REX (REVOX) rose 15.75% in 24 hours

Gate News Bot news, on September 5th, according to CoinMarketCap data, REX (REVOX) is currently priced at $0.05, having risen 15.75% in the last 24 hours, reaching a high of $0.06 and a low of $0.04. The current market capitalization is approximately $99 million, an increase of $1.35 million compared to yesterday.

REVOX is a platform aimed at redefining the paradigm of decentralized application (dapp) creation, leveraging autonomous agents to achieve this goal. REVOX is committed to becoming the essential tool for building any dapp that uses AI, serving as the preferred platform for open integration of third-party data and logic, and becoming a universal interface connecting Web3. The platform reimagines applications as independent agents, each designed to meet different user needs and provide personalized solutions. In the REVOX ecosystem, agents become the cornerstone of innovation, effectively meeting a wide range of user needs.

Important news about REX recently:

1️⃣ Rex Solana ETF transforms into a registered investment company Rex is transforming its Solana ETF from a Class C company into a registered investment company, aiming to eliminate tax burdens and enhance product competitiveness. At the same time, the Solana spot ETF applications submitted by Rex and other institutions have entered the third round of revision, significantly increasing the expectation of approval. This series of actions indicates Rex's proactive layout in the cryptocurrency ETF market, which is expected to bring more attention and potential demand for the REX token.

2️⃣ REX Shares Solana Staking ETF size exceeds 200 million USD REX Shares has launched the first Solana staking ETF (SSK) in the United States, which continues to attract inflows, with total assets under management (AUM) surpassing $200 million for the first time. This milestone reflects the strong demand in the market for cryptocurrency-related products offered by REX, while also indirectly confirming the growth potential of the Solana ecosystem, which may boost the value of REX token.

3️⃣ Rex Shares expands business, applies for BNB staking ETF Rex Shares has applied to launch an ETF that supports BNB staking, demonstrating the company's active efforts to expand its cryptocurrency ETF product line. This initiative not only highlights REX's ongoing commitment to innovation in crypto finance but is also expected to further enhance its market share and influence in the field of cryptocurrency investment tools.

The recent price rise of the REX token may be influenced by the company's active layout in the ETF market and the expansion of its product line. As Rex continues to innovate in the field of cryptocurrency investment tools and expand its market share, investor confidence in the REX ecosystem may further strengthen. However, the cryptocurrency market still presents high volatility, and investors should closely monitor changes in the regulatory environment and market risks.

This message is not intended as investment advice; investors should be aware of the risks of market volatility.

REX17.52%
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