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If you’ve been following the Solana price chart closely, it has been hovering around the $185 zone since late last month. But lately, enthusiasm is flipping into frustration as it looks like Solana is starting to lose momentum and heading towards the bearish side.
While some traders are uncertain about their next move, others are focusing on newer, more functional options, such as Remittix (RTX).
This piece details what’s happening: why SOL is stalling, and whales are turning their attention to RTX.
Solana’s $200 Resistance Is Collapsing
Solana’s push above $200 felt like a high tide. But then:
- Traders struggled to stay above that level, and SOL slipped back toward $184 as on-chain data flagged hesitation.
- Metrics like “liveliness”, which monitors long-term holders’ trading activity, shot up. That typically signals older investors selling.
- New address creation is also falling. Fewer buzz, fewer buyers.
Add in weak inflows and slim trading volume, and Solana’s price breakout is looking more brittle by the day.
In scenarios like this, when altcoin cycles change, flows shift fast as smart money starts to scan for something else. Merely being well-known isn’t enough.
Institutional players are starting to lean toward projects with real-world utility and clear, upcoming catalysts. And when a newer bet fits those criteria, without sacrificing upside, it gets on the radar.
The Dark Horse: Remittix (RTX)
Many are calling Remittix the “Ethereum of Payments”, but not in the usual bloated narrative sense.
Here’s what’s making it stand out:
- Tangible utility: It’s about sending crypto-to-fiat across borders without painful delays or fees. That’s real, everyday value.
- Presale traction: Over $19 million raised, and closing in on the $20M mark that will spark its first exchange listing.
- Proof of work: Secured a CertiK audit, Q3 beta wallet launch is underway, covering Ethereum and Solana networks.
- Huge giveaway: The Remittix team is currently hosting a $250,000 crypto giveaway to bolster campaign efforts.
- Momentum shift: Reported inflow from Solana and crypto whales looking to rotate capital into something new and practical.
This isn’t hype, it’s a pattern of execution intersecting with utility.
So, What’s the Best Crypto To Buy Right Now?
Yes, Solana’s a heavy hitter. If it rebounds strongly from $185, that’s bullish across the altcoin space. But what’s interesting now is this: as Solana hits resistance, smart money isn’t leaving crypto; they’re simply rotating.
And with Remittix serving up a real use case and clear launch timeline, it’s hard not to see why it’s becoming the go-to altcoin for many.
Discover the future of PayFi with Remittix by checking out the 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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