It is inescapable that the year 2021 will be an important point in the history of cryptocurrencies with many altcoins making their appearance including the Solana token (SOL). The rise of Ethereum-based initial coin offerings has brought last.
Many of these investors understandably feel frustrated that they had missed the boat on SOL’s rapid growth and that there might be another chance. Another good altcoin swap platform Rexas Finance (RXS) is attempting to soar to potentially similar heights but is priced below $0.10.
Solana’s Explosive 2021 Rally
The crypto asset was floating at the price range of $0.50 to $1.50 following the token’s launch to the end of 2020 which was a very dull year for most of the industry where they were concentrated to the market leaders only. However, when the crypto bull run began in the year 2021, the price of Solana increased remarkably.
In May 2021, a SOL price level of $55.91 was achieved. This was a great improvement from where it began. Despite the short-lived plunge of the SOL price to this $23.49 level in July, the market’s resiliency was quickly demonstrated. In November of 2021, Solana reached an unprecedented height of $258.93.
This signified an increase of more than 10,000% in a year rewarding those who invested money early and among the heated crypto assets, SOL was one of the best coins. As with parabolas run-up, there are always many that do not partake of the ride. And now, with SOL being far from the highest price it has ever been, these investors might be interested in something new.
Rexas Finance (RXS): A New Altcoin with Massive Potential
Those investors who weren’t able to take advantage of Solana’s spectacular growth now have a chance with Rexas Finance (RXS). Everything is quite raw with this platform, but in its further development, ‘Rexas Finance’ will seek to revolutionize the traditional financial model by breaking it down into parts and tokenizing the assets present: real estate, commodities, art, etc., or rather, their fractional ownership.
Tokenization of real-world assets is not a novel solution working with Rexas Finance. However, this is what they plan to simplify so that many more people can work with these instruments. The possibilities of real assets combined with blockchain technology put into pity the clash between the real world of finance with the new and disruptive system of decentralized finance.
The RXS Token and Its Presale Success
At the moment, Rexas Finance is in the very active second stage of the presale. The token, valued at $0.04, has already captured all the attention as more than $500,000 has already been raised. Its first stage presale was completed in less than three days which was sufficient to indicate attention and confidence in the project on the market.The RXS price is anticipated to increase in value as more people will come to understand its true value as the presale moves on. This should benefit early players hoping to gain from the first price demand. Looking at the project scale and increasing demand for tokenized assets, RXS can be anticipated to perform the same way Solana did in 2021.
Could RXS Be the Next SOL?
Nevertheless, it is however important to note that while past performance is never a guarantee of future results, some pillars make RXS an optimal investment. Real World Asset Tokenization will be the first approach to blockchain which is a different approach considering that the markets have barely witnessed such innovation.
In the market of Solana’s 2021 rally for those who missed it, Rexas Finance is handing out an early bird ticket into the drawing board of the upcoming blockbuster in the cryptocurrency arena. Due to its unique strategy, an increasing number of investors, and present-day price of under $0.10, RXS might be on the way to a big increase very soon.
Conclusion
Even though the market of cryptocurrencies is crowded, volatile, and at times unpredictable, it is now apparent that some projects are bound to develop exponentially. The rapid and unique rise of Solana within a year around the year 2021 of about 10,000% is one of the history books in the space but will not be the last as Rexas Finance (RXS) could be the next altcoin to replicate this price rally.
For more information about Rexas Finance (RXS) visit the links below:
Website: https://rexas.com
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance