A leading investment firm rolled out a Ripple (XRP) ETP earlier this week, leaving investors wondering if a Solana (SOL) exchange-traded product is in the works.
Meanwhile, the renewed buzz about ETPs has driven massive traffic toward tokens linked to Ethereum DEXs like RCO Finance (RCOF).
What is in store for Solana and RCO Finance after the launch of an XRP ETF? Continue reading to find out!
Grayscale Launches An XRP ETP: Triggers An 8% Jump!
Grayscale Investments made waves across the crypto-verse on September 12 after announcing the launch of an XRP EPT. Dubbed Grayscale XRP Trust, the ETP will only be available to eligible accredited investors. This bullish news saw XRP recover from a weekly bearish trend.
After trading around the $0.5300 level since September 6, XRP jumped as high as $0.5809 on September 12. By September 13, Ripple (XRP) had stabilized at around $0.5710. This price means XRP has gained 8% in a week. However, the 24-hour XRP trading volume is down 23%, signaling waning interest, which might erase these gains.
Solana Surges 7% in a Week: Will The Pump Continue?
As investors wonder whether Solana will soon get an ETP, the token has performed well over the past seven days. On September 6, SOL was changing hands at around $127.84.
After trading around this level for days, SOL gained momentum on September 10 after Solana surpassed 5.5 million active addresses.
This development generated hype among traders, forcing SOL to surge as high as $137.66 the same day. By September 13, Solana (SOL) had stabilized at around $136.85, which means SOL had gained 7% in a week.
However, the 24-hour SOL trading volume has shrunk by 9%, indicating investors might be shifting to new tokens.
RCOF’s Presale Gains Momentum!
While investors await more crypto ETPs to enter the market, RCOF, an emerging DeFi token, has provided an alternative investment option. RCOF has gained investor favor after outshining leading tokens associated with top Ethereum DEXs.
This burgeoning token has attained this feat due to its utility within RCO Finance’s crypto AI platform.
Specifically, RCOF is RCO Finance’s transactional and governance token. As such, the token is set to grow sustainably as more investors embrace RCO Finance. This explains why RCOF is eclipsing other tokens associated with Ethereum DEXs.
In addition, the RCOF presale presents a rare opportunity for massive profits. As of September 13, RCOF had commenced Stage 2 of its presale.
Investors can seize this opportunity to buy RCOF at $0.0344, sit back, and wait for huge returns after the token climbs to its listing price of around $0.04-$0.6.
Amazingly, experts believe RCOF can mimic XRP’s 1,800% surge in Q4 2017 by the end of 2024. As a side note, RCOF is a safe token to invest in because SolidProof, a reputable firm in the blockchain security sector, audited its smart contract.
RCO Finance’s Top-Tier Features Generate Massive Hype!
RCO Finance, an upcoming DeFi platform, has quickly gained ground in the space due to its distinct approach to simplifying investing.
The RCO Finance platform uses AI and blockchain technology to provide investors with next-gen trading tools, including non-KYC debit cards and a pre-DO offering.
However, an AI-powered robo advisor stands out. The RCO Finance robo advisor uses machine learning and complex algorithms to generate data-driven investment predictions.
By implementing these predictions into their investment strategies, investors scale their chances of profitability while minimizing risk exposure.
Additionally, the robo advisor can adjust an investor’s portfolio in real time by entering, exiting, or doubling down on positions. This capability helps investors avoid making irrational investment decisions, often leading to losses.
This explains why trading on RCO Finance is better than taking chances on Ethereum DEXs.
The RCO Finance robo advisor is also causing a stir because it offers free tax advice, equipping investors with knowledge to remain compliant while investing in the 120,000+ crypto and TradFi assets RCO Finance supports.
These revolutionary features explain why you should join the RCO Finance platform, which has positioned itself as a top contender for Ethereum DEXs.
For more information about the RCO Finance Presale:
