2 days ago
7 ARTICLE AD
The market appears to be relieved from the grip of bears after prolonged trading sessions in the red zone. Long traders and investors who have endured consecutive losses are now getting to breathe. Solana and other top altcoins have shown signs of recovery and with the pro-crypto stance of the new administration. However, a top analyst believes Solana’s recent uptick would be short-lived and the token might plunge by over 25% in April.
Meanwhile, investors are buzzing with excitement after the U.S. SEC has lined up four upcoming roundtables on tokenization, DeFi and custody. And speaking of DeFi, a new payment network is stirring market sentiment with its unique DeFi capabilities: Remittix(RTX). Investors' interest in the project has skyrocketed and since its ICO went live, it has sold over half a billion tokens.
Experts are betting big on Remittix and forecast massive profit margins of up to 100x before the final quarter of 2025. But why are these experts bent on the successful market debut of this new payment network and could it rival established networks like Ripple’s XRP and Stellar's XLM? Let's find out.
Solana Price Prediction
After a protracted period of sideways and downward movements, Solana bulls are starting to gain ground against the bearish pressure the token has suffered for more than a month. Solana’s recent price action clearly indicates a shift in market sentiment. Price charts show SOL is trading above $120, reflecting a modest 2.48% weekly surge after suffering a 24-H 5.56% correction.
Earlier this week, SOL's price hovered around the $145 price point after printing five consecutive green daily candles. Within this timeframe, Solana breached the upper Bollinger Band (BB) for the first time since it peaked at an all-time high in November 2021. However, a renowned analyst believes the recent spike is short-briefed and that the token’s trajectory will reverse. According to him, bears could come out up top early next month, leading to a potential 30% market crash.
While data from Santiment shows that sentiment surrounding Solana has flipped positive, fueled by institutional interest and technological advances, he believes the sentiment surrounding the project is not as strong as it used to be.
Remittix (RTX): A Successful Market Debut Awaits
Remittix strategically combines local payment networks with blockchain technology to create seamless and instant crypto-to-fiat transactions. This innovative method of operation adds weight to the relatively new payment protocol's potential to outperform established global networks like Ripple. Ripple’s XRP, which continues to struggle with regulatory scrutiny, could lose a multi-trillion-dollar market gap to Remittix this year.
The arrival of Remittix in the market would flip the current narrative associated with crypto-to-fiat transactions. This innovative platform would put an end to the plague of long waiting days and excessive transfer charges that millions of businesses and entrepreneurs have had to endure when making cross-border payments. In doing so, it would secure a significant stake of the $183 trillion market; hence, it's no surprise that experts are betting big on a successful market debut for Remittix.
Experts are confident that Remittix's global economic inclusion is another undisputable factor in its quest for market dominance. The platform covers over 40+ crypto assets and operates in both developed and underbanked regions of the world. This broad range of operation would include certain parts of the world that have been isolated in the use of cryptocurrencies, improving B2B cross-border relationships and crypto adoption on a global scale.
Moreover, Remittix uses a flat-fee model, which contradicts how other payment protocols cater to cross-border payments. The strategic inclusion of the flat fee model implies that recipients will receive the exact funds sent without deductions, such as wire charges. Until now, the unavailability of a solution like Remittix with such an inventive model has significantly cost businesses when dealing with multiple transfer charges; RTX will flip this narrative.
RTX tokens are currently selling for $0.0734; grab your tokens today and LAMBO 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.
