Solana (SOL) Bears Remain In Control; Money Rotates To Ethereum As Experts Back 'The New XRP' For 5000% Gains
Solana (SOL) has found itself at a crossroads after a 24 hour surge following a month of significant losses. The question now is whether Solana (SOL) will regain its upward momentum or if this just represents a brief consolidation phase.
Meanwhile, Remittix (RTX) is showing dominance in its presale, having raised more than $12.4 million to date. This powerful PayFi protocol promises to address longstanding issues in the global payments industry, which is currently valued at $190 trillion.
So what are the key features drawing investors to Remittix (RTX) and will Solana (SOL) crumble or rise in 2025?
Solana (SOL) Hopes Hinge On Token-2022 Update
Solana has been in the wars lately posting a 27.3% loss in the last month. This hasnt been a smooth descent either; ups and downs have kept holders guessing through January and February.
Solanas Price Chart (Last 30 Days)
However, some cite Solanas upcoming Token-2022 program as a reason for optimism. This update, slated for 2025, will introduce a range of advanced features to Solanas token infrastructure.
This update gives developers more flexibility when creating and managing fungible and non-fungible tokens.
Other changes include confidential transfers, transfer fees and improved multisignaturecontrols aimed at increasing token usage and security on the Solana network.
Despite the Token-2022 update being widely anticipated by both the Solana community and the wider crypto space, the asset has seen a notable slump in trading activity. Weekly on-chain trading volumes have decreased from a peak of $173 billion in mid-January to approximately $90 billion last week, indicating reduced engagement on the network.
Remittix Soars as Demand for Instant Crypto Payments Rises
Remittix (RTX) is here to make global payments more accessible, removing the inefficiencies and barriers that currently stand in the way.
At its core, it allows users to convert over 40 cryptocurrencies into FIAT instantly and send the funds directly to any bank account, even if its on the other side of the world.
Take Arjun, a freelancer in India earning in Bitcoin. Instead of dealing with slow exchange processing and expensive conversion fees, he uses Remittix to convert BTC into Indian Rupees, receiving his money in his bank account within minutes.
Streamlining Crypto Adoption for Businesses
Price volatility, liquidity issues and complicated conversion processes have traditionally kept businesses from accepting crypto. Most companies would like to take digital payments but fear the financial risk.
With the Remittix Pay API, businesses can accept crypto payments and settle them in FIAT, with no need for technical expertise or specialist knowledge on the crypto market. This allows e-commerce shops and online services to accept crypto payments while benefiting from the stability of FIAT.
Remittix also places a strong emphasis on privacy. With financial institutions tracking and regulating transactions more aggressively than ever, users are looking for secure, private and efficient alternatives.
Many banks impose unnecessary restrictions on transactions, making it harder for people to move their money freely. Remittix offers a better solution, ensuring that recipients receive a standard bank transfer with no trace that the payment originated from crypto. This means users can manage their money with complete freedom and avoid unnecessary oversight.
Remittix Presale Gains Momentum, Surpassing $12.4 Million
Investors are flocking in to the Remittix (RTX) presale from across the space as they look to grab their share of RTX tokens. This powerful native token has several functions within the broader ecosystem but most importantly, it gives investors the ability to share in Remittixsfuture successes.
Having raised more than $12.4 million to date, tokens are currently on offer for a ripe price of just $0.0628 in the current stage. Analysts are optimistic about the projects potential, forecasting an explosive 800% price during the presale phase, with exponential growth expected post-launch.
For anyone interested in pushing the boundaries of PayFi, while being in the running for big gains, Remittix (RTX) is not a project to sleep on in 2025.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Text source: Crypto Daily™
