The XRP price is currently facing immense selling pressure, which has dragged the levels below $2.2 during the early trading hours. The token broke the key support levels and validated a continuation of a bearish pattern with the volume soaring above $2 billion, which suggests the traders could have jumped in to exit their positions. But what compelled them to do so?
Ripple’s XRP price has been influenced by multiple factors related to fundamentals and technical factors. The platform recently integrated with traditional finance rather than replacing it fully. On the other hand, Ripple took a different course and unlocked 1B XRP from the escrow amid the ETF buzz.
Unlocking a billion XRP adds a near-term supply risk, but the real impact hinges on whether it enters the open market. Hence, the XRP unlock cycle is sending mixed signals as Ripple broke their routine with a massive internal shuffle and locked most tokens back into an escrow account. So what’s next? How will the XRP price reach $5 as predicted?
The XRP price tested the upper resistance of a textbook weekly symmetrical triangle after months of consolidation. The token is trading within a bullish continuation setup and nearing a breakout zone. As the XRP price remains within an extended bear market accumulation from the 2022 lows to the last weeks of 2024. Therefore, once the price breaches the resistance of the pennant, the token may rise by nearly 500%, similar to the pole of the bull flag and rise above $4.5 and may probably reach $5.
Vietnam has legalized cryptocurrencies via the passage of a new bill into law in a bold embrace of digitization. Apart from giving the nod to Bitcoin, the new law will lay the foundation for digital innovation across the Southeast Asian country. Vietnam Recognizes Bitcoin In Historic Move The National Assembly of Vietnam has passed the
Bitcoin remains strong in the market and institutional interest as Ethereum keeps rising which strengthens the cryptocurrency industry potential. These developments are setting the stage for a potential market rally. Ethereum-based projects could benefit, and one ERC-20 altcoin under $0.30 is gaining attention. Rexas Finance (RXS), a token focused on real-world asset tokenization, may rise if Bitcoin and Ethereum prices continue upward.
Bitcoin and Ethereum Fuel Institutional Confidence
Bitcoin continues to hold a dominant position in the crypto market. It has remained above key support levels as more institutions recognize it as a digital store of value. The asset’s limited supply of 21 million coins has attracted long-term holders and hedge funds seeking a hedge against inflation. Ethereum is also gaining traction among large financial firms. BlackRock’s recent launch of its Ethereum-based BUIDL fund and its reported holdings of over 1.1 billion ETH have increased confidence in Ethereum’s role in blockchain finance. Analysts suggest Ethereum could reach $9,000 or more, especially if spot Ether ETFs are approved.
Rexas Finance (RXS) Sees Growth Ahead of Launch
Rexas Finance is built on Ethereum and aims to bring real-world assets onto the blockchain. Real estate along with gold and intellectual property are turnable into digital tokens through tokenization and trading on the blockchain platform. This model increases access to traditionally hard-to-reach investment sectors.
Milestone Alert!
Rexas Finance has successfully raised $47.6 Million!
The RXS token is currently priced at $0.20 in the final presale stage. It is expected to launch at $0.25 on June 19, 2025. Over 458 million tokens have been sold during the presale, raising more than $47 million from individual investors. The project has not taken venture capital funding, which helps maintain community control.
Security, Utility, and Exchange Plans Build Trust
Rexas Finance implements various measures to boost its reputation position. The platform has completed a Certik audit, which confirms that its smart contracts meet strong security standards. The platform appears on two prominent exchanges CoinMarketCap and CoinGecko because such listings provide better transparency to investors who wish to track transactions.
The platform offers tools such as the Token Builder and QuickMint Bot. These allow users to create asset-backed tokens without coding knowledge. The ecosystem also includes AI Shield, which uses artificial intelligence to monitor contracts and detect possible risks or fraud. These features are designed to improve safety and simplify use.
Deflationary Model and Presale Activity Support Momentum
RXS follows a deflationary token model, which may reduce the total supply over time. This could support long-term value as demand increases. The final presale phase offers the token at a lower price before its launch on three confirmed cryptocurrency exchanges.
More than 455 million tokens were purchased during the presale stages. A $1 million giveaway campaign is also underway, which includes rewards for 20 winners. One investor reportedly bought 500,000 RXS tokens, equal to $100,000, during this period. This signals growing interest from larger investors in the token’s potential.
Conclusion
An upward market trend might emerge because Bitcoin maintains its performance stability while Ethereum attracts more institutional investors. Ethereum-based tokens like Rexas Finance (RXS) are positioned to gain attention as blockchain adoption grows. With a token price below $0.30, security audits, and upcoming exchange listings, RXS is one altcoin to monitor closely as the market prepares for its next upward move.
The post Bitcoin (BTC) and Ethereum’s (ETH) Next Jump Could Drive a Strong Rally for This Altcoin Below $0.30 appeared first on Coinpedia Fintech News
Bitcoin remains strong in the market and institutional interest as Ethereum keeps rising which strengthens the cryptocurrency industry potential. These developments are setting the stage for a potential market rally. Ethereum-based projects could benefit, and one ERC-20 altcoin under $0.30 is gaining attention. Rexas Finance (RXS), a token focused on real-world asset tokenization, may rise …
Tether announced plans to launch a new stablecoin product in the United States as early as the end of 2025 or early 2026. The timeline depends on how quickly the U.S. Congress moves forward with stablecoin legislation. Tether emphasized that regulatory clarity will be key to the rollout. CEO Paolo Ardoino also highlighted that USDT, Tether’s existing stablecoin, has become one of the most successful financial products globally and a strong export from the United States.
The post Tether Targets U.S. Stablecoin Launch, Awaits Regulatory Clarity appeared first on Coinpedia Fintech News
Tether announced plans to launch a new stablecoin product in the United States as early as the end of 2025 or early 2026. The timeline depends on how quickly the U.S. Congress moves forward with stablecoin legislation. Tether emphasized that regulatory clarity will be key to the rollout. CEO Paolo Ardoino also highlighted that USDT, …