Following a little pullback in the market, the Solana and Cardano ecosystems have experienced a high sell-off from investors and whales. Simultaneously, an emerging PayFi solution, Remittix (RTX) presale, has raised over $18.1 million.
Investors seeking high returns are diversifying from the Solana and Cardano ecosystems. What potential does Remittix offer? Let’s see.
Solana (SOL): Plunging Prices and Technical Breakdown
These sell-offs came a few days after whale_alert reported that over 614 thousand SOL tokens worth 104 million USD were transferred from unknown wallets to a centralized exchange.
Historically, whale-sized SOL transfers to exchanges like this usually hint at looming sell pressure, not least when the market’s already on edge. This single transfer move makes up nearly 0.4% of all circulating supply, so it’s not a blip.
During the recent market pullback, SOL briefly breached support at nearly $154, hinting at a deeper downside. However, SOL price is steadily recovering. It tested the resistance around $170, with current support at $160.
SOL price needs to break through the $170 zone, flip it to support, and aim for $180 and beyond.
Cardano (ADA): Whales Exit, Price Sinks Below Key Levels
Cardano is also on the back foot. ADA has dropped over 15%, breached the $0.8 support, and now trades at $0.72. This signals profit-taking and large institutional sell-offs.
Although ADA has significant support at around $0.63, technical divergence and volume-backed selling suggest continuation of bearish momentum.
Yesterday, Ali Martinez also reported that $ADA could be due for another pullback as the TD Sequential flashed a sell signal on the 4-hour chart.
Why Investors Are Rotating into Remittix (RTX) Presale Amid Altcoin Weakness
Remittix (RTX) is an Ethereum-based real-world payments solution. Its token, RTis, is currently in presale, and the presale is nearing its $18.1 million soft cap.
The project aims to facilitate crypto-to-fiat transfers across 30+ countries, offering staking with zero transaction fees. Due to its utility, high investor demand, and transparency, RTX is being called one of the best crypto presale opportunities for 2025.
RTX presale offers investors an early-stage opportunity to position themselves ahead of a bullish run upon public launch and centralised exchange listing.
Presale Highlights:
- Recipients do not need a wallet; it’s fast, reliable, and does not have FX conversion problems.
- Direct crypto-to-bank transfers in over 30 countries
- Remittix has completed a full audit via CertiK to build user trust and allow transparency.
- 40% token bonus is still live for early backers.
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
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