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Cryptocurrency News Articles
Solana (SOL) Has Been Quite Bullish in the Past Few Days and Some Analysts Have Dubbed a Possible Move Towards $180
May 12, 2025 at 11:13 pm
Rexas Finance (RXS), an emerging altcoin that has adopted real-world asset tokenization functionality, is attracting investment attention in its presale stage.
Solana (SOL) has been quite bullish in the past few days and some analysts have dubbed a possible move towards $180. On the same note, Rexas Finance (RXS), an emerging altcoin that has adopted real-world asset tokenization functionality, is attracting investment attention in its presale stage.
While Solana is leveraging the current market prowess and RXS getting ready for an exchange listing, two tokens are trending for their growth prospects and intensifying activity within their respective ecosystems.
Solana Bulls Aim for $180 as Breakout Structure Strengthens
Solana’s price is currently at $140 with high trading volume and favorable technical fundamentals. Some analysts believe that there may be a breakout to $180 in the next 7-12 days if the trend persists. Fundamental analysis, including charts, reveals a cup and handle formation, which is a positive continuation signal. For the bull structure to appear valid, the price would have to break through the $150 mark.
Other indicators like the 50-day SMA are rising and the RSI is still below 70, indicating that the asset is not in an overbought position. With regard to on-chain activity, Solana also painted an indicator of buoyancy. The utilization of daily active wallet addresses and the transactions are on the rise.
The number of developers involved in the development of applications on different platforms of Solana has seen an increasing trend and continues to grow. There has been an accumulation of whale wallets with more than 100,000 SOL if the last few weeks are considered. This implies that large investors are expecting the price to rise in the near future, which reinforces the positive outlook for momentum trading.
If SOL manages to sustain above key support and barriers the breakout with higher trading volume, the possibility of reaching $180 rises.
Rexas Finance Gains Investor Attention Ahead of June Exchange Launch
Rexas Finance (RXS) is also newly rising during its presale stage, where one token costs $0.20. The platform proposes the tokenization of real-world assets such as real estate, commodities, and intellectual property. This means that investors can directly invest through RXS tokens to acquire stocks, enabling entry into traditional markets using blockchain. The project has already raised over $47.6 million and sold more than 460 million tokens out of 500 million allocated for this phase.
RXS is scheduled to launch on centralized exchanges on June 19, 2025, with an initial listing price of $0.25. Ahead of this, Rexas has completed a full security audit by CertiK and introduced a suite of blockchain tools. These include a token builder, NFT generator, decentralized exchange services, and real estate investment portals, all aimed at retail and institutional users alike.
Rexas continues to cultivate an expanding base of users; 155 thousand people in the communities are actively participating in current campaigns. The company itself is compared to a utility token and is considered an early-stage XRP, taking into account the use case and funding. If its exchange debut is good, it stands a chance of adoption within the DeFi ecosystem and among traditional investors.
Market Outlook: Two Projects, Two Growth Paths
Solana and Rexas represent different stages in crypto development. Solana is a current Layer 1 that is inching closer to new all-time highs on improving institutional backing and network activity. Rexas is a relatively fresh project geared towards the underrepresented niche of real-world asset tokenization, which has a precise plan of action and boasts impressive presale demand. Solana could possibly trade at $180 if the market trends similarly in the near future.
At the same time, Rexas gets ready for a major turning point with the exchange launch and the expansion of its visibility. Tokenization provides differentiated value propositions as it offers opportunities applicable to specific investor approaches. As the macro sentiment improves, projects with practical uses and increasingly diverse environments are the focus.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- Tether USDT Supply Hits $150 Billion; Tron Surpasses Ethereum with $73.7B, Stablecoin Volume at $1.82T
- May 13, 2025 at 08:10 am
- Tether's USDT stablecoin supply has reached a new all-time high, surpassing $150 billion in total market capitalization. The Tron blockchain now hosts $73.7 billion of USDT supply, overtaking Ethereum's $71.6 billion for the first time. This represents an 11% increase in stablecoin supply on Tron over the past month, with $7.5 billion added in 30 days. Stablecoin transaction volumes are also rising sharply, with total transaction volume hitting $1.82 trillion globally. Additionally, stablecoin activity on the Base network surged to record levels in Q1 2025, recording $3.81 trillion in transfers and 915,200 monthly active users.
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