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Solana’s 17,000% surge in 2021 excited investors. Now Rexas Finance is the next potential altcoin star.
Solana (SOL) debuted in 2017 with a floor price of around $0.22. Solana was another blockchain project that attempted to solve the scalability and transaction speed issues that other platforms like Ethereum were facing at the time. It focused on building a high-performance blockchain capable of efficiently governing distributed apps (dApps) and large-scale transactions.
Although the company had great ambitions, the market’s initial response was slow, so few could have predicted the huge expansion that would follow. Solana made headlines in 2021 due to its astonishing price increase. The low price of $0.22 in early 2021 was modest; in November 2021, SOL had reached an all-time high of $259.
The explosive rise captivated both retail and institutional investors and represented a staggering 17,000% gain. Solana’s success story became a textbook example of the power of blockchain technology, illustrating that even a relatively unknown project could achieve stratospheric expansion by addressing fundamental problems in the crypto industry. “What if we could find the next Solana?”
Those who missed Solana’s rise are still wondering. Investors are constantly looking for the next great token that can rival Solana’s spectacular expansion in 2021. Luckily, Rexas Finance (RXS) is a new…
