Solana (SOL) Skyrocketed 2000% from Its 2022 Lows; Experts Believe This Altcoin Will Replicate the Rally

Many hopes were pinned on the year 2022 for the cryptocurrency market, but it turned as an uneasy year for the cryptocurrency market in general due to the very high volatility characteristic of this market as a result of many shaking events. It is fair to say that this turmoil reached into the clustering force that was the larger cryptocurrency ecosystem, however, perhaps no other platform was more deeply reached than Solana (SOL).

Solana (SOL) 2022 Fall

For Solana, which was often lauded for high speed and low fees, was brutal as the markets collapsed. After the FTX crisis, Solana’s TVL nosedived from over $620 million on 9th November 2022 to just $342 million within 4 days. At the lowest level, the SOL token, which was considered one of the most overheating cryptocurrency assets at a certain period, was trading lower than $20 with many billions cutting off the total market capitalization. Solana lost its place among the top 10 cryptocurrencies and concerns regarding its utility in the future were raised. Following the lows of 2022, SOL exploded in price gaining more than 2000%, one rally that can be likened to the dramatic appreciation in some cryptocurrencies. 

With Solana progressively moving forward, the attention of experts has now shifted to new altcoins that are likely to take off like a rocket. One such contestant is Rexas Finance (RXS) which has been making waves in the last few months.

Rexas Finance: The Next Solana?

While many investors are still inspired by Solana’s exceptional recovery, some want to find the next opportunity. At the moment RXS is completing its presale, and it is doing fairly well, having raised no less than $1.45 million in the stage 2 presale and $0.05 in stage 3. It can be expected that there would be strong demand for such a presale because the investors are becoming increasingly more confident in the prospects of the project.Rexas Finance plans to compete within the blockchain technology space and the nascent market of real-world asset tokenization. The objective of the meeting is the creation of tokens secured by physical assets such as real estate, commodities, and intellectual property, making investments in the market easy, which have been otherwise hard to navigate.According to experts, Rexas Finance is most likely to enjoy similar growth to that of Solana. RXS makes early investors a prime investment as it targets a price escalation of 2000% within this range to 2025. From the current presale price of $0.05 to $0.20 on the listing, the project promises a 4x return to its investors.

Why Rexas Finance Could Replicate Solana Bull Move

The market for tokenized assets is relatively new; however, its growth possibilities in the coming years are very promising. With the advent of proper structures in the technically sophisticated blockchain space alongside its convergence with conventional finance, the urge for real-world asset tokenization is bound to reach new heights. Rexas Finance seems to be positioning itself well within that trajectory, allowing other investors to take part in a game-changing project from its inception. In the latest initiative of the Rexas Finance team, they raised a $1 million award and determined to have 20 winners of $50,000 apiece. The giveaway has already enlisted over 77k participants, which speaks volumes of the interest of the market towards the project. Amid this, with only 129 days remaining, a good number of investors will likely join the bandwagon, increasing the hype for buying RXS tokens.

Conclusion

Solana has made a strong comeback since it recorded a low in 2022, and this suggests that the success of crypto is dependent on the large premises as well. Though the fall of FTX caused temporary immobility on the part of Solana, the edifice has come back with a bang. The persons who endured the brazen volatility of the generation have benefitted enormously.At present, analysts claim that Rexas Finance (RXS) may undergo the same trend. RXS has made headlines as the next generation of asset tokenization as it leads its presale to great success. Rexas Finance is however one project your eyes should be glued on as it sets eyes towards the transformation of the blockchain system.

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