The cryptocurrency market has witnessed a positive growth surge, and in conjunction with this, Rexas Finance (RXS) has increased by over 100% in less than a month. With its cutting-edge technology for the tokenization of physical assets and an expanding ecosystem, some people are starting to wonder: Is Rexas Finance the new Solana (SOL)? There has always been a question of whether RXS could emulate the same skyrocketing increase as Solana. This necessitates studying the curve of SOL, identifying the key factors of its success, and considering why Rexas Finance might be able to replicate, if not exceed this level.

The rise of Solana (SOL): A blockchain revolution

The use of Solana’s programming language is graphical in nature, and thus the UI elements may match ideas from vocabulary techniques. The graph of Solana (SOL) has largely revolved around being one of the most effective storytelling platforms within the cryptocurrency space. Starting from $1.50, Solana’s currency progressed remarkably in 2021 to hit $260, marking more than a seventeen thousand percent growth. 

Its growth was additionally helped by a very efficient blockchain capable of processing thousands of transactions per second at very low transaction costs. As a result, Solana provided stiff competition to Ethereum. 

Due to its quick, scalable, and secure network, Solana managed to attract developers, DeFi projects, and NFT marketplaces in no time, enabling it to rank as one of the top 10 cryptocurrencies. With the support of leading investors and growing interest, Solana quickly entered the geopolitics of the crypto world as a quick and cheap version of its competitors’ blockchains.

Will Rexas Finance (RXS) find a sustainable model like Solana did?

While Solana made efforts to enhance the scalability of the blockchain, Rexas Finance (RXS) is making a play for a different, but probably equally large, opportunity: the focus on asset tokenization. 

This new area gives cryptocurrencies access to a huge market by creating tokens for assets like real estate, gold, hiring goods, and other expensive physical products that cannot be traded as currencies. Rexas Finance is set to change the way and cost at which real-world assets (RWA) are tokenized. 

The global market for real estate is over $280 trillion. Investing in ways to map expensive physical assets like real estate and gold onto the blockchain can now provide real returns on investment.

RXS has been in the market for a little under a month but has seen its price surge above 100% within that time—a positive sign for the returns it offers to its consumers. If this project holds to this same growth trajectory, it could potentially offer similar returns to Solana, potentially rewarding its early investors with windfalls.

Rexas Finance ecosystem: Enhancing stakeholder value

The most fundamental reason for Solana’s success is attributed to the presence of an active ecosystem of both developers and users. In the same way, Rexas Finance has created an ecosystem that addresses the problem of real-life asset digitalization and adds value for investors.

Some exceptional highlights of how the Rexas Finance ecosystem works include:

1. Rexas Token Builder: This tool enables individuals and organizations to issue and sell their own tokens based on real-world assets. Whether it’s real estate developers sourcing funds for a building through tokenization or individuals selling fractional ownership in their collections, the Rexas Token Builder offers a simplified approach to the tokenization of assets.
2. Rexas Launchpad: Investors can buy equity stakes in projects backed by the tokenization of project assets in the form of shares. Rexas Launchpad brings together asset owners and investors from all over the world, replacing traditional systems of fundraising with promising decentralized methods of financing projects.
3. Rexas Estate: One of the key features of the platform is real estate tokenization, which allows investors to own a stake in properties. This facilitates liquidity in real estate and lowers the entry barrier to this class of high-end investments.
4. Perpetual Intentions: Since solving real-world problems is central to Rexas Finance’s long-term vision, it echoes Solana’s accomplishment with its fast blockchain network. It is projected that as more assets become tokenized and join the platform, the supply and pricing of RXS will perform well.

Why Rexas Finance is getting the attention of huge investors

Rexas Finance is not only gaining attention from retail investors—crypto whales and institutional investors are noticing it too. In fact, during its Stage 3 presale, Rexas Finance raised over $2.75 million when demand was high. Now, Stage 4 has been activated, providing tokens for $0.06 each. 

Many investors are rushing to get RXS due to its practical use and the massive total addressable market (TAM) it taps into. Moreover, some analysts believe that from the current presale stage, RXS could appreciate to $50, which would make RXS one of the best investment opportunities in the crypto investment space today.

Additionally, Rexas Finance has organized a $1 million giveaway competition, which is already stimulating even more interest in the project and provides an extra incentive for early investors. 

Conclusion: Some analysts believe Rexas Finance could follow in Solana’s footsteps

While Solana has already made its mark as one of the best blockchains globally, Rexas Finance (RXS) seems to be making waves in the tokenization of real-world assets. Rexas Finance could be poised to transform asset ownership and exchange by bridging conventional industries worth trillions, such as real estate and gold, with blockchain technology. 

