Logo
Cardano Ecosystem

Finbold

10/06/2024

·

72 views


This Cardano Rival, Priced Below $0.10, Has the Potential to Overtake ADA’s Market Cap in 2025

DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold's editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your...

This Cardano Rival, Priced Below $0.10, Has the Potential to Overtake ADA’s Market Cap in 2025

DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold's editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your entire investment. For a full disclaimer, please click here.

At the moment, Cardano’s (ADA) price is at $0.397 and its trading volume for the last 24 hours is $226.19 million. The price has declined by -0.84% in the past 24 hours. Approximately $14.18 Billion is Cardano’s Market Capitalization and its Circulating Supply is 35.69 Billion. But, even though Cardano has large market shares, it is still in danger as it will most likely face fierce competition very soon.  A new development called Rexas has emerged as a competitor to Cardano as it is anticipated to surpass the capital of ADA by 2025. Currently selling for less than $0.10, Rexas Finance is a visionary initiative that aims to change the way digital assets are handled allowing first-of-its-kind investors to position themselves at the foot of possibly the next big thing in blockchain.

Understanding Rexas Finance (RXS) and Its Ambitions

Rexas Finance (RXS) focuses on creating liquidity in assets through the tokenization of assets. This platform wants to simplify everything so that users from any walk of life can be able to tokenize different assets from real estate, commodities, and even intangible and digital assets as easily as possible. This accessibility may very well be the most important factor that RXS will be able to gain a lot of traction – including penetration beyond the typical and experienced investors to individuals and firms that may not have entered the blockchain space before.

Ongoing Presale Momentum

Rexas Finance is gaining great attention, and one would be hard-pressed to ignore its effective presale stages. The first presale stage made available only 15,000,000 RXS tokens at $0.03 since the total amount issued is 425,000,000 RXS tokens. As the initial phase raised $450,000, strong sentiments were seen toward the project. The second presale stage saw even more demand, by creating 20,000,000 tokens at $0.04 increased by $1,250,000 much quicker than expected. Presently, Rexas Finance is in the third presale stage costing $0.05 per token making it even more competitive.  These results from early funding rounds indicate that investors have a favourable perception of the growth prospects for this project. RXS presale may further increase in price as the third phase moves forward and may command even more valuations once the reverse is true regarding supply and demand.

Why RXS Could Surpass ADA by 2025

While considering the prospects of Rexas Finance surpassing the market cap of Cardano, the various factors including the growth potential of the tokenized asset market and the market scenarios of the Cardano ecosystem need to be factored in. Given its focus on the three aspects of scalability, security, and decentralization, Cardano has been able to gain a spot among the dominant players within the blockchain space. Nevertheless, the platform was dragged by some critics on slow progress in adding new features and responsive upgrades. On the other hand, Rexas Finance is well-placed to take advantage of the ever-increasing tokenization market. It is expected the market will increase in size several fold in the coming years. The RXS token’s worth will also grow with increased utilization as long as the tokenization of real-world assets and bringing them on the blockchain is successfully done. Moreover, with its sane design and unique functions, Rexas Finance is likely to penetrate larger audiences compared to Cardano whose degree of technicality is a drawback to some users.

The Role of Early Adopters and Community Support

The community of any cryptocurrency project forms one of the most important determinants of its success. Rexas Finance has been performing community building, as shown by the huge interest and participation in the presale stages and the increasing use of the platform. To boost the interest even further, Rexas Finance is now running a contest worth a million dollars which will be given to 20 participants, with only 124 more days to go in the contest. This kind of reward campaign serves the dual purpose of not only increasing awareness of the platform but also rewarding its users. 

Conclusion

Considering the evolution of asset tokenization, easy-to-use applications, and presale momentum, Rexas Finance can not only compete with Cardano but could take its place even in 2025. Since the market for owning tokenized assets is on its boom and RXS is gaining momentum with each presale stage, this new kid-on-the-block altcoin could be one to look out for in the future.

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

AD

SNEKbot by DexHunter on CARDANO

Cardano's Telegram Trading Bot live on Cardano mainnet!TRADE NOW!


Read Original Article on Finbold

ORIGINAL SOURCE

https://finbold.com/this-cardano-rival-p...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


An image that says Learn Blockchain technology and get ahead in the industry with a link to the Cardano Academy.

More from Finbold

See more
Cardano (ADA) And Dogecoin (DOGE) Struggle To Keep Up With WallitIQ’s (WLTQ) 91,200% ROI Potential By Q1 2025
Finbold
Cardano (ADA) And Dogecoin (DOGE) Struggle To Keep Up With WallitIQ’s (WLTQ) 91,200% ROI Potential By Q1 2025

yesterday at 1:42 PM

·

4 views

Related News

See more

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)