The crypto market is in constant motion, and Solana news today is drawing attention as the popular blockchain project experiences declining trading volumes. While Solana (SOL) remains a key player, some market participants are also discussing Remittix (RTX), a separate project currently conducting a token sale.
Solana News Today: Price Holds, But Trading Volume Slips
Solana is currently trading around $223. Over the past few weeks, SOLs trading volume has dropped by more than 20%, raising questions about near-term market activity. According to Arkham Intelligence, DeFi Development Corp (DFDV), a NASDAQ-listed company that describes itself as a Solana treasury company, recently acquired 104,379 SOL, valued at over $22 million. Arkham data indicates the purchase was completed through two large on-chain transactions via Bitgo and Kraken.
CoinGlass data shows Solanas open interest (OI) rose by 8% in the last 24 hours, reaching $14.68 billion.
From a technical perspective, some analysts are watching the $220 level. Any projected price levels above or below current prices are speculative and may not reflect future market conditions.
source: @CryptoGodJohn on X
Separate from SOL market data, some online posts and promotional materials have also pointed to smaller projects, including Remittix.
Remittix: Project overview and recent updates
Remittix is a project focused on payments-related use cases, according to its published materials. The team says it has raised close to $25 million through the sale of 655 million tokens at $0.1050 each. These figures are project-reported and have not been independently verified.
The project has highlighted the following milestones:
- A first centralized exchange (CEX) listing it says is confirmed for BitMart.
- A second CEX listing on LBank, announced by the project after it reported surpassing the $22 million fundraising mark.
- A planned Beta Wallet launch on September 15, 2025, which the project says will support dPayFi transactions.
- Plans for a broader ecosystem intended to support real-world usage, as described by the team.
Conclusion: A shifting market dynamic
Solanas recent change in trading volume is one of several indicators traders watch when assessing market activity. In parallel, marketing campaigns for newer projects such as Remittix continue to circulate online; as with any token sale or early-stage project, readers should approach claims cautiously and verify information via primary sources.
Project links (for reference):
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
This article contains information about a cryptocurrency token sale. This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.
