Ethereum (ETH) has entered its fourth month of sideways movement, prompting traders and investors to look elsewhere for stronger momentum. While ETH remains dominant in network security and TVL, several altcoins are showing greater price action, user growth, and developer activity. Solana (SOL), Cardano (ADA), and Rexas Finance (RXS) are attracting increasing attention as they outperform Ethereum in short-term momentum and offer compelling setups across both technical charts and on-chain metrics.
Ethereum remains within a tight trading range between $3,200 and $3,600. Although the network retains its role as the core layer of decentralized finance, recent performance has been muted. DeFi volumes are gradually migrating to Layer 2 networks like Arbitrum, Optimism, and Base, reducing demand on Ethereum’s mainnet. Staking activity has plateaued, and investor interest appears to be rotating into faster-moving altcoins. Ethereum’s RSI continues to hover near neutral, while trading volume remains flat. Without a clear breakout above $3,700, ETH may continue to lag. Until then, capital appears to be flowing toward tokens offering better short-term growth potential.
Solana has recovered strongly from its April 7 low of $95, climbing above $133 as of this week. This rally follows a 30% increase in price, driven by rising network activity and meme coin interest. Solana processed over 350 million transactions in the past week, while active addresses rose by 15% to 28 million. However, key resistance at $140 may limit further gains. On-chain data shows over 27 million SOL is concentrated at this level, representing a potential supply wall. Whale activity and profit-taking between $117 and $120 also suggest caution. At the same time, derivatives data shows rising open interest and positive funding rates, pointing to leveraged long positions. If SOL can close above $140, it may target $150 or $160. A drop below $110 would challenge the current trend and could trigger a deeper correction.
Cardano has been steadily on the rise from the $0.50 support level and is now trading above $0.63 and pointing toward $0.68. This could pave the way to $0.85 or higher if all goes as planned. In terms of technical analysis, they remain relatively neutral in the medium term, while the MACD has nevertheless portrayed a bullish divergence since March. The Cardano ecosystem remains active and steadily advancing, with innovations in smart contracts and DeFi utilities. It is still among the busiest chains regarding the number of commits in Github. While it has been slower to adopt than other Layer 1s, its peer-reviewed methodology appeals to long-only investors. Some market gurus have come with the expectation that ADA could get to a value of $2.21 in the year 2025. A breakout would have to come from the increased volume and retail participation, both of which are slowly coming back to the network. For now, ADA is still trading in a rather narrow range but as we can see, it appears to be building up for a move higher.
Rexas Finance (RXS) concerns itself with tokenizing real-world assets, including real estate, IPs, and commodities, through no-code architectures. Its features allow users to enhance and deploy tokens effectively with tools such as the Rexas Token Builder and Launchpad. Rexas Finance is approaching the end of its presale with $47.6 million raised and 92% of tokens sold. The last trade price of the RXS token is $0.20 and the initial listing price is expected to be $0.25 on June 19, 2025. It has also done a security audit from CertiK, which is a great product for early investors and has added transparency.
The staking rewards and the capped supply, combined with the increasing user base, make for a good combination for RXS. There is a $1 million giveaway campaign ongoing and people are already paying attention as the project gets ready for the exchange.
Website: https://rexas.com
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
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