Having achieved over 100% growth within a month and cultivated a thriving ecosystem of use cases, Rexas Finance could arguably become the next big success, similar to how Solana was portrayed in its infancy. As more attention is directed toward this project and large investors continue to place their hopes on its future, RXS’s dominance seems within reach. For anyone wanting to get in early, Stage 4 of the presale is still live, and tokens are offered for $0.06. 

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

Aethir, the DePin “GPU-as-a-service” network, is launching a $100 million ecosystem fund to support cloud gaming developers. This fund will provide grants, and the Aethir Catalyst program will give developers access to the company’s hardware resources.

This $100 million investment represents a massive expansion into the fast-growing cloud gaming industry.

Aethir’s Cloud Gaming Strategy

Aethir, the DePin “GPU-as-a-service” network, announced the new $100 million Aethir Ecosystem Fund through a blog post. This fund is set to develop AI and gaming initiatives, specifically cloud gaming. The first phase of this rollout will be Aethir Catalyst, a grant program to aid new developers.

“Aethir Catalyst is built to fast-track the development of advanced AI applications, cloud gaming platforms, and AI-driven gaming experiences. With our 43 thousand plus top-shelf GPUs and 3 thousand plus Nvidia H100s, we’re providing the computer resources to scale projects of all sizes,” the announcement claimed.

Read more: What Is DePIN (Decentralized Physical Infrastructure Networks)?

Aethir’s strategy goes beyond mere financial support. While the $100 million fund will allocate a significant portion to developer grants — ranging from $5,000 to $200,000 in Aethir’s native token ATH — the Aethir Catalyst program will also provide eligible developers with access to the company’s extensive GPU processing power.

Aethir aims for these developers to create games powered by decentralized GPU equipment, which would attract potential customers to the platform. In essence, this program is a strategic move to strengthen Aethir’s presence in the growing cloud gaming market.

In addition to utilizing Aethir’s computing power for cloud-based games, developers will leverage the DePin GPU infrastructure to integrate AI solutions into their projects. While Aethir’s GPU resources are crucial for launching functional cloud-based games, the company’s announcement places significant emphasis on AI development opportunities.

Read more: What Is Cloud Gaming? How Does It Work?

The final pillar of the Aethir Ecosystem Fund is integration with Aethir Edge, a hardware device optimized to integrate with AI workloads and cloud gaming platforms. Users can earn ATH by hosting cloud computing services. The long-term strategy is clear: Aethir is making a massive commitment to the cloud gaming industry, and hopes to dominate early.

After a recent attempt to climb, EigenLayer (EIGEN) saw its price drop by nearly 10% in the past 24 hours, making it difficult for the token to reach $5.

However, crypto whales have stepped in with significant buying activity to prevent further declines. As the situation unfolds, investors are closely watching to see if this intervention can spark a recovery for EIGEN.

Whales Buy the EigenLayer Dip

EigenLayer, the leading Ethereum-based restaking project, launched its native token just over a week ago. Despite an initial price crash, EIGEN surged from $3.13 to $4.15 between October 6 and 10, fueling speculation of further gains.

However, the token has dropped to $3.62 in the last 24 hours, along with a 40% decline in trading volume.

From a trading perspective, increasing volume alongside rising prices typically signals strength and potential growth. But since both price and volume have decreased, this suggests the downtrend may be weakening, indicating a possible recovery for EIGEN soon.

Read more: Ethereum Restaking: What Is it and How Does it Work?

Crypto analyst Michaël van de Poppe believes EIGEN’s recent decline could be short-lived. He suggests that this dip might set the stage for a potential rally, with EIGEN possibly climbing toward $5 in the near future.

“One of the most promising projects, EIGEN, is doing well. It took the liquidity and started an uptrend, so the whole ecosystem woke up. Expecting to take liquidity at $4.25, have a slight dip (entry point), and then rally to $5+,” the analyst wrote on X. 

In line with this sentiment, on-chain data shows that crypto whales have continued to buy the token. A look at the large holders’ netflow, which shows the difference between the amount of cryptos bought and sold by large investors, revealed that it jumped by a whopping 168% in the last seven days.

This increase indicates that a higher level of accumulation is going on compared to distribution. Lookonchain also confirms this by revealing that two separate wallets bought EIGEN valued at over $6 million just yesterday. 

EIGEN Price Prediction: Support Remains Strong

EIGEN’s current price of $3.62 is close to the 38.2% Fibonacci retracement level, a key technical indicator for identifying support and resistance. The 38.2% level, located at $3.58, serves as a major support floor, suggesting a potential price rebound.

If EIGEN bounces off this level, it could rise toward the 78.6% Fibonacci retracement at $4.14.

Read more: 10 Best Altcoin Exchanges In 2024

However, the price may fall if crypto whales don’t increase their holdings. Additionally, the upcoming token unlock in October could limit upward momentum, potentially causing EIGEN to drop to $3.37, the lower 78.6% Fib level.