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Cardano and Ripple have had a notable run in recent weeks, and they are looking set to break their all-time highs. Still, delays in their price advancement have shifted investor attention to rising stars such as Polygon (POL).

Meanwhile, Rexas Finance (RXS), a new cryptocurrency project, is garnering attention due to its remarkable presale success and positioning itself as the next big thing in asset tokenization.

Both Cardano (ADA) and Ripple (XRP) have had bullish outlooks, particularly following recent price increases, although their ability to achieve new all-time highs appears to be on hold.

Cardano (ADA) increased by 140% in November, owing primarily to euphoria around the US presidential election, with hopes of crypto-friendly legislation if Donald Trump is reelected.

However, ADA faces potential downside risks as it approaches the pinnacle of a rising wedge pattern on its chart.

This technical configuration frequently indicates a breakdown, with analysts predicting ADA might fall to as low as $0.513 by December, wiping out a significant amount of its recent gains.

The 35% decline might be compounded by falling volumes and a bearish divergence in the RSI, indicating upward momentum waning.

Ripple (XRP) has likewise struggled to maintain pace since surpassing the $2.10 resistance level.

While the coin has been consolidating, experts are concerned about its potential to surpass prior highs without strong catalysts.

A correction phase, similar to prior trends, could see XRP retrace lower before making another attempt to regain its former milestone.

The market’s focus has been diverted by fresh initiatives like Rexas Finance, postponing XRP’s chase of new highs shortly.

Rexas Finance (RXS) is silently turning out to be the next big project in the crypto market amid the uproar about ADA and XRP.

Rexas Finance stands out from other projects in that it approaches real-world asset (RWA) tokenization, which offers formerly closed access to a vast spectrum of asset classes behind major financial constraints.

Blockchain technology allows Rexas Finance to tokenize physical and intangible assets, enabling their acquisition, sale, and trading as digital commodities.

In barely three months, Rexas Finance has achieved significant milestones.

The presale is currently in Stage 9, with RXS tokens priced at $0.125, and has already raised more than $20.75 million through the sale of 290 million RXS tokens.

The presale has moved fast, replicating the success of previous phases, which witnessed a 250% price increase from the initial price of $0.03.

The project’s run indicates sustained interest and growth from early investors.

Rexas Finance is more accessible and community-driven.

It decided to forsake usual venture capital funding in favor of a public presale.

By keeping its tokenomics transparent and community-focused, Rexas Finance wants to scale swiftly and promote wider platform adoption.

Rexas Finance plans to launch on at least three of the world’s top ten exchanges, further cementing its position in the cryptocurrency market.

CoinMarketCap and CoinGecko have already listed the project, allowing investors to obtain data on RXS coin performance easily. 

Furthermore, Rexas Finance underwent a Certik audit, an important step toward ensuring the platform’s security and resilience, and it passed the audit.

Certik is well-known for offering high-level blockchain security assessments, and its certification lends legitimacy to the project by ensuring investors that the network follows strict security rules.

The incentives to invest in Rexas Finance are difficult to ignore.

The project currently hosts a $1 giveaway in which 20 participants will each receive $50,000 worth of RXS tokens.

This method encourages participation and increases awareness of the initiative as more individuals attend the presale.

Analysts predict a 100x rise from Rexas Finance’s listing price of $0.20 upon its planned listing on major exchanges.

This explains why bulls ditch Cardano and Ripple for Rexas Finance in the ongoing bull cycle. 

Polygon (POL) has seen a surge in whale activity, with token transactions reaching more than 59 million in just 48 hours.

This increase comes as the network’s Total Value Locked (TVL) has risen above $1 billion after a drop earlier this year.

This purchase binge reflects renewed confidence in Polygon, with Layer 2 scaling solutions drawing developers and institutional interest, preparing the ecosystem for future growth.

As of this writing, POL is trading in a crucial consolidation range of $0.58 and $0.62.

A break above $0.60 might set the stage for a surge to $0.75 and possibly $1.50. Whale activity shows that POL may continue to grow as Polygon’s ecology expands and matures.

While ADA and XRP are experiencing delays in hitting all-time highs, Polygon and Rexas Finance (RXS) are on track for huge growth, with massive bull actions in recent weeks.

As Rexas Finance gains traction, it is unquestionably one of the most promising projects in the cryptocurrency market. Investors should consider seizing the chance before the official launch, as the project is ready for a significant breakout.

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

The post Cardano (ADA), Ripple (XRP) new all-time highs delayed as crypto bulls get distracted by Polygon (POL) and another coin racing toward $1 appeared first on Invezz

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