estate in Rexas Finance?
No problem. You can do that too. This detaches the burden of investing in real estate from the wealthy.
Everyone can already realize that Rexas Finance will be listed at around $0.20 in the first quarter of 2025 which means 300% profits for those that came into this presale phase.
As the platform matures, it is attracting interest for its strategies on how to control assets and is emerging as one of the serious contenders in the rapidly growing crypto market.
Navigating the crypto landscape
Solana is recovering, Ripple will tackle the money markets, and Rexas Finance is reimagining how we invest in real estate.
All of this news should interest the most discerning investors. Having said that, there is a question of how this opportunity can be taken advantage of in this case.
Whether it’s trading the SOL, waiting for the RUSD from Ripple, or dabbling in a fraction of a portion of real estate through Rexas Finance, the options are plentiful.
Dig this into these engaging upcoming, and who knows? You might just come across your focus for the next big investment!
For more information about Rexas Finance (RXS) visit the links below:
Website: https://rexas.com
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
The post Crypto news: Solana’s (SOL) comeback, Ripple’s (XRP) stablecoin launch, Rexas Finance’s (RXS) 25% price jump appeared first on Invezz
