Analyst Who Called Solana’s Bounce from $8 Lows in 2022 Says This SOL Competitor Could Soar 45x by 2025

Due to the increased usage of blockchain, many market players are making extreme forecasts on the potential of different digital assets. Solana (SOL) is one of the tokens that has ranked among the fast risers and laggers and given hope on the whole market to investors. In January 2022 for instance, when the FTX platform collapsed, the price of Solana dropped tremendously after which the lowest price was $8 coming in December. However, a massive surge has once again pushed Solana into the spotlight. Now one of the analysts who was able to correctly dismiss the previous rebound points out that yet another cryptocurrency will achieve unbelievable growth this time by the year 2025 – Rexas Finance (RXS) which is said to be positioned against Ripple (XRP).

The Fall and Rise of Solana

At this point, it is quite essential to make a complex analysis regarding their speculation, and for that matter, tracing Solana’s history is helpful. At the end of 2022, with the collapse of the FTX Exchange, Solana’s future was uncertain. FTX invested a lot into Solana which is why many were asking if the token would be able to recover. Because FTX had a lot of investment into Solana, many asked if the token would bounce back. By December 2022, SOL sunk to $8, raising panic among its investors as it seemed to be on a trend of going down forever.As things always are, the situation did change. Following the slump, in the next several months, Solana was able to record the fastest growth. This turnaround was a result of two key traits. First was the expectation that there would be a general bull run for the crypto markets, and the Solana token with its efficient blockchain and low costs was expected to spearhead this. Second, the performance of some meme-currencies on the Solana network i.e. several blockchain-based tokens brought in a fresh round of retail investors. By the year 2024, the total amount of Solana transactions per day increased and reached $3 billion or more And once again, it re-established itself as a strong player in the crypto sphere.

Rexas Finance (RXS): The Ripple (XRP) Competitor

The analyst who called Solana’s bounce is sure that Rexas Finance (RXS) has massive upside potential given its project which aims to change how assets are held and traded on the blockchain. Rexas Finance’s native token is RXS, an ERC-20 Ethereum token. Similar to Ripple (XRP), which targets cross-border payments and remittances, asset tokenization is the primary focus of Rexas Finance which is a new trend in DeFi.The ongoing presale of RXS which began on September 08, 2024, to the present day has not gone unnoticed. The project raised over $500,000 in its early stages, with the token being sold at $0.04. This early traction is evidence of strong investor interest in the platform’s vision.

Why RXS Could Be the Next Big Thing

Rexas Finance’s (RXS) new analyst estimates raise the potential for the token to grow dramatically to 45x by 2025. This is according to the analyst who saw Solana coming back. There is early development in the area of asset tokenization as RXS seeks to dominate this new arena and market participants are embracing the idea. 

The rising popularity of the blockchain market has increased the interest in the tokenization of real estate, artwork, and other physical valuables. Rexas Finance intends to offer tokenized assets. It is different from Ripple (XRP) as it doesn’t pursue cross-border payments, it aims for asset tokenization which will upend conventional financial mechanisms. Currently, the presale price stands at $0.04 making it highly rewarding for early investors.

Conclusion: Is Rexas Finance the Next Big Bet?

The world of cryptocurrency is known for its high expectations and even higher returns, yet the secret is to always try to find projects that return real results. From this review, Rexas Finance has likely positioned itself well as a growing player in the asset tokenization market, which provides a good way of making investments. 

However, it is worth noting that even at this stage, an analyst who has rightly placed a bet on the bounce of Solana into Rexas Finance (RXS) should be given some attention. Investors who enter early on RXS may be able to enjoy the fruits of investments in 2025. 

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