London, UK, December 19th, 2024, Chainwire Harbour , in partnership with Velocity Labs , announces the launch of their stablecoin payment system “Magic Ramp”, connecting SEPA Instant payment rails with Polkadot. This collaboration seamlessly integrates TradFi banking systems into Web3, providing efficient, low-cost payment solutions. Magic Ramp allows Euros to be sent from any bank account and received as USDC on-chain in less than 30 seconds, with minimal fees while funds held in Web3 wallets can be received as Euros in bank accounts with the same speed. For the first six weeks following the launch, these bank-to-on-chain transactions will be available at no cost. Through this partnership, developers can now issue virtual IBANs that are linked to Polkadot wallet addresses and bridge SEPA Instant payment rails in Europe with the Polkadot Asset Hub. James Brownlee, CEO of Harbour, shared, “Polkadot’s infrastructure enables instant, low-cost stablecoin transfers, which aligns with our goal of making blockchain interoperable with traditional banking. This partnership expands the design space for developers working on stablecoin-based solutions.” Potential use cases include efficient on-and-off ramps for Web3 users, stablecoin payment gateways for merchants who prefer receiving Euros, international payroll, bill payments, and cross-border remittances. Nicolas Arevalo, CEO of Velocity Labs, stated “Among all the on-ramp providers we’ve worked with, Harbour stood out by blending the convenience of on-ramps with the speed and cost of CEX on-ramping. This will allow stablecoins in Polkadot to become seamlessly accessible with negligible fees.” Harbour’s Magic Ramp makes it simple for traditional banking entities to integrate with Web3 in a way that addresses practical challenges in payments to meet evolving market needs. For more information, users can visit Harbour.fi or try out the Magic Ramp at https://ramp.harbour.fi/polkadot For media inquiries, users may contact Jonathan Duran at Jonathan@Distractive.xyz About Harbour Harbour.fi is an innovative payments platform bridging traditional banking and blockchain rails with Stablecoins. Harbour is headquartered in the United Kingdom with a branch in Poland, EU. About Velocity Labs Velocity Labs is a core contributor to Polkadot, dedicated to transforming it into the premier platform for DeFi development in Web3. As strategic partners, we empower builders and infrastructure providers with comprehensive support across business development, go-to-market strategy, engineering support, and product strategy. Contact Comms & PR manager Jonathan Duran Distractive jonathan@distractive.xyz
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These 6 Undervalued Coins Are Your Best Shot at Turning $500 into $500,000 This Altcoin Season
The post These 6 Undervalued Coins Are Your Best Shot at Turning $500 into $500,000 This Altcoin Season appeared first on Coinpedia Fintech News In the current cryptocurrency landscape, smart investors are always in search of undervalued altcoins which can give them an unreasonably good return. During altcoin season there are a few tokens you can strategically invest in, and the right investments of $500 can turn into $500,000. RXS Set for Explosive Growth: Presale Raises $27M with Projections of $36 by Mid-January Due to this focus on Real World Assets (RWA), RXS is certainly creating a buzz in the cryptocurrency world. Currently, RXS is in its presale phase and is trading at $0.150 with the potential to reach $36 by mid January. Its strong fundamentals and the growing interest in tokenizing real world assets, support this remarkable potential for growth. Over $27 million has now been raised in the presale with 343 million tokens sold out of a total supply of 380 million. After listing on CoinMarketCap and CoinGecko, and with an audit by Certik, RXS has built credibility in a crowded market. RXS has analysts bullish about it, believing it will outperform many altcoins this coming season. With its momentum picking up pace very fast, and with everyone waiting for its launch, it might actually be a smart move to allocate 80 percent of your $500 portfolio to RXS. Milestone Alert! Rexas Finance has successfully raised $27.8 Million! Thank you for your support! Buy Now: https://t.co/tNJAsvAL8G #rexas $RXS #RexasFinance #crypto pic.twitter.com/xDAJFloQOq — Rexas Finance (@rexasfinance) December 12, 2024 ARB: The Layer 2 Contender With a 68% increase over the past month, ARB, which is currently trading around $1.40, has been anything but stagnant recently. With Ethereum ultimately set to rally towards new all time highs, ARB has the opportunity to ride this momentum. There is a lot of optimism among analysts regarding the ability for ARB to break through resistance levels, and some predictors are forecasting that ARB could rise to $1.60 and $2.20 immediately. L2 SEASON INBOUND? As Ethereum gears up