The post Solana (SOL) Bears Remain In Control; Money Rotates To Ethereum As Experts Back ‘The New XRP’ For 5000% Gains appeared on BitcoinEthereumNews.com.

Solana (SOL) has found itself at a crossroads after a 24 hour surge following a month of significant losses. The question now is whether Solana (SOL) will regain its upward momentum or if this just represents a brief consolidation phase. Meanwhile, Remittix (RTX) is showing dominance in its presale, having raised more than $12.4 million to date. This powerful PayFi protocol promises to address longstanding issues in the global payments industry, which is currently valued at $190 trillion. So what are the key features drawing investors to Remittix (RTX) and will Solana (SOL) crumble or rise in 2025? Solana (SOL) Hopes Hinge On Token-2022 Update Solana has been in the wars lately posting a 27.3% loss in the last month. This hasn’t been a smooth descent either; ups and downs have kept holders guessing through January and February.   Solana’s Price Chart (Last 30 Days) However, some cite Solana’s upcoming Token-2022 program as a reason for optimism. This update, slated for 2025, will introduce a range of advanced features to Solana’s token infrastructure. This update gives developers more flexibility when creating and managing fungible and non-fungible tokens. Other changes include confidential transfers, transfer fees and improved multisignaturecontrols aimed at increasing token usage and security on the Solana network. Despite the Token-2022 update being widely anticipated by both the Solana community and the wider crypto space, the asset has seen a notable slump in trading activity. Weekly on-chain trading volumes have decreased from a peak of $173 billion in mid-January to approximately $90 billion last week, indicating reduced engagement on the network. Remittix Soars as Demand for Instant Crypto Payments Rises Remittix (RTX) is here to make global payments more accessible, removing the inefficiencies and barriers that currently stand in the way. At its core, it allows users to convert over…

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Filed under: News - @ February 23, 2025 6:23 am