Whale activity seems to start a new price surge as Cardano's 260% gain fades and the price consolidates below $1.20, with over $100 million in ADA in a day. This purposeful action by high-net-worth investors shows bullishness despite market consolidation. Could this start a 400% rally?
ADA Whales Holdings Hits $3.27B
Cardano whales spent roughly $100 million on ADA in just 24 hours in a noteworthy event, according to crypto expert Ali Martinez, who cited Santiment statistics. This takes the total holdings of these investors to an incredible 3.27 billion ADA tokens. Over the last week, these whales have pumped roughly $300 million into ADA, strengthening their positions throughout market downturns. This trend is consistent with the overall whale behavior observed in recent weeks. From $0.50 to $1.32 before leveling off at $1.16 as of this report, ADA has surged 260% in the past month. Whales' accumulation phase shows their conviction in the long-term viability of the initiative, which runs counter to ADA declines of smaller investors.
Is ADA 400% Rally Imminent?
Analyst Lark Davis has highlighted ADA's present resistance levels of $1.20 and $1.60, stating that a break at these levels might spark at least a 400% price surge. Longer-term forecasts indicate that ADA might rise to $4.80, $7.70, or even $10 during the current market cycle, potentially reaching a market valuation of $370 billion. Adding to the euphoria, technical analysis shows that an ascending triangle has formed on ADA's chart—a typical bullish indicator—with a short-term target of $1.50 in the coming weeks. While ADA remains far from its all-time high of $3.16, whale activity during consolidations and profit-taking during surges indicate a planned approach that could fuel a long-term gain. With ADA expected to reach $6 by mid-2025, investors are closely monitoring recent whale movements as a possible precursor to another dramatic price spike.
Rexas Finance (RXS): Is This the Next Big Opportunity?
While Cardano's potential upside garners news, Rexas Finance, an upstart blockchain project, is making waves with its novel approach to real-world asset tokenization. Rexas Finance wants to use blockchain technology to revolutionize asset ownership and management by tokenizing real and digital assets, allowing for fractional ownership and increased liquidity.
Rexas Finance's ambitious ecosystem offers several interesting features. The Rexas Token Builder supports standards, including ERC-20, ERC-721, and ERC-1155, and lets users create digital tokens and NFTs without prior coding experience. It simplifies tokenization for various applications, including loyalty programs and creative projects. Meanwhile, the QuickMint Bot, which integrates with platforms such as Telegram and Discord, allows for fast token production on smartphones, making it accessible to both technical and non-technical users.
The platform also includes Rexas GenAI, an AI-powered NFT creation tool that creates customizable digital artwork, and Rexas Treasury, a multi-chain yield optimizer that automates compounding yields on cryptocurrency deposits across networks such as Ethereum, Binance Smart Chain, and Polygon. Furthermore, Rexas AI Shield provides smart contract security through AI-driven audits and real-time monitoring, while Rexas Launchpad assists blockchain firms with funding, token distribution, and marketing.
The project's potential is further emphasized by its strong presale results. Rexas Finance has successfully concluded its ninth presale round, surpassing its target by raising $28.50 million and selling 347 million tokens. RXS tokens are now priced at $0.15 and are expected to list at $0.20 once the presale ends. Analysts expect RXS to climb dramatically after listing, mimicking the spectacular growth observed in ventures such as Solana, which rallied from under $1 listing price to $259 within a year.
A Certik audit strengthens Rexas Finance's credibility, providing investors with an additional layer of trust. The team intends to list RXS on at least three of the top ten cryptocurrency exchanges, boosting liquidity and market access. The project also runs a $1 million giveaway to increase community engagement, with 20 top winners each set to receive $50,000 worth of RXS. With a market scope that includes real estate, commodities, financial assets, and art, Rexas Finance's tokenization network reaches multitrillion-dollar marketplaces. This makes it a serious competitor in the blockchain scene, as it allows investors to participate in a transforming project with notable upside potential.
Conclusion
A rise in whale activity and bullish Cardano technical signs suggest a massive jump, with a 400% rally to a new all-time high not off the equation. As the bull cycle steams, ADA is among the top-watch cryptos. Similarly, Rexas Finance presents an appealing prospect for investors seeking exposure to a project at the forefront of blockchain innovation. With its user-friendly tools, broad ecosystem, and good presale performance, Rexas Finance is well-positioned to take considerable market share and produce substantial profits in the coming months.
For more information about Rexas Finance (RXS) visit the links below:
Website: https://rexas.com
Win $1 Million Giveaway: https://bit.ly/Rexas1M
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
