Solana has been bouncing between strong support zones and key resistances for a while now. The recent sudden dip has further complicated the expectations of Solana bulls who are now torn between buying the dip or looking elsewhere.
One of the most viable options experts are considering for leverage in the current market is Remittix, a new PayFi star that continues to weather the bullish storm.
Where SOL Stands Now and What Analysts See
SOL broke through its $200 support zone on Friday as bulls failed to keep it afloat. Meanwhile, the $250 price zone is receiving a lot of attention as it appears to be a strong resistance level; however, analysts view a breakout above this level as a potential springboard for the next leg up.
Additionally, the massive selloff (details to follow) yesterday has caused a lower low to emerge on the SOL price chart, and analysts believe this signals potential downside targets reaching $146. But then, the SOL price could slip even further to $125 if deeper pullbacks emerge.
Which Cryptos Might Outshine SOL in October?
Just because SOL draws attention doesn’t mean it will outperform everything. Here are some cryptos to watch that could punch above their weight, especially in a month of rotation or surprise news:
- Remittix (RTX): Analysts are watching Remittix as it’s being positioned in the media as a high-upside play if SOL or large-cap infrastructure gets momentum. Some reports even suggest a scenario where if SOL hits $500, Remittix (from its current presale price of $0.113) could tap $5. It’s early, risky, but that’s precisely why it might outperform in a rally.
- Other altcoins/infrastructure plays include Layer-2s, interoperability chains, and payment rails; projects that benefit from ecosystem expansion. Additionally, meme-plus-utility hybrids, or tokens that combine narrative with utility features, exist. Then there are real-world rails, bridges, and cross-chain tools; these often attract capital when large chains become hot.
- SOL itself, if breakout materialises: SOL isn’t a throwaway. If it breaks decisively above the resistance, it may lead to increased momentum and attract significant capital inflows.
Remittix as a Hedge: Reality Check
Some investors are discussing Remittix as a hedge or alternative during this period of volatility. Perhaps you didn’t know, global markets and crypto were hit by the surprise tariff escalation between the U.S. and China this week, which resulted in one of the biggest single-day crypto selloffs we’ve seen. This event wiped liquidity out of speculative positions and turned the crypto space on its head. Let’s briefly discuss Remittix.
Here’s the full breakdown of the Remittix presale: terms, mechanics, and why many are eyeing it as more than just a speculative bet.
- Over $27.3 million has been raised so far in the presale phase, signalling strong investor interest and momentum.
- A 15% USDT referral reward is offered to encourage viral growth. That means if you refer someone to join the presale, you collect 15% in USDT based on their contribution. Rewards are typically claimable daily via the Remittix dashboard.
- Remittix has undergone a CertiK audit/security assessment, with favourable results and no major red flags.
- Team tokens and liquidity are locked/vested for extended periods (e.g. multi-year locks) to reduce early sell pressure and build investor confidence.
- The team has secured or is in the process of securing listings on exchanges such as BitMart and LBank, providing RTX with early liquidity access once the token launches.
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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