Solana joined the top trending cryptos last month, eventually stepping out of its poor run in the past six months. Crossing the $200 mark was colossal for the Solana price, but the bulls are pulling out of SOL investments now.
The Remittix project is already charging among the top trending cryptos, eager to prove its worth against tokens like Solana.
It will be DeFi Vs PayFi in a few days; can Solana withstand the pressure?
Solana Price Momentum Dips After Dip
SOL’s rise to $200 in the past month has been the subject of many theories. While opinion is scattered at the moment, the Solana price remains one of the top trending cryptos this month.
There was token accumulation, interest from crypto bulls, and the hype from Solana ETFs. All that took the Solana price to $209 from about $150, crushing a lot of resistance levels along the way.
Now that the SOL token is trending downwards, everyone is starting to question the spike initially. The SEC has postponed the decision on Solana ETFs till November, and the bulls are starting to lose interest.
The Solana price is trading at about $184.27, losing most of its weekly returns and Open Interest. And there’s Remittix on the side, looking ready to burst into the limelight.
Remittix Vs Ripple: A Battle In PayFi Crypto
The new RTX project will be a direct competitor against Ripple for the traders looking to utilize PayFi features. For one, Ripple’s utility has been employed more by companies looking to make cross-country transactions.
For Remittix, the users will be able to get their crypto assets liquidated directly into fiat bank accounts without the need for intermediaries. The APIs on Remittix provide a straightforward path for asset transfer from crypto hot wallets into any fiat bank account, all requiring only the account details and gas fee payment.
With a utility like that, it’s only a matter of time before the Remittix platform takes over crypto payments globally. Like SWIFT, Remittix will be a portal for crypto users to transfer their crypto assets as payment for goods and services online.
Remittix is looking to break into a trillion-dollar sector, as SWIFT was estimated to be processing about $5 trillion daily in 2023. It’s why investors are all over the RTX presale now, stocking up on Remittix tokens at bargain rates.
Remittix Tokens Are Gold!
Get your RTX now! The tokens are selling fast at $0.0922 each, and everyone thinks they are the steal of the decade.
Stock up on Remittix tokens and await launch day!
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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