Crypto traders are watching closely as the Solana price builds momentum toward the $200 mark. The recent rally has lifted the altcoin more than 12% since the weekend, with bullish sentiment returning across the market. At the same time, Remittix has stolen headlines after smashing 500% gains from its early stage price, raising over $18.4 million from the sale of more than 585 million tokens at $0.0895 each.
Solana Price Pushes Higher Amid Market Optimism
Source: TradingView
Sellers tried to pull Solana below the 50-day SMA at $163 this week, but buyers held firm. This week Retail liquidity flooded into the market causing the trading volume to reach $4.4 billion and pushing the price of Solana towards the 20-day SMA of $178.
A break up beyond this may take the SOL/USDT pair to 195 with resistance at 185 likely to be broken provided the momentum is maintained. The bulls have strong support between the 50-day SMA and 155 so this is the zone where the bulls have to take a stand. If Solana price slips below it, losses could extend to $144 or $137. For now, the trend has turned positive, supported by optimism over potential U.S. interest rate cuts and policy changes that could open the $9 trillion 401(k) market to crypto investments.
Remittix Builds on 500% Gains
Remittix is not just growing in value. It is reshaping what a PayFi token can achieve in a real-world setting. The project aims to make cross-border payments as fast and simple as sending an email. The upcoming wallet beta launch in September will offer a mobile-first platform with instant FX conversion and support for more than 40 cryptocurrencies. The $250,000 giveaway is energizing the community, attracting thousands of new participants while rewarding early adopters.
Here is why Remittix is gaining momentum:
- Transfers directly to bank accounts in 30 or more countries
- High-speed transactions with competitive fees
- Merchant tools that enable global payment acceptance
- Infrastructure designed for long-term scalability
- Strong alliances with payment and fintech partners
In brief,Solana price could reach $200 soon if the breakout continues. Remittix, backed by utility, innovation and strong community engagement, may prove to be the project that leaves the competition behind in 2025. With 500 percent gains already achieved, Remittix has shown it can deliver results while building a foundation for sustained growth.
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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