The cryptocurrency market is on fire right now, but three tokens in particular are gaining investors’ enthusiasm: SUI, NEIRO, and Rexas Finance (RXS). Each of these tokens has been doing well of late, but Rexas Finance could be the best option for those who want to invest in the tokenization of real-world assets (RWAs). With its recent addition to CoinMarketCap and a successful presale, Rexas Finance seems to be growing rapidly and may become the next crypto sensation.

SUI: A new high

SUI has been a great revelation in the world of crypto since it has sustained above its all-time high of $2.18. This rather remarkable leap was preceded by a 400% surge from the support area located at $0.50. There is sustained interest by investors and confidence that SUI will grow during those times; to the market, it is a growth supporting intrinsic value determination. Today’s marketplace boasts of one of the superior tokens and there is aggressive buying from the investors.

This is not just a once-off occasion during SUI’s upward trending cycle; rather it shows the ability of the token to ride on market dynamics and market appetite. For those who want to add miscellaneous assets to their investment collection, SUI is a good offer with its growth rate being that of high competition.

NEIRO: The 6,900% surge

Another altcoin gaining attention is NEIRO, which opened at $0.00000033, and over time raised by an extraordinary 6,900% selling for $0.002177. This sharp spike can be attributed to growing confidence in NEIRO, as people are rushing to exploit the apparent growth opportunity. Demand is sufficiently increasing that it is pushing the token higher in the ranking of hottest tokens at the moment.

The volatility of the contemporary market reveals the performance of NEIROs. It positions itself as an example of how early investments in tokens can pay off considerably. NEIRO is a digital asset that is on the rise and this is a trend that every investor should look out for.

Rexas Finance (RXS): The RWA powerhouse

With the gains of SUI and NEIRO, other projects like Rexas Finance are steadily growing and creating a presence in the real-world assets sector. Last week, RXS’s price jumped 108%, hitting an all-time high of $0.060 in comparison to the Initial Coin Offering Price which was at $0.030. With more than 160,000 potential investors, Rexas Finance has been able to raise $3.4 million in its presale.

The project aims to make the process of tokenization of real assets as simple and as democratic as possible making it possible for the investors to access the markets which up to now they have been unable to do. Using this way, the visibility of the RXS token further increases, since it is listed on CoinMarketCap further increasing growth opportunities. The RXS token allows for ERC-20, ERC-721, and ERC-1155 among other forms of the tokens. All in all, that means there is more room for investors, with a total supply of 1 billion RXS tokens of this wonder.

Exciting giveaway for early investors

To further attract potential early investors, Rexas Finance is giving away $1,000,000 towards this project’s presale. 20 fortunate participants will each receive a huge amount of $50,000 just for being active participants in the project. This not only makes investing in RXS even more appealing to prospective investors but also gives investors a glimpse at Rexas Finance’s resolve to reward its community.

Conclusion: Join the trend

Whereas chronicled as impressive performers, SUI and NEIRO, Rexas Finance is quickly becoming a strong player in RWA tokenization. With a recent CoinMarketCap listing, commendable presale, and awesome giveaway, Rexas is set for greater achievements with RXS within the short term. Investors looking for new opportunities in today’s crypto market should pay attention to RXS. The RWA asset focus helps Rexas Finance stand out as one of the strongest investment options available in crypto today. 

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

This week in crypto, several major events are set to capture the attention of industry participants. Among the top stories are the highly anticipated Cosmoverse event, the debut of Mantle’s mETH token, and the upcoming Cardano summit.

Each of these events promises significant developments across their respective ecosystems, offering insights and potential growth opportunities.

Cosmoverse 2024 in Dubai

Advertised as the largest Cosmos conference, Cosmoverse 2024 presents one of the most exciting tech hubs and the top crypto news this week. It will take place in Dubai this year, after Lisbon in 2021, Medellin in 2022, and Istanbul in 2023.

During the conference, thought leaders of the Cosmos ecosystem and beyond will hold keynotes and participate in panels. They will educate and update the broader crypto community about current developments, implementations, and visions.

This year, the three-day event, which has over 2000 attendees and more than 120,000 speakers, brings together impressive industry stakeholders, including Osmosis co-founder Sunny Aggarwal, dYdX Foundation CEO Charles d’Haussy, and Polygon co-founder Sandeep Nailwal.

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

This gathering will continue the year-over-year mission to further collaboration and innovation and jointly push the boundaries of blockchain technology. This is especially true as major projects like Ripple, Cardano, and key voices from the Bitcoin ecosystem feature in the attendees’ list.

Mantle cmETH Restaking Token Launch

The Mantle ecosystem is making headlines this week with the upcoming launch of cmETH. Designed to be highly composable, cmETH serves as a value-accumulating receipt token within the Mantle Liquid Staking Protocol (LSP), similar to Lido’s stETH. Mantle also aims to achieve the highest sustainable core yield by exploring maximal extractable value and sharing treasury-generated yield.

Being among the top 5 in terms of TVL on L2Beat, they are now focusing on the development of cmETH, their own liquid restaking token, along with COOK as the governance token. Notably, the cmETH token will support several different restaking apps, with the mETH protocol hinting that the launch is around the corner.  

“Once cmETH is introduced, users will have the opportunity to restake their mETH to obtain cmETH, adding more value to COOK,” Mantle said.

ZkSync $47 Million Incentive Program

The ZkSync ecosystem’s first governance proposal was posted on the ZK Nation forum last week. It announced the Ignite program, which is expected to allocate 325 million ZK tokens to establish a DeFi liquidity hub.

“The ZKSync Ignite program, authored by Merkyl, requests 300,000,000 ZK tokens from the ZK Nation token assembly to distribute to DeFi users over 3 seasons, totaling 9 months. The proposal requests an additional 25,000,000 ZK tokens to cover administrative costs and includes a buffer for unforeseen circumstances,” ZKSync said.

BeInCrypto data values the 325 million ZK tokens at $47 million, based on the current rate of $0.1448. This highlights the potential financial impact of this initiative, as investors and stakeholders view this as a positive development.

Specifically, the overall sentiment surrounding the ZK token is likely to be bullish in the coming weeks. As liquidity continues to play a crucial role in the market, the establishment of a dedicated hub on the Elastic Chain could attract new users and enhance the utility of the ZK token within the ecosystem.

2024 Cardano Summit in Dubai

The Cardano Summit will take place Wednesday and Thursday in Dubai. The agenda includes topics like crypto adoption in the UAE, focusing on innovation and industry advancements.

Dubai, known as a top crypto hub, is the ideal host, reinforcing its commitment to blockchain integration. Over 10,000 attendees will join in person and virtually to celebrate the growth of Cardano’s ecosystem.

The 2023 Cardano Summit was bullish for the ADA token, providing tailwinds for the price to shatter a critical resistance. If history repeats, the event could see ADA sidestep risks of a 21% drop amidst ongoing uncertainty.

A strategic announcement from the Sushi ecosystem highlights this week’s top crypto news. Jared Grey, a builder at Sushi Labs, teased an upcoming announcement. He invited protocols and builders to integrate with Sushi’s APIs and hinted at a strategic move that will introduce new DeFi primitives to Automated Market Makers (AMM) and perpetual swaps.

“We’ll announce a strategic acquisition very shortly, allowing us to bring innovative DeFi primitives built in stealth to the AMM and perpetuals vertical, too,” Grey wrote.

Read more: SushiSwap (SUSHI) Price Prediction 2024/2025/2030

Grey remains optimistic about Sushi’s future, emphasizing that this is just the beginning of the platform’s growth and innovation.

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