The year 2021 will certainly be inscribed in the history of Solana due to the all-time high SOL achieved during the bull run. Now, one of the Solana bulls who accurately predicted that the ATH of $259, is taking bold steps once more on the prediction of Solana. This Bull sees $700 by 2025 as ‘very much’ on the table for Solana. But what is more interesting is that the same bull has also found another token, Rexas Finance (RXS), which could perform in the same way as Solana did in 2021.

Solana’s 2021 price rally: A lesson in exponential growth

Several reasons led to the rising popularity of SOL’s chain in the year 2021. To begin with, it was obvious that the platform emerged as the faster and more efficient version of Ethereum, which had been suffering from major problems such as high transaction costs and sluggish speed. This technical advantage enabled Solana to penetrate the market especially more so in the DeFi and NFT markets.

At the same time, Solana’s very own ecosystem also hosted a rich assortment of projects and developers thereby speeding up the contend for its adoption and the need for SOL tokens. Institutional investment followed, and when more traders jumped on board, Solana prices went up to an ATH of $259.

The speed, efficiency, and expansion of the ecosystem around the blockchain make SOL still relevant in the crypto space. The Solana bull who accurately predicted $259 for Solana has now set a price prediction of $700 in 2025. This Bull believes that this price objective is ‘very much’ on the table.

Rexas Finance (RXS): The token that might mirror Solana’s 2021 rally

Solana could have more scope for expansion up ahead, however, this Solana bull is also giving a lot of focus to Rexas Finance (RXS), which this bull believes could follow a similar upward trajectory in 2025 as Solana did in 2021.

Crypto markets today have an influx of projects such as Rexas Finance, which seems relatively new but specializes in RWA tokenization gaining traction in the industry. Different from many of the meme coins that are hyped up but have no use cases, Rexas Finance brings something useful as it enables investors to hold proportions of actual things such as real estate and other commodities in the form of its blockchain.

This is where the spirit of the token comes from, as certain aspects of this token give it a degree of stability and a scope for growth that is not in many altcoins. The possibility of investing in real assets using the blockchain makes Rexas Finance very appealing to both individual investors and institutions looking for safer and asset-backed investment options.

The strong presale performance of Rexas Finance is a clear indication of how the market feels about the project. In its 4th presale stage, RXS goes for only $0.06 yet has managed to collect over $3.5 million already. The majority of the earlier presale stages were cleared before the set timelines which only goes to show the interest in the token is increasing further. Furthermore, the addition of Rexas Finance’s features listing on CoinMarketCap has created even more visibility for the project among investors in the crypto sphere. The ongoing $1 million giveaway has also helped fuel interest in the project, with more than 121,400 people participating. These early signs show that the Rexas Finance project has the chance to gain mass adoption just like happened with Solana in 2021.

Conclusion

The Solana Bull has marked Rexas Finance (RXS) as the third potential target to behave similarly to Solana’s calendar year 2021 unprecedented soaring. With its unique strategies of enabling access to non-digital assets through the use of blockchain technology, good presale results, and increasing community support, Rexas Finance is soon becoming one of the tokens to watch out for. For the investors hoping to get back the hefty returns that were witnessed during Solana’s run in 2021, Rexas Finance has the potential to offer significant upside. Should the Solana bull be on point with his predictions, then Rexas Finance may just be the ultimate next altcoin revolutionizing early investors’ returns.

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

Stripe has acquired Bridge, a stablecoin platform, for a staggering $1.1 billion. This acquisition marks one of the largest in the crypto space to date and highlights Stripe’s strategic ambitions to integrate digital currencies further into its global payment system.

The firm has been gradually introducing crypto features, including supporting payouts in stablecoins and exploring cryptocurrency payment rails. Nevertheless, the acquisition of Bridge represents a more aggressive push.

Stripe Executes Crypto’s Largest Acquisition in Bridge Deal

With Bridge’s expertise in the stablecoin space, Stripe is expected to introduce enhanced cross-border payment solutions. This would allow businesses to accept payments in USDT and USDC seamlessly. The acquisition also positions Stripe to compete more effectively with other fintech firms that have been making similar moves into the crypto space.

