Solana faces significant resistance, while the Rexas Finance presale captures investor attention.
Solana Struggles to Hold Above $140
Solana's price has dropped from $180 in February to current levels below $140. Network fees have fallen by 73% over the past month, indicating reduced activity on-chain. SOL perpetual futures funding rates have been negative for three consecutive days, signaling a weak demand for leveraged longs. Meanwhile, the number of wallets with more than 10,000 SOL has decreased, suggesting that major investors might be taking profits or reducing exposure. Uncertainty remains about Solana's ability to surpass its $155 resistance level.
Rexas Finance Presale Dominates Crypto Talk with $47M Raised
Rexas Finance shows unprecedented presale success, raising $47 million. The presale is in its final stage, with 91% of tokens already sold. Rexas Finance's ecosystem involves tokenizing assets like real estate and art, and offers DeFi services including staking and farming. The project has undergone a Certik audit, ensuring the security and durability of its smart contracts. Rexas Finance is preparing for a listing on three top exchanges on June 19, 2025, which could significantly increase liquidity and demand for the tokens.
Conclusion
Solana continues to struggle below $140, facing critical resistance levels, while Rexas Finance advances with its successful presale and upcoming exchange listing.
Solana has yet to overcome key resistance levels, while Rexas Finance progresses confidently amid a record presale and future exchange listing plans.
