The Solana price has fallen below $200 amid a recent correction in the market. Still, Solana (SOL) remains a favorite among crypto enthusiasts, having delivered impressive gains and solidified its position in the DeFi market. However, with increasing network congestion and concerns over centralization, investors are now looking elsewhere for the next big opportunity.
Enter Remittix, an emerging altcoin that is rapidly gaining traction. Currently in the presale, the project has given early investors up to 890% returns on their investments. Given its low market cap and utility, RTX could be the next blue-chip project to surpass Solana.
Solana price Begins Uptrend, Zee Potential Targets
The Solana price has been trading between $120 and $180 on the weekly timeframe. The cryptocurrency is currently showing upward movement on the charts amid the recent correction in the market.
CoinMarketCap data shows the Solana price has increased by 6.5% in the weekly timeframe. However, the Solana price is bearish on the biweekly and monthly levels, a sign that bears are still fighting for control.
Solana price chart showing resurgence: TradingView
Meanwhile, technical indicators like the Momentum (10) and Hull Moving Average (9) are showing buy signs. This is a bullish signal which shows that bulls are active. Moving forward, the Solana price faces resistance around the 200-Day SMA ($187.50) and 50-SMA ($201.43).
Surpassing these resistances could take the Solana price to $250. In the meantime, CryptooELITES forecasts the Solana price might pump to $450 and $678 in the coming months. According to them, the Solana price has broken above the 2021 trendline and is trading above it.
Solana price prediction from CryptoELITES
Another analyst called A.A. notes the Solana price could climb to $200 in the short term. They noted the altcoin has formed a bullish structure and might run towards yearly open again. In other news, the cryptocurrency community is still awaiting the approval of the Solana ETF. The current administration is holding a US Crypto Summit on Friday, a move that could be followed by an upsurge.
Remittix (RTX) Set To Transform Cross-Border Payments
While the Solana price struggles to reclaim past glory, investors are turning to a new DeFi project called Remittix (RTX). This is a platform that is changing the face of the global payment industry through the combination of cryptocurrencies with conventional fiat systems for fast, cheap, and secure cross-border transactions.
Remittix allows users to exchange more than 40 cryptos for fiat money and transfer the funds to any bank account globally, thus connecting the world of cryptocurrencies and traditional finance. Due to its fast and cheap services and security, Remittix is well-positioned to revolutionize the $190 trillion cross-border payment industry, making it ideal for anyone in need of efficient payment services.
One of the key aspects of Remittix is the PayFi system which is based on blockchain technology and enables instant conversion of cryptocurrencies to fiat currencies. This innovation guarantees that the recipients get the funds as standard bank transfers with no hint of the transaction being a cryptocurrency one, thus being discreet and simple.
For businesses, Remittix provides the Remittix Pay API that allows for the acceptance of cryptocurrency payments while settling in fiat. This feature enables firms to benefit from the crypto market without directly experiencing its volatility, which increases financial freedom and customer reach.
The platform’s native token, RTX, plays a pivotal role in its ecosystem. At the current price of $0.0694, RTX has attracted a lot of attention; its presale has raised over $13.47 million and has sold more than 513 million tokens. Experts believe that there is much more room for the growth of RTX and consider it to be one of the promising projects in the context of the development of the crypto industry.
Can This New DeFi Coin Compete With Solana?
While Solana continues to battle scalability and market volatility, Remittix is emerging as a compelling alternative with a clear vision and practical use case. As it edges closer to major exchange listings in 2025, early investors are seizing the opportunity to get in before the wider market catches on. With its strong fundamentals and bullish momentum, analysts believe that RTX could surge past expectations, potentially outshining even Solana.
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Source: https://cryptodaily.co.uk/2025/03/experts-believe-this-altcoin-is-a-more-attractive-proposition-to-solana-sol-before-it-hits-major-exchanges-in-2025