Stripe has been gradually expanding its capabilities to include cryptocurrency support. The firm has long been a major player in online payment solutions. By acquiring Bridge, the payment giant will be able to accelerate its efforts to build out a fully integrated crypto ecosystem in one of the largest crypto acquisitions ever.

Indeed, the $1.1 billion valuation surpasses many other high-profile acquisitions in the space. It signals the value Stripe sees in the stablecoin market and the maturing of blockchain technology as a whole. With this deal, Stripe continues its evolution from a simple payment processor into a broader financial technology company, well-equipped to handle what is steadily becoming the future of money.

Read more: What Is a Stablecoin? A Beginner’s Guide

BeInCrypto reported discussions of the acquisition last week, with this development marking a pivotal moment for both companies. Stripe’s move is seen as a strategic decision to bolster its crypto infrastructure and bring more efficiency, flexibility, and scalability to its payment offerings through stablecoin payments.

Bridge, on the other hand, has gained prominence over the last few years. In August, the firm raised $58 million in funding from major investors, including Sequoia and Index Ventures. The fundraiser’s success reflected a shared belief in the potential of stablecoins in global finance.

The blockchain-based company specializes in creating seamless connections between traditional financial (TradFi) institutions and decentralized finance (DeFi) platforms. Its technology enables faster, more secure transactions across various financial platforms.

Taken together, this acquisition highlights the growing convergence between TradFi systems and blockchain technology. Analysts believe that this acquisition highlights the growing adoption of stablecoins as a means of payment.

“The $1 billion acquisition of Bridge by Stripe signals to VCs that stablecoin startups which were previously underfunded due to lack of early token liquidity now have a clearer path towards big exits. Expect more funding and more entrepreneurs building around stablecoins,” wrote Qiao Wang, founder of Alliance DAO.

Read more: How To Fund Innovation: A Guide to Web3 Grants

As cryptocurrencies and blockchain technology become more embedded in mainstream financial systems, acquisitions like this will likely become more common.

Ethereum price is extending gains above the $2,650 resistance. ETH could continue to rise toward $2,850 if it clears the $2,750 resistance zone.

• Ethereum remained in a positive zone above the $2,580 and $2,620 resistance levels.
• The price is trading above $2,650 and the 100-hourly Simple Moving Average.
• There is a key bullish trend line forming with support near $2,680 on the hourly chart of ETH/USD (data feed via Kraken).
• The pair could continue to move up if it clears the $2,750 and $2,780 resistance levels.

Ethereum Price Aims For More Gains

Ethereum price remained stable above the $2,600 level like Bitcoin. ETH extended gains above the $2,650 resistance level to move further into a positive zone.

The price cleared the $2,700 level and tested $2,765. A high was formed at $2,765 and the price is now consolidating gains. There was a minor decline below the $2,740 level, but the price is stable above the 23.6% Fib retracement level of the upward move from the $2,576 swing low to the $2,765 high.

Ethereum price is now trading above $2,650 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support near $2,680 on the hourly chart of ETH/USD. The trend line is near the 50% Fib retracement level of the upward move from the $2,576 swing low to the $2,765 high.

On the upside, the price seems to be facing hurdles near the $2,750 level. The first major resistance is near the $2,765 level. A clear move above the $2,765 resistance might send the price toward the $2,840 resistance. An upside break above the $2,840 resistance might call for more gains in the coming sessions.

In the stated case, Ether could rise toward the $2,880 resistance zone in the near term. The next hurdle sits near the $2,920 level or $2,950.

Another Drop In ETH?

If Ethereum fails to clear the $2,750 resistance, it could start another decline. Initial support on the downside is near the $2,720 level. The first major support sits near the $2,680 zone and the trend line.

A clear move below the $2,720 support might push the price toward $2,650. Any more losses might send the price toward the $2,620 support level in the near term. The next key support sits at $2,550.

Technical Indicators

Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone.

Hourly RSI – The RSI for ETH/USD is now above the 50 zone.

Major Support Level – $2,650

Major Resistance Level – $2,765