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Solana and XRP surge on bullish breakouts and ETF rumors, while newcomer Remittix gains momentum with a massive presale and DeFi disruption.
Solana (SOL) and XRP are once again in the news with stunning gains after technical breakouts and bullish rumors about crypto ETFs.
Remittix, the new contender, however, is gaining traction with huge presale funding despite market challenges. We examine SOL’s push towards $170, XRP’s rising institutional demand and Remittix’s ascent to the top as a DeFi challenger.
Solana: Technical analysis and $170 ambitions
Solana’s bullish trend continues to face strong resistance at Fibonacci levels. SOL touched $144.92 last week but faced selling pressure near the $145–$150 levels. A definite break above $150 would witness a rally towards $162 and $170.
On the negative side, strong support is at $134, with additional cushions at $132.49 (0.618) and $129.56 (0.764). A fall below $125 would confirm a move into bearish waters. Technical indicators provide mixed signals, with the RSI falling below 50 while MACD indicates bearish divergence.
This implies possible consolidation before any sustained advance. However, rumors that Fidelity will file a Solana spot ETF attract institutional attention, potentially pushing the token if the filing eventuates.
XRP: Institutions, ETFs and the US market
XRP is surfing on optimism with rising inflows and an 86% chance of US spot ETF approval by December 2025, according to Polymarket.
Approval could attract institutional investors, triggering a “supply shock” that drives prices up. Edo Farina and others warn against sudden spikes, especially if Ripple rises in the US market.
Ripple CEO Brad Garlinghouse applauds a more friendly regulatory environment that may restore US crypto leadership.
Such clarity may see XRP surpass $3, but pending litigation or macro concerns may drag it below $2. XRP is currently around $2.45, underperforming the market but with bullish potential if the ETF and legal hurdles are cleared.
Remittix: The cross-border payment disruptor
While XRP and SOL fight technicals and ETF news, Remittix shines. Its platform solves a $190 trillion remittance market with slow transfers and costly fees. With over 40 cryptos to be exchanged with no hidden fees, Remittix offers an alternative to traditional bank wires.
The presale buzz is testimony to this appeal. Having sold 522 million tokens and raised $14+ million, with early investors at $0.0734 enjoying quadruple-digit gains, analysts foresee another 200% rally if the project sustains its momentum.
Remittix’s focus on secure and speedy settlements appeals to both users and businesses, especially with its pay API for fiat crypto payments. This functional approach and robust security on a public ledger have put Remittix at the forefront of DeFi conversations.
Where the market could head next
Solana must overcome $150 resistance to target $170, yet a failure could trigger a retracement toward $135 or lower. XRP’s fate hinges on ETF approvals and evolving US regulations, which could either spark a rally above $3 or send prices reeling if progress stalls.
Both tokens benefit from ongoing institutional interest, but face potential setbacks tied to macroeconomic shifts or sudden market corrections.
Remittix builds momentum by addressing everyday issues. Its cross-border solution appeals to traders who seek token utility beyond speculation. Each presale funding milestone works to demonstrate that affordable DeFi can thrive even when aging coins falter on technical or regulatory fronts.
Investors like proven assets like SOL and XRP for high returns, but Remittix presents a strong alternative with real utility and fast adoption. If the trend continues, it can catch up with top tokens by 2025, even surpassing traditional ones.
To learn more about Remittix, visit its website and socials.
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