The cryptocurrency market is anything but quiet, with constant developments keeping everyone on their toes. Recently, exciting news has emerged for major players like Ripple (XRP), Ethereum (ETH), and a new player, Rexas Finance (RXS). Some experts believe Ripple is on the verge of a potential ETF launch, while Ethereum continues its rollercoaster ride, eyeing the $4,100 mark. Meanwhile, Rexas Finance is stealing the show with its potential to disrupt traditional real estate and real-world asset (RWA) investments. Let’s dive into the opportunities and challenges these three projects face.
Is there a possibility that ripple (XRP) will get an ETF?
And so the whispers begin, and the Ripple community is restless thinking: Will Ripple be next to get an ETF? With the imminent launch of the first US XRP trust by Grayscale, it is looking more and more likely.
An ETF for Ripple would be an important development, providing the opportunity to get exposure to XRP for investors if they don’t want to buy or keep the token in their wallets. This could bring in more liquidity, increased trading activity, and a rise in the price of Ripple. Though as of now an ETF is by no means guaranteed, Grayscale’s step indicates that the time when XRP is seen being launched on traditional exchanges as a part of an ETF might not be very far off.
Crazy days ahead for Ethereum (ETH)?
Ethereum (ETH) has witnessed both the bull and the bears, but the question that still lingers is: Is that moment where ETH breaches the $4,100 price level finally going to happen?
For the third time, investors have tried to breach this level only to be shut down once more making investors question if this crucial resistance barrier is one that ETH has to power through. Presently trading at $2,639, Ethereum has had a turbulent as well as exhilarating trip. Should it clear the $4,100 resistance level, the floodgates may burst wide open for profits; however, every rejection risks turning sentiment bearish instead. At the same time, Ethereum still stands out as one of the most attractive assets in the crypto world and many say that it is just a matter of time before this ETH psychological barrier is overcome.
Rexas Finance (RXS) preparing to revolutionize real estate investments
Finally we come to Rexas Finance (RXS), which has already gained traction even at its presale stage and…