Solana’s price traded above the $200 level within the last 72 hours. Some market participants are watching whether buyers can sustain momentum toward the $250 area in the coming weeks, while others continue to discuss near-term scenarios for SOL as broader crypto market conditions evolve.
This article also references Remittix (RTX), a project that describes itself as focused on cross-border payments. The discussion below summarizes publicly stated project updates alongside recent SOL price commentary.
Solana price outlook: key levels traders are watching
Some analysts have described SOL’s current market structure as constructive into year-end, citing factors such as institutional interest and anticipated network updates. These views are inherently uncertain and do not guarantee future performance.
Solana price is currently hovering near $220 at press time, recording a 9.47% move in the last 72 hours. During this period, trading volumes increased from $3.3 billion to about $10.8 billion. The article also cites on-chain metrics including TVL, noting that the total value locked on the Solana blockchain rose by 31% over the past month and more than doubled since the final trading sessions of Q2.
From a technical viewpoint, some chart-watchers have pointed to a V-shaped pattern and a potential neckline around $252, though technical setups can fail and should be interpreted cautiously.
Source: Cointelegraph
Whether SOL can move above or hold these levels will depend on broader market conditions, liquidity, and risk sentiment, among other factors.
Remittix: project claims and recent updates
Remittix (RTX) is described by the team as a payments-focused project aimed at cross-border transactions. The project’s materials and marketing communications have highlighted the following items:
- Product Progress: The project says a beta wallet is scheduled to launch on September 15.
- Token distribution activity: The team reports that 24.8 million RTX tokens have been allocated in pre-market activity; these figures are project-reported and not independently verified here.
- Exchange listings: The team has referenced planned listings on BitMart, LBank and other centralized exchanges, which may or may not occur as described.
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.
