The latest Solana news reveals SOL has been a victim of intense selling pressure, slipping past key support levels. On the other hand, Cardano price trajectory has also suffered from the volatility of the overall crypto market. Wary of further losses, investors have begun to trim their losses and show interest in tokens in the trenches.
One such token is Remiitix (RTX). Since entering the market, Remittix has been a standout performer. As one of the most sought-after projects in today’s market, Remittix has done the right numbers, raising over $14.2 million in investor crowdfunding through its ongoing ICO.
Experts urge investors to accumulate RTX tokens, favoring the project’s replication of this success when it launches. In the following sections, we will reveal the latest reports on Solana news, analyze Cardano price charts to see if there are any potential drops and examine why market experts back Remittix as one of the best tokens to buy.
Solana News Update
Since the start of 2025, Solana’s price trajectory has suffered from market volatility, moving up and down the charts. At the time of writing, Solana hovers above the $125 support, reflecting a 57.2% dump from its highest price point this year (i.e., $294.33, recorded on January 19). SOL recently saw a sharp pullback after breaching the $145 resistance last Tuesday.
Analysts believe SOL’s sudden surge was a bull trap, setting the stage for a further price drop. Upside momentum has dampened, and lower highs are forming on multiple timeframes a trend that usually precedes a steeper correction. Network activity and 24-hour trading volume have also started dipping, leaving the Solana price action on the brink of a crash. Meanwhile, technical indicators show there is room for more sell-offs from investors as we approach April.
Moreover, the anticipated Solana event, which is supposed to take place in New York from May 19th to 23rd, has failed to ignite the expected level of excitement among members of the Solana community. With all these factors in view, analysts fear Solana might trade below the $100 price level for the first time since last February.
What’s Next For Cardano Price Action?
After surging by early last week, Cardano price momentum has hit the brakes, cooling off with a double-digit correction. At the time of writing, ADA stands at around $0.6676, reflecting a 13.5% drop from its highest price point last week. This price reversal has taken Cardano price closer to its month-low. As Q2 approaches, the odds for Cardano price to start April with upside momentum remain high. Moreover, macroeconomic uncertainty and rising risk-off sentiment have added to the concern. As a result, analysts believe it would take a while for Cardano to see any significant upward movement.
Remittix is Proving to be One of the Best Buys
The innovativeness of new solutions in different parts of the market has significantly narrowed the gap between cryptocurrency and traditional financial systems. Remittix (RTX) is the latest payment network to take this to the next level by bridging a multi-trillion-dollar market gap in the DeFi space.
Remittix is a new payment network that caters to both crypto-to-crypto transfers and direct crypto-to-fiat payments. A solution that offers both aspects of trade to market participants and businesses is expected to grow in market demand and subsequently experience a moonshot.
The crypto-to-fiat gap is currently valued at approximately $183 trillion and experts are confident that Remittix will capture a massive chunk of this huge market, making it one of the best buys in the market right now.
Investors have wasted no time flocking into Remittix to purchase as many RTX tokens as they can add to their portfolios. According to the latest data from Remittix’s official website, over half a billion tokens have been sold in its ongoing presale, translating to approximately $14.2 million in investor capital. The Remittix presale has kept its price below $0.1, allowing retail investors like yourself to rack up as many tokens as possible before RTX begins its 100x ride to the moon.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Editor-in-Chief of CoinCentral and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact Oliver@coincentral.com
