Solana’s latest dip saw SOL slip under $220, before a slight recovery to a high of $224. The dip followed the broader market downturn as a mix of macroeconomic factors, including a bearish stance from the Fed’s Chair.
Separately, the token sale for Remittix (RTX) has reported raising more than $26.2 million. Some market commentators have suggested the token could see strong performance in 2025, though such projections are speculative and outcomes can differ materially.
Solana Price Prediction: Support Under Pressure
Solana trades around $222 after a sharp move lower over the past 24 hours. The decline has renewed discussion about near-term support and resistance levels.
Solana Price Chart | Source: CoinGecko
Technical indicators provide mixed signals. RSI is near neutral at 51.15, while MACD shows bearish divergence, which some traders interpret as short-term weakness. SOL remains above its 50-day ($204.62) and 200-day ($164.07) simple moving averages.
Some analysts have published year-end targets around $300 if support holds near $199.32, but price targets are uncertain and can change quickly. The $225–$200 area is a commonly cited zone to watch for potential shifts in momentum.
Remittix overview and project claims
Alongside discussions about Solana, some market participants have pointed to Remittix (RTX), a newer payments-focused project, as one of the tokens they are watching for 2025. Any such expectations remain speculative.
According to the project, Remittix is designed for cross-border payments. It says users can send more than 40 cryptocurrencies, and that recipients can receive fiat in 30+ countries, with transfers typically settling within 24 hours. These capabilities and timelines are project-reported and may vary by corridor, bank, and compliance checks.
The project says a beta wallet launched on September 15 and includes real-time FX quotes and transfer features. It also reports that its token sale has raised $26.35 million, with 668M tokens sold. A Certik audit page is referenced by the team, and the project states liquidity is locked for three years; readers should treat such claims as informational and verify details independently.
Referral program and other marketing incentives
Remittix also describes a referral program and other marketing incentives related to its token sale, including rewards paid in USDT to eligible participants. Terms, eligibility requirements, and reward mechanics can change and may not be available in all jurisdictions.
The project has also referenced potential exchange listings. Listing discussions are not guarantees, and timelines can shift depending on exchange requirements and market conditions.
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.
