Stories and Reviews
November 15, 2024

Ripple (XRP) Price Breakout: Can XRP Reach $6 Following U.S. Elections? Rexas Finance (RXS) is Expected to Rise 13880%

Ripple (XRP) Price Breakout: Can XRP Reach $6 Following U.S. Elections? Rexas Finance (RXS) is Expected to Rise 13880%

Rexas Finance (RXS) has witnessed a lot of interest in the crypto market and has managed to collect $6.1 million through its current phase of presale. Acting as an industry leader in the real-world asset tokenization market, the native token REX enables investors to own the tokenized version of real estate, metals, and paintings, among others. This novel form of a blockchain-based platform means to open new markets with low liquidity while offering early investors over 13,880% returns. Bolstered by this momentum, Rexas Finance (RXS) has attracted crypto fans as well as institutions planning on portfolio diversification through tokenization.

However, when it comes to the prices, the Ripple (XRP) has shown a new promising trend among traders and investors. XRP has in particular risen to $0.56 from the recent lows and fundamentals show that the crypto might experience a breakout very soon as long as there are appropriate circumstances created especially in the wake of the new US government.

Ripple (XRP) Anticipates Price Surge with Potential Regulatory Shift

However, the XRP of the Ripple company experienced renewed market attention with analysts voicing their opinions on a possible rocket-high price tag after the US elections. At the current price of around $0.55 per XRP, a break through the $0.60 ceiling may signal a boost to higher ground and the token may touch $6 in the foreseeable future. Ripple markets are bullish for one simple reason: the Trump administration’s expected policies could help take down some regulatory barriers that have been slowing down XRP in recent years. XRP has been affected a lot by Ripple’s continuous legal case with the United States Securities and Exchange Commission. However, recent legal wins obtained in court like the one made in August that saw Ripple’s penalty cut down to 125 million dollars have helped XRP enthusiasts gain confidence. As for the changes in the regulation, Ripple’s CEO Brad Garlinghouse also expressed his desire for a change in the leadership of the SEC so that XRP could become a mainstream means of payment in the world of finance.

Rexas Finance and XRP: Exploring Growth Potential in a Shifting Market

Rexas Finance is already getting popular in the field of asset tokenization, and Ripple waiting for the ban to be lifted soon which will capture the market interest in the coming months. Approval of an XRP spot ETF can also expand Ripple’s position in the cross-border payments sphere by attracting institutional investors. An ETF would enable TradFi traders to invest in regulated XRP, thus increasing its adoption across the financial systems. Rexas Finance’s RXS token which is expected to surge by 13,880%, could also gain from the general growing use of the platform as more investors search for asset-backed tokens. Through the ability to effectively integrate tokenization of valuable and expensive assets, Rexas Finance is targeting a new generation of digital users who have an interest in using blockchain technologies in real estate and commodities and more.

Rexas Finance Revolutionizing Asset Tokenization

In contrast to XRP which faced a lot of regulatory problems, Rexas Finance is at the forefront in the tokenization of assets using blockchain technology. For instance, the Rexas Token Builder enables investors to invest in smaller portions of expensive and hitherto exclusive assets such as real estate. However, it empowers small investors and normal people who are not wealthy to diversify by investing in assets with the potential investment holding period over the long term like real estate. Moreover, this year, Rexas Finance launched such tools as Rexas Treasury, which works on yield optimization, and Rexas DeFi, which broadened the concept of the ecosystem with digital finances. This approach not only serves crypto traders but also targets those who invest in traditional financial assets and look for related blockchain solutions.

Website: https://rexas.com

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

More articles
Gregory Pudovsky
Gregory Pudovsky

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

Hot Stories
Join Our Newsletter.
Latest News

From Ripple to The Big Green DAO: How Cryptocurrency Projects Contribute to Charity

Let's explore initiatives harnessing the potential of digital currencies for charitable causes.

Know More

AlphaFold 3, Med-Gemini, and others: The Way AI Transforms Healthcare in 2024

AI manifests in various ways in healthcare, from uncovering new genetic correlations to empowering robotic surgical systems ...

Know More
Read More
Read more
TONX API Partners with 20 Industry Leaders, Including Blum, Catizen, CoinGecko, and Google Cloud
Stories and Reviews
TONX API Partners with 20 Industry Leaders, Including Blum, Catizen, CoinGecko, and Google Cloud
November 15, 2024
Deep Dive into Bitcoin’s Lightning Network Technology
Stories and Reviews
Deep Dive into Bitcoin’s Lightning Network Technology
November 14, 2024
AI가 투자할 최고의 암호화폐를 선택하는 데 도움을 줄 수 있을까?
Stories and Reviews
AI가 투자할 최고의 암호화폐를 선택하는 데 도움을 줄 수 있을까?
November 13, 2024
These 4 Altcoins Are Primed for a Parabolic Surge in the Coming Bull Run
Stories and Reviews
These 4 Altcoins Are Primed for a Parabolic Surge in the Coming Bull Run
November 13, 2024