Polygon Completes MATIC to POL Upgrade, but Spotlight Remains on RWA Powerhouse Rexas Finance (RXS): Here’s Why

cryptonews.com:

Polygon put one more point on its phase 2.0 map when it announced its major migration from MATIC to POL, however, the ongoing presale of Rexas Finance (RXS), an RWA debutant, appears to be stealing the spotlight. While Polygon struggled to sustain the price pump after the upgrade, Rexas Finance has gained more ground as its presale has captured investors’ attention.

On September 4, Polygon made the highly awaited upgrade with the replacement of MATIC with the new native POL token. This migration is part of the Polygon 2.0 roadmap, which enhances the platform, aimed at reducing the drawbacks concerning performance improvements. However, even with the technological improvements, the POL token has not fared well in the market. Right after the upgrade, POL price fell by more than 10.7% and moved to the level of 0.38 towards the end. While experts expect a notable gain in the coming months, the current outlook is bearish. On the contrary, Rexas Finance has had an unbelievable amount of success in its presale. The first stage presale of 1 500 000 RXS tokens offered by the platform was sold out in a mere 72 hours, raising $450 000. This amount shows increasing investor confidence in Rexas Finance as a crypto investment vehicle with a focus on investment mode at the tokenization of real assets.

Rexas Finance is more than simply another cryptocurrency; it is already the next big project in the tokenization of the real-world assets (RWA) sector. The platform enables customers to invest in parts of elite assets like real estate, gold, and other commodities that have only been available to a select group of investors before using its native RXS token. This way, the disparity between advanced technology and practical investment is