REX (REVOX) rose 8.07% in 24 hours

Gate News Bot message, September 3rd, according to CoinMarketCap data, as of the time of writing, REX (REVOX) is currently priced at 0.05 USD, with a pump of 8.07% in the last 24 hours, reaching a high of 0.06 USD and a low of 0.05 USD. The current market capitalization is approximately 9.72 million USD, an increase of 7.26 million USD compared to yesterday.

REVOX is a platform dedicated to redefining the paradigm of decentralized application (dApp) creation through autonomous agents. REVOX aims to become the fundamental tool for building any dApp that uses AI, serving as the preferred platform for sharing third-party data and logic to achieve open integration, and becoming a universal interface connecting Web3. REVOX transforms basic Web3 components (such as wallet integration and smart contract calls) into AI agent forms, which are dynamic and intelligent participants in the blockchain capable of executing complex tasks, making decisions, and interacting with other components of the ecosystem.

Important news about REX recently:

1️⃣ Rex Solana ETF applies to transform 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 expectations for approval. This series of actions indicates Rex's proactive layout in the cryptocurrency ETF market, which is likely to bring more attention and potential demand for the REX token.

2️⃣ REX Shares Solana Staking ETF Size Exceeds 200 Million USD The first Solana staking ETF (SSK) launched by REX Shares 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 validating the growth potential of the Solana ecosystem, which may boost the value of REX token.

3️⃣ Rex Shares expands business and applies for BNB staking ETF Rex Shares has applied to launch an ETF supporting BNB staking, demonstrating the company's active expansion of its cryptocurrency ETF product line. This initiative not only highlights REX's ongoing efforts in crypto financial innovation but also holds the potential to further enhance its market share and influence in the cryptocurrency investment tools sector.

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

This message does not constitute investment advice, and investors should be aware of market volatility risks.