for its rally to new all time high’s, L2’s are getting ready.. $ARB is trying to reverse with an inside bar breakout, if it can we will see $1.60 next, and then $2.20… Patience Pays pic.twitter.com/nk9QaHgyh0 — CRYPTOWZRD (@cryptoWZRD_) December 11, 2024 The buzz around such upcoming layer 2 solutions as ARB is palpable for they help to scale the Ethereum network and lower transaction fees. As Ethereum continues to evolve, ARB is not just a speculative investment but a practical one too, this being due to the existence of the more profound proof of stake features, that many people would want to take advantage of. Mantle: A DeFi Powerhouse Mantle prices are also rising; up 62% in the last month to $1.26, another altcoin that has caught investors’ eye. Analysts say mantle is one of the most underrated ecosystems in decentralized finance (DeFi). The robust fundamentals and an innovative approach make it their favourite ingredients to see it as one of the top layer 2 tokens to watch out for 2024. I`ve never seen a DeFi ecosystem as good as Mantle`s. I`ve already mentioned the reward station program, but recently, they have introduced a new one Stake $MNT in flexible or fixed period, and watch your $ENA reward grow (worth $4.2M) – Visit: https://t.co/bdvBrB3PCn -… pic.twitter.com/moUx2OYwmL — Faycy (@Faycytw) December 11, 2024 If DeFi stays its course and siphons investors from traditional finance, Mantle’s unique play could be very explosive. On top of this, Mantle’s underlying technology and community support lend further confidence of its imminent performance. Kaspa (KAS) Poised for 10x Growth: A Hidden Gem in the Altcoin Market At the time of writing, Kaspa is trading in the region of $0.1635, up about 17.46% over the last 30 days. While it’s far less known than some of its counterparts, analysts believe Kaspa will soar, and can even see a tenfold increase in price as soon as it begins to rally. $KAS when it starts running is gonna do a straight 10X Kaspa is the one to watch! pic.twitter.com/r6KFDGiZZa — Bruiser (@bruiserscalls) December 12, 2024 This is reason enough for Kaspa to be included in any of your investor portfolios. Its growing community and distinctive technology make it likely that it will soon play a bigger part in the altcoin world. Algorand (ALGO) Eyes $1: A Stable Yet High-Growth Option for Blockchain Innovators ALGO at $0.42, analysts believe the coin’s price will hit $1 soon. Algorand is one of the more mature cryptocurrencies in the market with stable growth potential. It has a focus on scalability and transaction speed making it a great option for developers that want to develop decentralized applications. Algorand is appealing for investors looking for a balanced risk reward and more investors also to invest as it is very innovative within the blockchain space. Sei (SEI) Set for Breakout: A Strategic Buy as Price Consolidates Near Key Support Levels Another altcoin worth considering is Sei, now trading around $0.60. Sei’s price likely just completed a wave pattern with relevant support level pivots between $0.54 and $0.39, analysts say. Sei’s journey along these price levels provides an opportunity for investors who can recognize entry points along potential dips. $SEI : The price is likely working on a wave-(B). Relevant support is between $0.54 and $0.39. pic.twitter.com/3PmY2HRskf — Man of Bitcoin (@Manofbitcoin) December 11, 2024 Sei’s market dynamics show that as conditions improve for the broader markets, Sei could be gearing up for a breakout as part of the altcoin season. Conclusion: Seizing the Opportunity With the sidling of what a lot of the market thinks will be an explosive altcoin season, selecting undervalued coins like RXS can be essential to optimising investment returns. RXS has performed well in its presale and is anchored in real-world assets making it the prime choice for those who wish to convert a minimum investment into an exorbitant sum of money. While coins such as ARB, Mantle, Kaspa, Algorand, and Sei also provide a strong case to invest in, it may be that RXS is best positioned to lead the pack of the upcoming market cycle. If you’re strategic about allocating your portfolio and pay special attention to RXS, chances are you will be in a great spot to take advantage of those coming opportunities in the ever-changing world of cryptocurrency. Website: https://rexas.com Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance Bitcoin World
Ethereum Smart Contracts Are Being Reimagined by Lightchain AI Ecosystem
PRESS RELEASE. Lightchain AI is making waves in the blockchain and crypto space, quickly amassing nearly $3 million in their groundbreaking token presale initiative. But they’re not stopping there. This innovative project has its sights set on redefining how Ethereum ERC20 smart contracts operate, introducing a game-changing approach that promises to revolutionize the blockchain industry. Bitcoin World