Amid the ongoing price decline, Shiba Inu (SHIB), the popular and second-largest meme coin, has seen a rise in its token burn rate and is now gaining significant attention from crypto enthusiasts.
SHIB Burn Rate Jumps By 640%
Today, a blockchain-based Shiba Inu SHIB token burn tracker posted on X (formerly Twitter) that the Shiba Inu community has witnessed a 640% surge in the token burn rate in the past 24 hours.
The post on X further added that during this period, the community burned a total of 15,493,929 SHIB tokens. However, it also mentioned that a significant 541,922,921 SHIB tokens have been burned in the past seven days, marking a 622% increase.
Current Price Momentum
Despite the rise in token burning, the ongoing bearish market sentiment has sparked hopes of a price recovery. In the crypto industry, when a token or asset is burned from the total supply, it is considered a positive and bullish sign.
However, despite this, SHIB has recorded a 5% price drop in the past 24 hours and is currently trading near $0.0000124. Additionally, during the same period, its trading volume declined by 37%, indicating lower participation from traders and investors compared to the previous day.
Shiba Inu (SHIB) Technical Analysis and Upcoming Levels
With this recent price drop, the meme coin has reached a crucial support level, which it has been testing since March 9, 2025, along the ascending trendline.
Additionally, SHIB’s four-hour chart shows that the meme coin has been forming lower highs and lower lows since February 2025. During this period, SHIB found support at the ascending trendline but later broke down and declined. Since then, it has continued following the same pattern.
Source: Trading View
Based on historical patterns and recent price action, if the meme coin falls and closes below the $0.00001215 level, there is a strong possibility it could drop by 10% to reach the $0.0000111 level in the coming days.
On the other hand, if this pattern fails, there is a strong chance that the price will soar, leading to a potential reversal.
Recently, Solana’s price slipped below the $130 support level, worrying a good share of investors and market observers alike. This drop comes against massive transfers associated with FTX and Alameda Research wallets. Despite improving broader market conditions, such as the cooling inflation trend signaled by the latest U.S. CPI and PPI data, Solana’s potential for a price rebound appears limited.
However, a strong newcomer is beginning to take the front stage within the constantly shifting industry: Rexas Finance (RXS). Priced at just $0.20 and set to launch at $0.25, RXS is now being hailed as the next breakout altcoin—one that might multiply a $500 investment into over $21,000, a possible 42x gain, all while Solana moves onward in its post-peak trajectory.
Solana’s Slowing Momentum
The price of Solana continues to be under pressure. After a brief recovery to the $131 mark, the Sol price was dramatically reversed due to bearish pressure. Recently, the Solana price has fallen further and is now trading below the $125 support zone, which has now flipped into a key level regarding future price movement. As per some analysts’ predictions, an Elliott Wave pattern may be forming, indicating a potential reversal at $112.
According to TA, if the price of Solana fails to hold support in this proximity, there is a growing likelihood of further downward movement. Solana may still develop, but its course seems more steady than explosive. Rexas Finance fills in here with buzz and a complete ecosystem ready to upset many sectors in decentralized finance.
Rexas Finance (RXS): A $0.20 Giant in the Making
Rexas Finance arrived to rule rather than merely show up to participate. Rexas is linking the traditional and decentralized finance worlds in a way very few companies have accomplished, with an ambitious goal to change how real-world assets (RWAs) interact with blockchain.
It is a toolset, a launchpad, and a whole DeFi ecosystem, not only a token. Retail and institutional users can start tokens and mint assets and bring real-world objects such as real estate, commodities, and intellectual property on-chain from the Rexas Launchpad, Token Builder, and QuickMINT Bot. Most coins promise utility “someday,” but Rexas already proves value long before its formal release.
Rexas stands out not only for its high aspirations but also for its rapid execution. Starting at just $0.03, the presale has jumped more than six times to reach its final stage price of $0.20. More than 458.8 million tokens have already been sold, and $47.7 million has been raised thus far. This is investor conviction on full display. While presales may inspire mistrust, Rexas Finance passed its Certik assessment, the highest standard for smart contract security. Already registered on CoinMarketCap and CoinGecko, it provides openness and accessibility even before its June 19, 2025, release—when it will first show up on exchanges at a listing price of $0.25.
The 42x Math and Realistic Potential
A $500 investment gets 2,500 RXS tokens at $0.20 per token. Given its foundations and present buzz, if Rexas reaches $8.40—a reasonable price—that $500 leaps into $21,000. That is a 42x return without depending just on buzz. And concerning the long run? Echoing how early Ethereum or Solana ascended from cents to hundreds, more significant gains could be in play if RXS reaches its predicted multi-dollar targets by 2026. Still, the improvements are astounding relative to Solana’s already inflated position, even in a cautious $5–$10 range.
Conclusion
Solana is still a mainstay in the crypto scene, but its opportunity for life-changing profits is closing. Rexas Finance is only getting started in the meantime. RXS is primed to be among the most explosive prospects of 2025, with excellent presale traction, actual utility, and a scalable ambition.
Should history repeat itself—and crypto cycles suggest it often does—the real millionaires of this cycle will be those supporting tomorrow’s leaders today rather than those clutching yesterday’s victors. Should Rexas Finance perform on even a quarter of its promise, a meager $500 investment might be remembered as the best choice of the decade.
For more information about Rexas Finance (RXS) visit the links below:
The post Solana (SOL) Price Forecast: This Token Will 42x Your $500 While SOL Lags appeared first on Coinpedia Fintech News
Recently, Solana’s price slipped below the $130 support level, worrying a good share of investors and market observers alike. This drop comes against massive transfers associated with FTX and Alameda Research wallets. Despite improving broader market conditions, such as the cooling inflation trend signaled by the latest U.S. CPI and PPI data, Solana’s potential for …
