Moving further into 2024, there’s a notable change concerning whale activities in the cryptocurrency market. Toncoin (TON), the project that was popular due to being part of The Open Network, is currently in consolidation, trading at $5.57. Although Toncoin has been successful and whales have begun to pour in positive feedback due to the token’s scalability and easy operational model, the markets are drifting towards two newer tokens that are expected to go further in terms of value – Solana (SOL) and Rexas Finance (RXS).

Toncoin & The Rising Market of Decentralized Finance

Toncoin’s period of trading and contraction has been characterized by an increase in whale activity. The project’s core features include fast, safe transactions and a ready-to-use decentralized platform supporting dApps. Originally envisioned as a Telegram creation before transforming into a community-based initiative, it is estimated that The Open Network (TON) is geared towards aspiring to serve as a blockchain for decentralized finance (DeFi) payment and gaming applications.Nonetheless, even though the coin has been performing well, at $5.57, Toncoin’s price suggests the project is maturing and not in rapid growth phases. Experts suggest this consolidation phase could soon be followed by a whale accumulation-led upward thrust. It is typical for large investors to stockpile during consolidation, waiting for some price break when the accumulation phase is over.

Toncoin has already recorded 376% growth in large transactions, which means that whales have confidence in the long-term prospects of the project. Nonetheless, even though Toncoin is currently in a consolidation phase that offers moderate potential growth, those seeking maximum returns within the shortest period are repositioning themselves towards Solana and Rexas Finance for better returns during the next bull market.

Solana (SOL): The Speedy Blockchain Preference of the Whales

Those looking to invest in quickly expanding blockchain technology have come across Solana (SOL) quite some time ago, with developers preferring to use it due to the high throughput offered at a low price. This is also where most of the limitations of Solana reside – its primary attraction is the high speed, with the blockchain dispatching about 65k transactions per second. It has been a predominant focus for developing scalable performance that has enabled the building of decentralized applications, DeFi protocols, as well as NFT markets.For the time being, Solana is trading in the region of $143, which to some extent has been stable as opposed to some of its earlier, more volatile days. However, some analysts hold a contrary opinion and opine that there is a possibility of a bull run for Solana, especially in the next market rally, should it be able to solve its technical issues and onboard more developers into its ecosystem.

Rexas Finance (RXS): Changing the Game in Real-World Assets Tokenization

Given that Toncoin and Solana whales are experiencing steady interest, it is emerging that Rexas Finance (RXS) is the most intriguing option in the market. Currently in Stage 3 of its presale, priced at $0.05.  Rexas Finance has already raised over $1.25 million, with presale showing impressive support from retail and institutional investors. The unique positioning of Rexas Finance that attracts most investors is its RWAs (Real World Assets) tokenization strategy, which enables users to mint tokens backed by the value of tangible goods like property, artworks, and even commodities, making otherwise idle assets available for common investors.

In addition, Rexas Finance also incorporates AI-based and DeFi approaches, as well as a token builder into the project in the simplest way possible. In this way, it is a complete asset management ecosystem on the blockchain. Analysts estimate an upward swing of RXS to $20 by 2025, which would yield a gross return of 15x for early investors. This is what has excited the whales toward the project and explains why Rexas Finance is at the forefront among emerging tokenization projects.

Why are Whales Going For Rexas Finance and Solana

The whale activities centered on Rexas Finance and Solana are consistent with the strategic repositioning among crypto equity investors, who are ensuring steady performances by allocating their cash to both mature projects and nascent platforms. For whales who are in search of low-risk investments with consistent long-term upside in DeFi and NFTs, Solana provides all the advantages with its proven scalability and huge developer community.At the same time, however, Rexas Finance is a classic example of a venture aiming at the tokenization of the real economy but with a high-risk, high-return level. Its disruptive business model, coupled with diverse industries, makes this project appealing for investors who wish to ride the next wave of the bull market for maximum returns.Whales will benefit strategically by venturing into these two platforms rather than putting all their eggs in one basket, with their different profiles encompassing Web3, DeFi, and asset tokenization.

Conclusion: The Future Self of Whales’ Bets

Now that Toncoin stabilizes, whales are increasing their risk appetites, leaning toward underperforming but high-growth opportunities, for instance, Solana and Rexas Finance. While Toncoin provides stability and technology, investors will likely look at Solana in the long term, thanks to its scalability and favorable environment for developers. But for investors looking for explosive gains, Rexas Finance is coming through as the best alternative provider with its revolutionary asset tokenization platform, which has opened up new investment avenues in previously illiquid assets.

Whales have fixed interests in both Solana and Rexas Finance, indicating that these tokens will realize significant market appreciation during the upcoming market upswing. For those investors who hope to ride the coming wave of DeFi, Web3, and real-world asset tokenization, these tokens should be on most of their radar screens.

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

The post Toncoin (TON) Consolidates, While Giant Whales Show Interest in Solana (SOL) and Rexas Finance (RXS) appeared first on Blockonomi.