Solana Futures Volume Surges 252% In July; Remittix ICO Soars Past $18M Raised As Listing Announcements Near
The post Solana Futures Volume Surges 252% In July; Remittix ICO Soars Past $18M Raised As Listing Announcements Near appeared on BitcoinEthereumNews.com.
Futures traders notably increased trading in Solana (SOL) during July, exploding futures trading volume by 252%. Meanwhile, an otherwise quieter but no less formidable competitor is gaining traction among early adopters — Remittix (RTX), a payments-focused protocol already having surpassed $18 million raised. This new utility token is gaining traction heading into its listing cycle. Solana’s Volume Spike Hides Mixed Signals Whereas Solana futures experienced firework activity, the spot market is a different experience. SOL is currently priced at $163.51, 1.26% higher, with a market capitalization close to $88.04 billion. The daily trading volume, however, is 8.74% lower, reaching about $4.11 billion. This divergence suggests leveraged-contract speculation wagering, yet overall sentiment in SOL’s fundamentals may be weakening. As ETF approvals remain uncertain, some traders are reducing exposure to spot holdings—looking instead for more utility-focused counterparts. Remittix (RTX): A Utility-First Crypto Solving Real Problems Remittix (RTX) stands out not through hype, but utility. Built as a cross-chain DeFi initiative, it enables users to transfer cryptocurrency—like SOL, ETH, and XRP—to bank accounts in 30+ nations instantly being converted to fiat through its beta wallet, launching in Q3 2025. Remittix’s key milestones: Token price: $0.0895 Tokens sold: 580 million+ Funds raised: $18 million+, within the soft cap reach Incentives: 40% bonus live + $250,000 Remittix Giveaway Wallet release: Q3, mobile-first functionality and real-time FX conversion Unlike hype tokens, Remittix is a cryptocurrency that possesses actual utility—to make payments transborder easier, without using central exchanges or clunky offramps. Why Investors Think RTX is the Smarter Alternative While Solana futures are blowing up but spot liquidity is deflating, most traders are flocking into systems of real use. Remittix comes in line with future trends like low gas fee cryptocurrency, global utility, and fast-growing crypto presales that offer real adoption rather than short-term flipping. Key benefits: Real payments…
Filed under: News - @ August 6, 2025 1:21 am