Upbit has announced that it will suspend Synthetix (SNX) deposits starting from April 24 at 15:00 KST. This action comes after the sUSD stablecoin failed to maintain its peg to 1 USD, causing significant volatility in the SNX token. The Digital Asset eXchange Alliance (DAXA) has also flagged SNX as an “investment warning asset,” signaling potential risks for investors. The suspension aims to protect users amid these concerns.
Cryptocurrency markets are showing signs of moving forward in 2025, and Cardano is trying to get back on its feet with more people paying attention to it from a technical point of view. On the same note, Rexas Finance (RXS), which claims to be the largest real-world asset tokenization platform, seems to be coming into the limelight for its projected 18900% surge. This article discusses ADA’s outlook and goes over why Rexas Finance is considered one of the upcoming altcoins in the current bull cycle.
Cardano is still garnering interest as a leading Layer-1 blockchain solution. ADA currently stands at $0.615 as of April 17, 2025, meaning it has gained little daily movement but has been in a slight weekly decline. Even though there had been some fluctuations in the stock prices recently, analysts are still optimistic. From the technical perspective, trends highlight Cup-and-Handle formation on two technical indicators. This pattern usually implies a continuation of the trajectory in the higher levels in case of support levels are retained.
Currently, the 100-week Exponential Moving Average can be considered as a support level and prevent the decline anymore. However, Cardano is still a rather emerging ecosystem, having the total value locked in the amount of about $300 million. This has caused discussion among the investors about the level of interaction and deployment of dApps by the developers. Still, new applications such as the BitcoinOS, which is yet to be implemented, could help boost more users and hence demand.
Rexas Finance Emerges as a Promising ADA Alternative
As ADA bounces back, Rexas Finance (RXS) is slowly establishing itself as a formidable player in the altcoin market. It is a platform for the tokenization of the identification of real-world assets (RWAs), such as real estate, arts, or commodities. It also has its tools, such as the Rexas Token Builder and Rexas Estate, where users can tokenize physical assets while using blockchain technology.
As of now, RXS is currently in PRESALE Stage 12, with the funds raised slightly over $47.6million and more than 461 million tokens sold. It has an almost six-fold increase during the presale and intends to list at $0.25 upon its launch. Based on market momentum, token utility, and innovative exchange listings, experts anticipate an 18900% upside potential in trading prospects.
Milestone Alert!
Rexas Finance has successfully raised $47.6 Million!
With the ever expanding RWA market, which is expected to grow to $16 trillion by 2030, Rexas Finance connects with both retail and institutional agents. Its tokenization strategy is about making it easy to invest in global assets through the use of tokens that are fractions.
Adoption and Innovation Drive Future Growth for Cardano and Rexas Finance
Cardano’s long-term viability and sustainability are still heavily reliant on the growth of its ecosystem and the expansion of its user base. While it is firmly grounded in research, ADA requires more developer participation and practical applications to maintain its utility. Digital identity and DeFi in the regions which are still untapped represent one of the biggest opportunities for the platform.
New additions like zero-knowledge proofs and cross-chain services likely to introduce new competitors in Layer-1 solution, price prediction ADA Cardano estimate to reach between $1.20 and $3.15 in 2025. Moreover, Rexas Finance will launch on June 19 and enable users to work in seven spaces namely, DeFi, GenAI, and Launchpad with cross-chain capabilities. Now, with CertiK as its auditor and allowed token distribution for presale is 80 % while 20 % for staking, Rexas aims to solve real-world asset problems with safe and backed solutions.
The post Cardano Price Forecast and Hot New ADA Alternative Making Headlines with an 18900% Rally Forecast appeared first on Coinpedia Fintech News
Cryptocurrency markets are showing signs of moving forward in 2025, and Cardano is trying to get back on its feet with more people paying attention to it from a technical point of view. On the same note, Rexas Finance (RXS), which claims to be the largest real-world asset tokenization platform, seems to be coming into …
The crypto market is consolidating after a strong rally earlier this week, with Bitcoin holding above $94,000.
Although some altcoins experienced a pullback during the market-wide corrections, Dogecoin, Solana and ONDO have stood out with impressive gains. DOGE is up over 3%, while SOL and ONDO are up over 3% and 11% respectively. XRP and ADA have also posted gains of over 6% and 16%, respectively, over the past week, showing strong potential.
Analyst Ash crypto believes that an altcoin season is coming, citing several key indicators. In his latest analysis, he said that the altcoin market cap is bouncing back from the $835 billion support level, like it did in Q1 and Q4 of November, likely setting the stage for another rally.
Historical data shows that similar market set ups in March and November 2024 have led to successful altcoin seasons. This could mean that the Q2 2025 could be a promising period for altcoins.
WHY I BELIEVE ALTCOIN SEASON IS HAPPENING SOON?
– Altcoin market cap is bouncing off $835B support, like in Q1 & Q4 2024.
– We’ve seen 2 altseasons from similar setups (March & Nov 2024).
Furthermore, altcoins outside the top 10 are currently leading the charge, a trend seen in previous rallies. The macroeconomic sentiments are further supporting the bullish outlook. The three month tariff pause and the ongoing negotiations are making room for growth.
With the Quantitative Tightening (QT) easing, there could be potential Fed rate cuts that could fuel altcoin growth. Besides, multiple altcoin ETFs have been filed and the approvals could further boost altcoins.
Analyst Michaël van de Poppe also shared that crypto just had its longest bear market, and now a huge bull run is likely starting, with altcoins set for massive gains.
The CMC Altcoin Season Index is currently at 15 which shows that Bitcoin is still dominating the market with 63.5% of the market share. The crypto fear and greed index currently stands at 52, signaling a neutral sentiment among investors.
The post Here’s When Altcoins Like XRP, ADA and DOGE Will Rally appeared first on Coinpedia Fintech News
The crypto market is consolidating after a strong rally earlier this week, with Bitcoin holding above $94,000. Although some altcoins experienced a pullback during the market-wide corrections, Dogecoin, Solana and ONDO have stood out with impressive gains. DOGE is up over 3%, while SOL and ONDO are up over 3% and 11% respectively. XRP and …
Trump Media has joined forces with popular crypto exchange Crypto.com to launch new exchange-traded funds (ETFs) focused on Bitcoin and crypto assets. The agreement marks a major step into the financial markets for Trump Media, signaling growing interest in digital assets from mainstream players. The partnership aims to make crypto investing more accessible and trusted through regulated ETF products. It’s a clear sign that crypto continues to move closer to the financial mainstream.
The post Trump Media Teams Up with Crypto.com for ETF Push appeared first on Coinpedia Fintech News
Trump Media has joined forces with popular crypto exchange Crypto.com to launch new exchange-traded funds (ETFs) focused on Bitcoin and crypto assets. The agreement marks a major step into the financial markets for Trump Media, signaling growing interest in digital assets from mainstream players. The partnership aims to make crypto investing more accessible and trusted …
Milestone Alert! 
