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The crypto market has been increasingly volatile, and for Solana and XRP, the price trouble appears to continue. After an over 18% and 21% price drop, respectively, in the past month, market insiders are wondering if these two altcoins might recover from their ongoing woes. While XRP and SOL coins face extreme selling pressure, Remittix presale continues to hit new levels.
Remittix (RTX), on the other hand, has become the talk of the town, currently priced at $0.0694, and has raised more than $13 million. While countless tokens emerge each week, experts are pointing to Remittix as the next breakout contender. Let’s uncover XRP and Solana market trends and how projects like Remittix are the best crypto to buy right now.
Solana Flashes Similar Setup to 2022 Bear Market
For the first time since 2024, Solana's price dipped below $135 briefly before staging a recoveryabove $140. The sharp decline comes after the crypto asset failed to notch a new all-time high. Instead, the SOL coin slid by 43% in the past months. Based on historical patterns, Solana's price action reveals a deeper pullback that could be close.
Its technical indicators appear similar to that of the 2022 bear market. During that period, Solana's price reached $260 in November 2021 and crashed below $10. It was during this time that the 26-period Exponential Moving Average (EMA) crossed above the 12 EMA, which validated the extended bearish phase. If the same thing happens, sustained crossover and negative MACD readings might suppress the SOL price.
USD/SOL chart | Source: TradingView
Another sign that SOL could be heading towards the 2022 bear market is the total value locked. In January, Solana’TVL neared $12 billion but has dropped to around $6 million. During the 2021 to 2022 period, the same metric collapsed. Amid this downturn, Solana investors have seen the current downturn as an opportunity to buy the dip in the hope that it might regain its bullish momentum in the coming months.
XRP Price Loses Bullish Momentum
The XRP token has made headlines after losing the bullish momentum it displayed in the fourth quarter and is now at a more profound risk of a deeper meltdown. The ongoing decline is primarily attributed to macroeconomic uncertainty in the United States as President Trump imposed new hefty tariffs. These tariffs have led to stagflation and forced the Federal Reserve to cut interest rates prematurely.
XRP price chart| Source: CoinMarketCap
Despite the decline, XRP’s fundamentals remain solid. The odds of the U.S SEC withdrawing its lawsuit against the Ripple network have improved now that the regulatory watchdog has dropped its cases against Coinbase and Uniswap. Meanwhile, the XRP Ledger ecosystem has continued to draw more developers, and speculation regarding a potential spot XRP ETF has increased.
If approved, an XRP ETF could trigger billions in inflows, driving higher demand for the XRP token. Technical indicators reveal a strong bearish breakout in the coming days, as the XRP coinhas entered a danger zone. The token could crash below the $2.00 level if a bearish breakout is confirmed. Given these factors, the altcoin might decline further towards $1.6230, where it may experience a reversal.
Remittix (RTX): Next Breakout Contender
While Solana and Ripple carry strong brand recognition and market share, Remittix has shifted attention thanks to its disruptive PayFi platform that merges cryptocurrencies with everyday finance. By enabling users to convert crypto into fiat current and deposit funds directly to any bank account worldwide, Remittix addresses a multi-trillion-dollar industry, a sector where overhead costs, exclusion of unbanked populations, and transfer delays remain unsolved issues.
For someone who works in Southeast Asia intending to send funds home to a family could experience steep fees from conventional remittance services. The transaction might even take days to process. Remittix aims to cut these costs drastically to offer a near-instant transfer at affordable rates. Users can convert over 40+ crypto pairs into 30+ fiat currencies.
This tangible utility distinguishes Remittix from speculative tokens that are currently bleeding red due to market turbulence. While offering these tangible benefits to millions of unbanked individuals, Remittix promises real-world adoption. Its presale is a testament to the project’s growth potential. Remarkable, it has accumulated more than $13 million in funding as investors continue to be bullish about it.
Meanwhile, early adopters have already enjoyed over 362% return after a price increase to $0.0694 from its starting price of $0.015. While no investment is without risk, market insiders believe Remittix could be the next big thing, potentially outperforming Ripple and Cardano in terms of returns. With both utility and potential for exponential gains, the RTX token has emerged as the best crypto to watch in 2025.
Can Remittix Outpace XRP and Solana?
While XRP and Solana continue to navigate market volatility, Remittix has quickly emerged as the next breakout contender. With strong fundamentals and high growth potential, this new PayFicoin could outshine Solana and Ripple in this cycle. For anyone seeking a better crypto investment alternative, Remittix looks promising.
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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.
