Solana trending higher, experts backing Rebel Satoshi and XRP
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
- Solana (SOL) rising
- Experts suggest adding Rebel Satoshi (RBLZ) to diversify crypto portfolios
- Market analysts believe XRP will cross $1 by the end of 2024.
Solana (SOL) has introduced a new stablecoin, boosting its momentum. Rebel Satoshi (RBLZ) gained attention after surging 100% in its presale. XRP rose after Ripple CLO revealed new details about Ripple’s legal battle with the SEC.
SOL rose after Paxos launched USDP stablecoin on Solana
On Dec. 22, 2023, Paxos, the stablecoin issuer from New York, revealed its expansion plan by launching its USDP stablecoin on Solana.
The public release of USDP on Solana is set to commence on Jan. 17, 2024.
Following Paxos’s announcement, SOL rose.
On Dec. 22, SOL traded at $90.80; by Dec. 25, it was up 37.8%, reaching $125.19.
In 2024, experts say SOL may surge 63% to $204.52. This outlook is due to increased competition with Ethereum and the general anticipation of a crypto bull run.
However, more conservative forecasts consider the possibility of SOL’s trending below $175.81 by the end of 2024, especially if bearish sentiments prevail.
RBLZ is being monitored after presale success
Rebel Satoshi is gaining interest after its Rebels Round 2 presale sold out in ten days.
The platform aims to challenge and decentralize concentrated power in finance, aligning with blockchain’s original vision.
Its ERC-20 token, RBLZ, is critical to Rebel Satoshi’s appeal.
The presale has seen rapid growth and confidence from investors.
The Early Bird Round at $0.010 sold out in 3 weeks. Rebels Round 1 sold out in 10 days at $0.013, followed by Rebels Round 2 at $0.018.
Citizens Round 3 is currently priced at $0.02.
Experts predict more RBLZ price gains when it launches on DEXes in February 2024.
They expect the token to hit $0.025.
Ripple CLO says SEC offered a new deal
On Dec. 23, 2023, Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, shared surprising details about a settlement offer from the SEC three years earlier, on the same date.
The agency labeled XRP as a security, allowing a brief compliance period.
Still, Ripple declined, arguing that XRP is not a security.
After this revelation, XRP rose on Dec. 23 from $0.613 to $0.647 on Dec. 25.
In 2024, experts say XRP could reach $1.1 on rising markets and a favorable regulatory environment.
Conversely, some say that if bears take charge, XRP will be pinned below $0.8886.
For the latest updates and information, visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
