Several factors influenced the Solana price hike over the summer, from a Bitcoin boost early in July to talks of Solana ETFs. Since then, Solana has been able to secure a position above the $200 level mark, although even that has been called into question lately.
Why? The SOL token is stagnating around $200, and a new token is making it to the top of the DeFi charts. Remittix has become the investors’ favourite, and it will be tough to squeeze a Solana spike from this cycle.
Here’s more on the Solana price situation.
Solana Price: SOL Sits At $203
The price surge during the summer edged Solana into a bullish trend, one that saw the token move from its $150 valuation up to $200.
Now, the SOL token seems to be stagnating around the $200 mark, even while $197 has been identified as a key support level for the Solana price. The hype on Solana ETFs, accumulation from whales, and the Federal rate cuts expected in September all contributed to the token price spike at the time.
But with recent lukewarmness on the Solana price charts, many traders are starting to watch the support closely. If SOL crashes below $197, most traders will sell off, causing an even bigger price dip.
Whereas, a sustained valuation above the support level could see Solana hit new highs. Recent data shows that a whale moved over 3.6 million SOL out of Binance, indicating even more accumulation.
Still, investors are still a lot more inclined to buying Remittix tokens. In fact, the RTX tokens have been selling out since January, and they have only gotten more valuable.
Here’s why.
Remittix: Crypto Folks Anticipate Launch 
Crypto traders are anticipating the Remittix project eagerly, and for good reason. The RTX coins have risen significantly since the start of their presale, and the project is getting ever closer to launch.
Remittix plans to streamline crypto withdrawals, allowing users to send their tokens directly into any fiat bank accounts globally. The RTX platform already supports some of the popularly traded fiat and cryptocurrencies, ensuring that no one is stranded.
The best part is that the project will launch on the Ethereum blockchain. And with that come certain perks like:
- Faster, more secure transactions.
- Cloaked transactions, so no one can trace where the transaction is from.
- Reduced gas fees and ZERO bank charges.
With the Remittix platform set to go live in Q4 this year, and exchanges already listing Remittix, buying RTX coins is top of every expert’s best investment picks for the rest of the year.
Secure Your Stake in PayFi
Each RTX coin goes for just $0.105, and about 50% of them will be rolled out along with the Remittix launch this year.
There are massive returns expected on Remittix, and now’s your best chance to start stocking up on RTX tokens.
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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