The cryptocurrency market has gained traction as Chainlink (LINK) grabbing attention as its price reaches $30. Amid growing enthusiasm towards the cryptocurrency, with analysts expecting LINK to head towards a wave of $50 has been quite popular. However, a relatively new player, Rexas Finance’s RXS token at just $0.15 during presale, is quickly rising to the competition, to become one of the top 15 cryptocurrencies.
Chainlink’s Bullish Momentum and $50 Target
Chainlink, which is another popular decentralized oracle service, has seen a revival, reversing from a multi-year bear market. Its trading price is $29.62 while its highest for the day was recorded at $30.52. Analysts refer to the bullish pressure from the technical chart which reveals that Apple is traded out of the Ascending Triangle pattern and has a higher buying volume.
Prominent crypto analyst Ali Martinez recently noted that LINK is on the verge of a breakout above $30.4. “Chainlink looks like it uptrend to break out to $34. I will be watching for an hourly close above $30.4 to confirm the breakout,” said Martinez. If LINK sustains this momentum, it could rise to $34 within days and possibly target $50 in the coming weeks.
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Furthermore, big inflows have also been witnessed in the trailing days when Chainlink was in a rapid upward trend. For instance, World Liberty Financial founded by President-elect Donald Trump has reportedly bought $2.3 million worth of LINK tokens. Analysts believe that such advancement will foster the long-term growth of LINK, even though it has quietly risen by 120% over the past month.
Rexas Finance A Rising Competitor in the Crypto Market
As Chainlink strives for its position at the top, Rexas Finance (RXS) is already gaining popularity due to its unique strategy of integrating real-world assets into the blockchain ecosystem. Tokens currently cost $0.15 each during the presale that is still ongoing and has amassed more than $28.8 million in investments. Stage 10 of the presale is close to complete, and up to 351 million tokens have already been sold in RXS.
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Rexas Finance is positioning itself as a game-changer in the market by offering fractional ownership of assets such as real estate, gold, and art through blockchain technology. The platform’s tools, such as the Rexas Token Builder and QuickMint Bot, simplify tokenization, enabling users to digitize assets with ease.
The project’s CertiK audit ensures the security of its smart contracts, adding credibility. According to data from Rexas Finance, the RXS token supply is capped at 1 billion, with 42.5% allocated for the presale. Plans for listings on major exchanges are expected to boost liquidity and accessibility further.
Comparing Chainlink and Rexas Finance Growth
The current price rally of Chainlink is due to breaking a multi-year downtrend. Back in this year, LINK price crossed above crucial resistance levels of $13.50 and $17.50 and established them as strong support levels. Since then, LINK has risen by more than 190% due to high demand and numerous technical factors such as a breakout of a falling wedge.
Rexas Finance has also performed well in the presale phase with its $0.15 token having a steep price rise possibility. The platform is designed to connect centralization with decentralization, creating an opportunity for regular access to any valuable asset. They can estimate that, if RXS continues its current expansion rate, it could rank among the top 15 cryptocurrencies by the first half of the year 2026.
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