Solana (SOL) could soon see an ETF filing from Fidelity, fueling hopes of bigger institutional inflows. Meanwhile, Cardano (ADA) moves forward with new upgrades, such as the Lace wallet integrating Bitcoin. Both tokens have their fans anticipating large returns.
Yet, a fresh altcoin named Remittix (RTX), currently priced at $0.0734, has already raised $14+ million and sold 521+ million tokens. Below, we explore why some analysts think RTX could outperform Solana and Cardano combined in 2023, potentially delivering 50x gains.
Solana’s ETF Hype and Bullish Moves
SOL at $133.62. Source: CoinGecko
Solana (SOL), currently trading near $133.62, spiked after Fidelity hinted at filing a Solana ETF in Delaware. A formal SEC submission could soon follow, much like recent BTC and ETH spot ETFs that opened the door to huge institutional activity. Solana’s daily volume sits at $1.65 billion, a testament to strong interest from both retail and big players.
Meanwhile, expansions in the ecosystem like new futures ETFs and Tron’s TRX going live on Solana kept SOL in the limelight. However, with a market cap of $68.21 billion, Solana might need a massive inflow of capital to jump further.
While Fidelity’s endorsement is promising, big tokens sometimes face slower price climbs since they’re already quite large. That’s why many people hunt for lesser-known altcoins that could leap in value more dramatically.
Cardano (ADA) Charging Ahead with BTC Integration
ADA at $0.7111. Source: CoinGecko
Cardano (ADA) trades near $0.7101, with the network focusing on new features like the Lace wallet’s integration of Bitcoin. This move broadens Cardano’s multichain plan, potentially benefiting from BTC’s large user base.
Charles Hoskinson sees bridging Bitcoin as a key step for dApps and advanced usage on Cardano. Meanwhile, earlier predictions place ADA above $7 in the long term possibly surpassing its all-time high of $3.099. Cardano’s strong community helps it remain relevant, and the team’s expansions, like the “OpenZepellin partnership,” indicate more partnerships might come soon.
Still, critics note Cardano can be slow to roll out major features. If the next bull cycle speeds up, bigger tokens like ADA might not climb as fast as smaller altcoins with more direct user adoption potential.
Remittix (RTX): Poised for 50x Growth?
While Solana and Cardano chase big partnerships, Remittix (RTX) takes a more straightforward path, targeting global remittances. At $0.0734, with $13.9+ million raised and 520+ million tokens sold, RTX could jump 50x if it becomes the go-to solution for cross-border payments.
The token lets you convert crypto BTC, ETH or DOGE into local currency, often in under 24 hours, deposited into a normal bank account. Think about a small business in India sending money to a supplier in Brazil: RTX can eliminate steep wire fees and multi-day waits.
This user-friendly approach is exactly what many families, freelancers and merchants want right now, not just advanced DeFi or NFT ecosystems. Observers say if Remittix signs major payroll or e-commerce deals or quickly racks up active users, it may rocket past its current price at a speed bigger market cap coins can’t match.
Conclusion: Which Coin Stands Out?
While Solana (SOL) might see extra inflows if Fidelity’s ETF plan gets the SEC nod and Cardano (ADA) keeps enhancing its network with Bitcoin integration, new altcoins can offer quicker gains. Remittix (RTX), priced at $0.0734 with $14+ million raised, fixes a real pain point: costly, slow cross-border transfers.
If that daily need drives widespread adoption, RTX might achieve the 50x surge that some big-cap tokens can’t easily replicate. Ultimately, whether you pick a proven giant like Solana or Cardano or a rising star like Remittix, your 2023 crypto success may hinge on identifying where real-world demand is booming.
Ready to Give Remittix a Go?
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.
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