Solana price has been climbing steadily, showing impressive technical strength as traders eye a potential breakout. Yet, while the token faces resistance near $200, Remittix has been stealing headlines with a 1000% gain in its ongoing project, having raised over $18.5 million from the sale of 587 million tokens at $0.0895 each. This rivalry between a top-tier blockchain and a rising PayFi star is catching investor attention worldwide.
Solana Price Holds Firm Amid Strong Market Activity
Source: TradingView
Solana price is traded at $181.39 and increased by 2.52 percent in the last 24 hours, which advanced the market capitalization to 300.79 billion after adding 6.09 billion. During the previous week, Solana price has increased by additional 11.66% and over the last one month, it has risen by 15.26%, remaining strong above its 20-day, 50-day, 100-day, and 200-day exponential moving averages.
Solana has been consolidating in the last month between $170 and $190, repeatedly getting rejected at $200. It has turned positive on the short-term momentum at the beginning of August with higher lows developing and the zone at the level of $180 being reclaimed. Analysts suggest that breaking $195 with volume could trigger a run toward $200 and potentially $240, with institutional interest on the rise.
Liquidations over the past day reached $12.89 million, including $9.35 million from shorts, which could support more upside. Still, market dominance has slipped to 12.58%, a factor experts say could cap gains in the near term if it continues.
Remittix Momentum Fueled by Utility and Innovation
While Solana price works to overcome resistance, Remittix is gaining traction through its unique blend of innovation and practical use cases. Designed for borderless payments, it allows crypto transfers directly to bank accounts in over 30 countries. The September wallet beta launch will introduce real-time FX conversion, while a $250,000 giveaway is drawing global participation. Unlike many new projects, Remittix is built for both individual and enterprise adoption, making it a strong contender for long-term growth.
Here’s why Remittix is gaining traction:
- Global reach with expanding partner network
- Transparent rates for fair and efficient transfers
- The 40+ crypto coins and 30+ fiat currencies are supported.
- Ideal with freelancers, remitters and businesses
- Business API to drive mass adoption in payments
The Path Forward
Solana has the fundamentals to break new highs, but its progress depends on surpassing resistance. Remittix, however, offers a combination of explosive early growth, real-world application, and strong community engagement. For those seeking the best crypto opportunities, Remittix may well be positioned to deliver the biggest gains in 2025.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
