The post Solana’s Network Growth Surges Yet Whales Quietly Accumulate This Under-the-Radar PayFi Token With 12x Potential appeared on BitcoinEthereumNews.com.

The Solana network continues to impress. Developer activity is rising, total value locked (TVL) is growing, and institutional demand is slowly returning after months of sideways action. However, despite the surge in Solana news and activity, large investors, often referred to as whales, are quietly shifting part of their capital into an emerging PayFi project called Remittix (RTX). This token, many believe, has 12x potential going into the latter stages of 2025. Solana Network Expansion Reaches New Milestones On-chain metrics show that the Solana network is now processing more than 70 million transactions per day, placing it firmly among the busiest blockchains in the world.  The number of active wallets has hit 1.9 million, while its ecosystem of DeFi and NFT projects continues to expand. The recent integration of Firedancer, a new validator developed by Jump Crypto, has improved scalability and boosted performance, helping Solana sustain its reputation as a low-gas-fee crypto powerhouse As of this week, Solana (SOL) trades around $184.74, with analysts predicting a potential retest of $200 if volume continues to rise. Institutional accumulation is also evident. Whale transaction data shows that holdings of over 100,000 SOL have increased 6% since October, signalling renewed long-term confidence in the chain’s prospects. Still, some whales appear to be diversifying, adding smaller-cap projects that demonstrate strong real-world utility, rather than maintaining all exposure in Layer 1s. What’s Driving the Broader Altcoin Rotation Altcoin sentiment has improved significantly since the last market pullback. Traders are focusing on crypto with real utility, cross-chain DeFi projects, and tokens that bridge crypto to mainstream use. Projects offering payment or staking applications, rather than pure speculation, are now drawing the most attention from smart money. Analysts suggest that this rotation could mirror the early stages of the 2020–2021 cycle, when new narratives around DeFi and…

---

Filed under: News - @ November 3, 2025 10:29 am