Amidst the flood of new projects currently entering the crypto space, only a few have caught the attention of investors. Solana (SOL) whales are currently pivoting to a new altcoin called Remittix (RTX).
This altcoin is creating ripples in many ways, raising over $6.9 million in funding and onboarding more than 6k wallets. Currently priced at $0.0334 after increasing by more than 300%, top experts believe Remittix is the best altcoin to buy for a 25x pump as the PayFi giant looks to transform the $190 trillion cross-border payment landscape.
Solana (SOL) Aims Higher As RSI Stays Average
The Solana coin has been resilient in the past few days maintaining a price above $200. According to CoinMarketCap, the value of the altcoin has risen by 22.1% in the last one week.
The gains also extended to higher time frames like the weekly and monthly levels. Going forward, the future looks bright for Solana (SOL). The Trump administration promises to release crypto-friendly regulations which could lead to more adoption.
Also, the chances of a Solana ETF approval are now higher. CW acknowledged the rise in the trading volume of memecoins as the factor for SOL’s latest uptrend.
They predict the value of SOL could surge to $424 in the coming weeks. However, the analyst highlighted a very strong sell wall at $272. Crossing it could determine the price trajectory of the Solana crypto.
Another analyst who is bullish about SOL is Emily who noted that the Solana price is currently in discovery phase and could soar to $300 soon.
In the meantime, technical indicators support a potential upsurge. The Fear and Greed Index currently shows Greed which means buyers’ interest is still high. Also, the relative strength index is above 60 which means that bulls have the upper hand.
Remittix (RTX), The Payment Gateway For Crypto-to-Fiat Cross-border Transactions
Remittix (RTX) is an innovative project that combines cryptocurrency with fiat money to allow users to transfer money worldwide with unmatched convenience. As a payment gateway, Remittix enables people and companies to exchange more than 50 cryptocurrencies for fiat money and deposit it in any bank account globally, thus connecting the digital currency world with traditional financial systems.
The main innovation of Remittix is the PayFi ecosystem, which combines the benefits of decentralized finance (DeFi) and the use of payments that are familiar to everyone. This integration enables real-time, secure, and cheap cross-border transactions without the use of third parties.
Customers can link their digital wallets to the platform, enter the recipient’s bank details, and perform transactions that are completed in a short time, in some cases, taking not more than fifteen minutes. The recipient gets the money in his or her desired fiat currency without knowing that the payment is from cryptocurrency.
Another aspect of the Remittix service that should be mentioned is its complete absence of hidden fees. Most international transfers are costly, and they come with many concealed charges, and uncompetitive exchange rates; however, Remittix has a flat rate with no extra charges for exchange or wiring services. This makes it possible for the sender to send exactly what the receiver gets, making it a cheap method of sending money for both the individual and the business.
Meanwhile, RTX is the native token of the Remittix platform and is used as the primary means of the platform’s functioning. It helps in making transactions and provides the holders with advantages like lower fees and voting rights. The RTX token is currently available for sale at $0.0334. Smart investors are already capitalizing on this low price to join the project.
Why Are Solana Whales Bullish About This DeFi Token?
Remittix aims to transform the $190 trillion cross-border transfer market. Its goal is to make international payments cheaper and faster for individuals and merchants. This usage is expected to increase the value of the RTX coin, making it a good cryptocurrency to buy.
Join the Remittix (RTX) presale and community:
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