Solana News Today: Why Solana Whales Are Snapping Up Remittix Tokens as Remittix Is Tipped as the Next XRP
The post Solana News Today: Why Solana Whales Are Snapping Up Remittix Tokens as Remittix Is Tipped as the Next XRP appeared on BitcoinEthereumNews.com.
contributor Posted: September 4, 2025 Solana has been one of the biggest winners of the past two years. Its speed and efficiency made it a favourite for DeFi, NFTs, and stablecoins. But Solana News Today shows that momentum has slowed. After a rally above $200, the price is struggling to push higher, and big players in the market are starting to diversify. Surprisingly, a large part of that money flows into Remittix (RTX), a PayFi project tipped by analysts as the “next XRP.” Solana Price Holds, But Momentum Cools At the start of September, Solana was trading between $198 and $205, within its summer uptrend. Bulls defended the $190 support zone, which shows there’s still demand. On-chain data revealed that over $80 million worth of SOL left exchanges last week, hinting at accumulation by long-term holders. But the challenge is clear. Analysts note that Solana needs a daily close above $215 to unlock the next push toward $250–$280. Without that breakout, price action could swing back to $185. Technical traders describe this as a “make-or-break” point for SOL. While the fundamentals remain strong, especially after the Alpenglow upgrade boosted confirmation speeds, many investors aren’t satisfied with Solana’s near-term growth prospects. This explains why whales are exploring other tokens with higher upside. Why Whales Are Buying Remittix The token catching their attention is Remittix (RTX). Unlike meme tokens or speculative plays, Remittix solves real problems in the $19 trillion global remittance market. Its PayFi ecosystem allows users to convert crypto to FIAT instantly and withdraw directly into bank accounts: no centralised exchanges, hidden fees, no delays. Key drivers behind the shift include: Over $23.5 million raised during its funding phase, showing strong investor backing. A beta wallet will launch on September 15, 2025, and it will support 40+ cryptos and 30+…
Filed under: News - @ September 4, 2025 12:30 pm