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The cryptocurrency market continues to show strong activity during this altcoin season, with Ripple (XRP) and Cardano (ADA) maintaining dominance. However, Dogecoin (DOGE) and the emerging Rexas Finance (RXS), which has successfully raised $30.3 million, are gaining attention for their growing market performance and promising outlooks.
XRP has risen 13% in the past 24 hours to $2.69, with a weekly increase of 21%. This growth goes parallel with Ripple Company’s RLUSD stablecoin which received the green light from New York authorities. RLUSD transactions use small quantities of XRP, correlate its value to XRP, and generate demand from the markets. Ripple CEO, Brad Garlinghouse, affirmed that RLUSD is now listed on sites such as Uphold, MoonPay, and Bitso. Increased whale traffic has been observed, with more than 830 million XRP bought in the last 24 hours, indicating that investors trust the platform. In terms of trading volume, XRP had an even more impressive average daily trading volume, which increased from $6.8 billion to $17.4 billion, a 156% boost, data from CoinMarketCap shows. Analysts also noted that sustaining investor support prices above $2.52 will propel the shares upward with $5.85 to $8.76 achievable prices soon.
Despite a slight rejection near $2.66, XRP has maintained support above $2.52, with analysts targeting prices of $5.85 and $8.76 if momentum persists. The anticipated approval of XRP exchange-traded funds (ETFs) in the United States could also fuel demand further.
Cardano (ADA) remains a prominent player, gaining over 155% in the past month and trading at $1.02 after a minor 7% correction this week. Analysts forecast ADA reaching $5 by mid-2025, supported by growing adoption and increased total value locked (TVL) on its blockchain. The Cardano network recently surpassed the milestone of 100 million transactions, while its TVL rose to $705 million, up from $230 million a month ago. Fibonacci retracement levels suggest a potential rise to $2.4 in the short term, with an optimistic projection of $8 in the coming months. However, technical indicators point to a need for consolidation before further upward momentum.
Dogecoin (DOGE) is seeking a bullish breakout with its 30-DMA now acting as stronger support at $0.41 while its price is 25% up in a month to $0.40. According to previous data, DOGE is known to have large price movements when it is entering certain zones. However, analysts have found short-term resistance strong at $0.432 and an upward movement targeting $3. Following this, social media trading and a rising trend of using DOGE for payments by more significant outlets have driven the recent performance. The bullish pattern that seems most likely in this chart is the symmetrical triangle, with projections to $2.50 this cycle and $4.20 in the longer term.
Rexas Finance is gradually rising to prominence as an up-and-coming blockchain ecosystem; it sold over $30.3 million in its presale stage 10. The key product developed within the framework of the project is the tokenization of assets, allowing users to purchase stakes in real estate through Rexas Estate. At its current value, RXS has 361,956,000 tokens sold at $0.15 per token; the token is expected to launch at $0.20, a 33% return for current investors.
The platform also has features such as the Rexas Token Builder and Artificial Intelligence NFT solutions, which add to the functionality. It also means that having invested in RXS earlier on, its value could spike to $5 in the long run by 2030 according to analysts’ predictions. The CertiK-audited project has gained substantial user confidence, and, unlike most tokens, it is oriented toward solving problems rather than just being a speculative asset.
Ripple (XRP) and Cardano (ADA) continue to lead during this altcoin season, but Dogecoin (DOGE) and Rexas Finance (RXS) are catching up fast. As these tokens attract both institutional and retail investors, they present compelling opportunities for growth in the evolving cryptocurrency market.
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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