Solana’s rally toward $300 has hit a pause, with the long-anticipated ETF decision pushed back until October. While Solana Price remains under pressure, traders are scanning the market for new opportunities.
Many are shifting to Remittix, a rising PayFi project redefining cross-border payments with speed and low fees. As momentum cools for SOL, investors are betting that RTX could be the next breakout token.
Solana Price Today Holds Firm As Fundamentals Strengthen
The crypto market is still watching Solana closely, but the wait for approval on a spot ETF drags on. The SEC is expected to make its ruling in October, putting the brakes on short-term hopes for a major rally. For now, the SOL Price Prediction of $300 looks paused, even as infrastructure growth remains strong.
Recent Solana News highlighted that core metrics outpaced expectations. Total value locked jumped 30% to $8.6 billion, staking climbed 25% to $60 billion, and liquid staking penetration reached 12.2%. Despite lower memecoin trading, fundamentals show stability.
Average daily DEX volumes fell 45% to $2.5 billion, yet validator decentralization improved, and the Nakamoto coefficient now sits at 21. Upgrades like Anza’s Alpenglow protocol could cut finality times to under 150 milliseconds, bolstering long-term confidence in Solana Price Prediction models.
Institutional adoption also holds promise. With the Solana Staking ETF already live and more spot ETF filings pending, optimism for Solana Price growth persists. Still, traders checking the SOL Price today recognize that volatility and delays may keep near-term gains capped.
Meanwhile, some investors are hedging bets with Remittix, a payments-driven token climbing toward its first CEX listing. While SOL Price consolidates, RTX’s real-world utility narrative is pulling attention as a potential breakout play.
Remittix Delivers Fast Payments As Solana Price Today Slides
While Solana Price action faces turbulence, some traders are shifting their focus to Remittix. Unlike speculative projects that rely on hype, Remittix is building tangible infrastructure for cross-border payments. At $0.0944, the token has already raised over $19.8 million with over 604 million RTX sold, proving strong investor conviction even as other networks face setbacks.
What makes this different is real-world impact. Imagine a freelancer in Nigeria receiving stablecoins from a U.S. client. With Remittix, they can convert crypto to naira and receive funds in their bank within minutes. No slow wires. No inflated fees. This is crypto solving problems today, not in theory.
- The Remittix Wallet beta launches September 15, opening testing to select community members.
- The project is closing in on its $20M milestone, which will trigger the first CEX listing reveal.
- Each transaction avoids forex fees and lands in fiat accounts quickly, bridging crypto and traditional banking.
- Merchants can use their Pay API to accept crypto but settle instantly in local currency, removing volatility risk.
Momentum is undeniable. With stability built into its ecosystem and a $250,000 Remittix Giveaway attracting global attention, RTX could be the standout as traders reassess their positions.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
The post Solana Price Outlook: $300 On Hold As ETF Decision Delayed Till October, Traders Reposition To Remittix appeared first on Blockonomi.
Source: https://blockonomi.com/solana-price-outlook-300-on-hold-as-etf-decision-delayed-till-october-traders-reposition-to-remittix/