Cardano, Solana Prices Surge But This New Crypto Is Gearing Up For A 5000% Rally
The post Cardano, Solana Prices Surge But This New Crypto Is Gearing Up For A 5000% Rally appeared on BitcoinEthereumNews.com.
Cardano and Solana are back in the spotlight, surging fast, reigniting investor excitement, and hinting that the next altcoin wave may already be underway. With both chains pushing forward on scalability and adoption, they’re reminding everyone that Ethereum isn’t the only game in town. But as the majors heat up, something else is bubbling beneath the surface, too. Bitcoin may have hit a short-term ceiling, but that pause could be the spark altcoin season has been waiting for. And leading the charge from the underdog ranks? Remittix (RTX), a sleek, Ethereum-based PayFi protocol that’s already raised over $15.3 million in presale and is now being whispered about for a potential 5,000% rally. While ADA and SOL reclaim old highs, Remittix is carving out a new path entirely, bridging crypto-to-fiat payments at lightning speed, with no banks, no middlemen and no friction. And as attention shifts from the blue chips to what’s next, let’s explore why RTX could be the breakout star of this cycle. Solana price flirts with resistance as shorts pile up and a squeeze brews Solana price is surging due to a combination of technical strength and rising market interest. Currently trading near $171 with a 2.14% daily gain, SOL is testing a critical resistance range between $176 and $188. This follows a strong rebound from previous lows, with momentum building across charts and derivatives markets. The surge in Solana’s social dominance to 5.18% also highlights increasing retail attention. Source: Coinglass A key driver behind this rise is the buildup of short positions between $170 and $176. This creates the potential for a short squeeze if bulls push prices higher. Over $1.72 million in short liquidations on May 18th, with minimal long liquidations, shows clear imbalance and short-side vulnerability. Additionally, Solana’s funding rates on Binance turned slightly positive…
Filed under: News - @ May 26, 2025 10:27 pm