Solana price action is showing weakness as SOL trades near $180 after pulling back from its $208 peak in July. Technical analysts warn that SOL could retest $100 support before making any push toward the $300 psychological target.
Long-term charts illustrate that the cup-and-handle pattern is getting bullish, but short-term indicators are showing signs of bearish divergence and less momentum, which will lead to a correction.
Such uncertainty is driving investors to reallocate cash into more early stage crypto investments and payment-oriented tokens with an apparent utility and more consistent returns. This is where Remittix shines and savvy whales are already on the train.
Solana Price: A Correction Likely Before Recovery
Solana is at the forefront of many trading terminals as institutional players ramp up activity on the high-speed, low-cost blockchain network.
Recent Solana news highlight major crypto staking on SOL by ARK Invest and large treasury purchases of SOL tokens, bolstering confidence in the platform’s long-term viability.
Conservative Solana price models forecast limited upside to $190–$200, while the bullish outlook still sees $300 later this year.
However, declining DeFi TVL and weakening network activity add to concerns that a retest of $155–$160, or even $100, may come first.
Trading volumes remain high but reflect distribution rather than accumulation, suggesting profit-taking by institutions. If Solana price fails to hold its current $175–$180 support zone, deeper selling pressure could further delay any meaningful breakout.
Remittix: Payment Utility Driving Investor Interest
Solana price targets are mixed with a period of short term consolidation being the main theme but Remittix (RTX) is soaring with its PayFi infrastructure built for the $190 trillion global remittance market.
The crypto staking platform’s September wallet beta will allow instant crypto-to-bank transfers across 30+ countries, addressing the needs of businesses, freelancers, and migrants.
With over $17.8 million raised and 573 million tokens distributed, institutional investors are betting on Remittix’s ability to secure market share in global payments a segment largely untouched by layer-1 chains.
Why Remittix Is Sure To Outperform Many Defi Projects
Unlike Solana’s dependence on DeFi adoption, Remittix generates revenue directly from cross-border transactions. Each transfer burns RTX tokens and shares revenue with stakers, creating deflationary pressure and rewarding long-term holders.
With a massive $250,000 giveaway already underway for early believers, Remittix is already demonstrating real-world traction and staking its name as a low cap crypto gem.
For investors seeking the best crypto to buy now, RTX’s sustainable tokenomics and upcoming wallet launch make it a strong alternative to the volatility facing Solana. Get in now!
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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