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Solana eyes higher gains but faces stiff resistance, while Rexas Finance’s presale captures widespread attention.
Strong resistance at important price points has prevented Solana (SOL) from achieving a continuous climb. The token has been battling to recapture its optimistic momentum. With slow on-chain activity and diminishing whale accumulation, observers wonder if Solana can overcome its present challenges — or if further downside lies ahead.
Amid SOL’s difficulties, another altcoin has been capturing the spotlight: Rexas Finance (RXS). This trending token is joining the real-world asset (RWA) tokenization niche as experts tag it the next big thing in the crypto space.
Solana struggles to hold above $140
Solana’s price has been under pressure, plunging from $180 in February to current levels below $140. Data shows that Solana’s network fees have dropped 73% in the last month, indicating fewer on-chain activities.
The futures market presents a similar picture. SOL perpetual futures funding rates have been negative for three days, showing that short sellers are paying to keep their positions — a sign of low demand for leveraged longs. Worryingly, whale accumulation has stalled. The number of Solana wallets with at least 10,000 SOL decreased from 5,053 to 5,023, indicating that some major investors may be taking profits or lowering exposure.
While some traders anticipate the introduction of a Solana spot ETF in the United States will act as a catalyst for a significant surge, Solana’s ability to overcome its $155 resistance level remains uncertain.
Rexas Finance presale dominates crypto talk with $47m raised
Rexas Finance is seeing an unprecedented presale spike, bringing the total amount raised to $47 million. As of this report, the RXS presale is in its final stage (Stage 12), with 91% of the allocated tokens already sold. As the launch approaches, investors are hurrying to secure their share.
The presale momentum shows investor trust in Rexas Finance’s tokenized real-world asset (RWA) ecosystem. This ecosystem lets users invest in high-value assets like real estate, commodities, and art, fractionalizing them for affordability. Thanks to its accessibility, Rexas Finance has surpassed 50,000 active users, a crucial step toward RWA tokenization market dominance.
Rexas Finance use cases extend beyond tokenization. The project incorporates a range of DeFi services, including staking, yield farming, and liquidity pooling. This ensures users can earn passively from their holdings. Startup founders also have a fundraising platform in Rexas Launchpad. This tool connects founders, removing the traditional seeding hassles.
Rexas Finance has completed a Certik audit, ensuring its smart contracts are secure, durable, and fault-free, attracting long-term investors. To increase interaction, Rexas Finance is conducting a $1 million giveaway, with the top 20 participants receiving $50,000 in RXS. For holders, this offer allows for early profits and strengthens the Rexas Finance community, ensuring long-term ecosystem stability.
Rexas Finance’s next milestone is the formal exchange debut on June 19, 2025. The project plans to list on at least three of the top ten global cryptocurrency exchanges, which will improve liquidity, reach, and demand, potentially resulting in RXS token appreciation.
The official listing price is $0.25, which positions early presale buyers for immediate gains. Experts foresee a 100,000% post-launch rise, spurred by improved liquidity and new market investors. This makes Rexas Finance one of the most anticipated listings.
Conclusion
Solana remains locked below $140, facing critical resistance levels with limited on-chain activity and slowing whale accumulation. While a breakout is probable, SOL’s upward trend remains to be seen.
Meanwhile, with a record-breaking presale, a safe Certik audit, a $1 million prize, and an upcoming exchange listing, investors are flocking into the Rexas Finance before the final presale allocations run out.
For more information about Rexas Finance, visit the website, giveaway, X, or Telegram.
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