Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Zohran Mamdani may become a NY mayor | Why X push against him?

    July 2, 2025

    BitcoinCore website hosts letter from one side of OP_RETURN debate

    July 1, 2025

    European fintech Spiko integrates Chainlink’s CCIP for $380m money market funds

    July 1, 2025
    Facebook X (Twitter) Instagram
    Wednesday, July 2
    • About
    • Contact us
    • Privacy Policy
    Facebook X (Twitter) LinkedIn YouTube
    Blockchain Echo
    Banner
    • Lithosphere News Releases
    • Bitcoin
    • Crypto
    • Ethereum
    • Litecoin
    • Altcoins
    • Blockchain
    Blockchain Echo
    Home » Solana flips Ethereum on nearly every metric: Another crypto to watch
    Crypto

    Solana flips Ethereum on nearly every metric: Another crypto to watch

    John SmithBy John SmithJanuary 25, 2025No Comments4 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email



    Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

    Analyzing Solana’s recent surge and Remittix as another crypto to watch.

    Solana (SOL) is regaining strength after its blockchain experienced record-high DEX volumes on January 19. Although SOL is yet to hit the $300 price level, analysts are optimistic that the rally will continue for the next few weeks.

    Meanwhile, another DeFi altcoin is dominating the headlines; the new Remittix PayFi protocol. By looking to simplify cross-border payments and remittances, Remittix is attracting thousands of new investors during its presale. 

    Solana continues rally amid increased demand

    Solana reached a new all-time high price of over $290 on January 20 after the release of Donald Trump’s TRUMP token on its blockchain. After this rally, Solana’s price saw a minor correction though investors remain bullish. The SOL/USDT monthly chart also confirms the bullish theories as Solana recently broke out of a cup and handle pattern. 

    Solana’s social dominance has also peaked in the last seven days. With more conversations around Solana, analysts expect SOL’s price to increase because of high demand. Solana’s decentralized exchange volume also surpassed $27 billion on January 19, which was more than BNB Chain and Ethereum combined. 

    If the bullish trend continues, it could positively impact Solana’s price. Solana currently trades for $256.43 after a 24-hour increase of 16.82%. Since Solana’s Momentum Indicator reflects bullish dominance on the daily chart, Solana’s price could test the critical $300 resistance soon. 

    Remittix attracts massive capital inflows

    Remittix is a PayFi altcoin designed to make cross-border payments simpler than ever before. In the early stages of its presale, Remittix has accumulated over $5.4 million, with a massive adoption rate. 

    Remittix’s appeal lies in its aim for seamless crypto-to-fiat conversion within 24 hours and the removal of hidden fees. Using the platform individuals will be able to convert their cryptocurrency into fiat and deposit funds in local bank accounts without third-party intermediaries. 

    User security is the top priority on Remittix as the platform will use a fully audited smart contract to process every transaction. With no central authority, Remittix ensures that each transaction is peer-to-peer and has no banking restrictions. Remittix is also committed to transparency because the platform uses blockchain technology to provide a public ledger for all transactions made on the platform. All payment records are 100% immutable, enhancing user trust in Remittix’s new PayFi ecosystem.

    Remittix will further support cross-border e-commerce transactions through its Pay API. Merchants will be able to use Remittix to receive payments in cryptocurrency from customers and cash out in 30+ fiat currencies or 50 different cryptocurrency pairs. The user-friendly Checkout feature will give customers the same level of security as traditional payment methods, putting Remittix at the forefront of DeFi. 

    The Remittix PayFi ecosystem is powered by a native RTX token, which will offer utility and governance rights to long-term investors. VIP-tier holders will enjoy staking rewards with up to 18% APYs as well as premium voting privileges that convert them from investors to significant stakeholders in the Remittix ecosystem. 

    Given Remittix’s user-first approach and low-cost payment solution, analysts expect this new PayFi protocol to outshine Solana’s blockchain. As Remittix bridges the gap between traditional and digital currencies, the RTX token is expected to record several demand-induced price jumps. 

    Currently, RTX tokens are selling for $0.0297, giving traders a lower entry point before the price increases in the next presale phase. 

    For more information on Remittix, visit their website or online community.

    Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleTRUMP favored on Chinese crypto exchanges in early trading
    Next Article Ethereum.org 2024 Translatathon recap | Ethereum Foundation Blog
    John Smith

    Related Posts

    Zohran Mamdani may become a NY mayor | Why X push against him?

    July 2, 2025

    European fintech Spiko integrates Chainlink’s CCIP for $380m money market funds

    July 1, 2025

    Not all Bitcoin holding firms will avoid death spiral

    July 1, 2025
    Leave A Reply Cancel Reply

    Top Posts

    🐍 Lunar New Year Scratch & Win Campaign Is Live with a Grand Prize of 8,888,888 VERSE (~$1800) | by Bitcoin.com | Jan, 2025

    January 24, 2025

    Trade VERSE/USDT on KuCoin to Earn your Share of $8400 in Rewards! | by Bitcoin.com | Jan, 2025

    January 24, 2025

    Boost Your Crypto: Up to 30% Cash Back! | by Bitcoin.com | Jan, 2025

    January 24, 2025
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews

    Subscribe to Updates

    Get the latest tech news from FooBar about tech, design and biz.

    About Us

    Stay updated on the world of cryptocurrency
    Your one-stop source for daily crypto news and insights
    Blockchainecho.info: Your trusted daily crypto companion

    Most Popular

    🐍 Lunar New Year Scratch & Win Campaign Is Live with a Grand Prize of 8,888,888 VERSE (~$1800) | by Bitcoin.com | Jan, 2025

    January 24, 2025

    Trade VERSE/USDT on KuCoin to Earn your Share of $8400 in Rewards! | by Bitcoin.com | Jan, 2025

    January 24, 2025

    Boost Your Crypto: Up to 30% Cash Back! | by Bitcoin.com | Jan, 2025

    January 24, 2025
    Copyright © 2025
    • Home
    • Buy Now

    Type above and press Enter to search. Press Esc to cancel.