The Solana price has been experiencing severe bearish dips in the past few days, especially with traders losing confidence in the SOL token. Things seem to be changing soon, however, as Solana news today suggests that the token could be back in bullish business.
Meanwhile, Remittix is planning a takeover in the DeFi upon launch and even Solana is feeling the heat already. The RTX tokens have become traders’ favourites in the past three months, and there’s little doubt of Remittix’s potential for a rally post-launch.
Solana news today and more on Remittix shortly.
Solana ETF News Take Center Stage
Introducing ETFs into cryptocurrency was a move to stabilize the sector by attracting investors from among institutional traders. With the ETFs, most tokens could experience increased demand and achieve a relatively market cap.
Solana is in line to join Bitcoin and Ethereum as the tokens with the ETF trading vehicle. Every month offers indications that Solana is getting closer to having its ETFs approved and launched in 2025.
Solana news today shows that asset manager Gray-scale has submitted the latest petition for the token’s ETFs, adding to the piling list of institutional traders that can’t wait to have SOL ETFs. And, without doubt, the ETF approval and launch are bound to set the Solana price on a roll.
Solana News Today: SOL To Enter Bullish Zones?
The Solana price has been reported to visit 13-month lows in the past week, as the token lost even more value to record weekly lows at $112 and $113.81 on Thursday and Friday respectively. Such dips accompanied dipping confidence from the investors and the resulting sell-off has Solana’s price future in doubt.
But Solana news today shows some hope of a comeback in the near future. PayPal has successfully integrated Solana as a payment option on its platform, making even use cases for the SOL token. Even more, China has responded to the US Tariff policy with tariffs of its own and the Solana price has spiked 6% from its low on Friday.
Now, Solana seems to have regained the support level at $120 and it looks to be surging from there. The token is still 4.7% down on the weekly charts and a dip below $75 is still possible, but recovery seems to be underway.
But Solana price spikes are nothing compared to Remittix’s potential rally. Here’s how the RTX coins are gaining traders’ confidence.
Remittix Vs Solana: Battle For Use Cases
The two DeFi coins are sporting use cases that open new opportunities for demand. But while Solana is simply unlocking use cases on PayPal, Remittix (RTX) is opening direct channels from crypto hot wallets to bank accounts.
How? Users on Remittix can now send their crypto assets from their crypto wallets to their bank accounts without needing an exchange. They won’t even need to convert the tokens, as long they are supported on Remittix. It’s a direct option for crypto withdrawals and a cost-effective one too.
But more than withdrawing into personal accounts, Remittix can also be used to transfer funds to family and associates abroad, pay for online goods and services and even tuition fees for school. All the users need to make the transfer will be the details of the recipient bank account and the amount of crypto they want to send.
Already, various online merchants like PayPal are integrating crypto coins into their payment/deposit options. Remittix will increase the rate of crypto adoption exponentially, and the increased demand for RTX tokens will come with attendant price surges.
There’s one to look forward to when the Remittix tokens launch.
Get Ready For Remittix Gains Here!
Maximal Remittix gains are for the early token buyers and the presale is the platform to get your RTX coins at the cheapest rates. They are currently going for $0.0734, but not for much longer.
And apart from the presale ROI, there’s a massive 130x rally to anticipate after launch. Only way to get there is to buy your Remittix tokens now and settle in for profits.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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