Cryptocurrency

Solana Price Prediction: SOL Price Could Dump Under $200 As Remittix Rallies During Latest Crypto Crash

Written By : IndustryTrends

The latest crypto crash has shaken markets, with Solana (SOL) slipping dangerously close to key support levels. Analysts warn the Solana price prediction could soon turn bearish under $200.

Meanwhile, Remittix (RTX) continues to rally in presale, attracting capital as traders look for safer growth plays.

Solana Price Prediction: $200 Test Looms

Solana trades at $221 after a sharp 10% decline in the last 24 hours. Heavy liquidations totaling $1.7 billion across the market dragged SOL down from $245 highs earlier this month.

Solana Price Chart | Source: CoinGecko

Technical indicators show cracks forming. The RSI has fallen below 50, suggesting waning bullish momentum. The MACD also flashes bearish signals, adding weight to the downside risk. Analysts warn that a clean break below $200 could open the door to deeper losses before any recovery attempt.

While Galaxy Digital’s $306 million treasury purchase locked up over 17 million SOL, offering long-term support, the immediate Solana price prediction still points to caution. Bears remain in control unless SOL can reclaim $240 resistance with conviction.

Remittix Presale Rallies Amid Market Crash

As Solana price prediction tilts bearish, Remittix sees the opposite: growing momentum. Its presale has already raised over $26.3 million, with over 668 million tokens sold as it nears listings on centralized exchanges like BitMart and LBank.

Unlike speculative tokens, RTX focuses on real-world payments. Its PayFi network is designed for frictionless cross-border transfers that settle in under 24 hours.

Key features include:

  • Support for 40+ cryptocurrencies

  • Direct-to-bank transfers in 30+ countries

  • Flat fees with no hidden FX costs

  • Privacy by default as transfers appear like regular deposits

  • Beta Wallet is now active, with real-time FX quotes and tracking

This mix of utility and momentum is helping Remittix attract capital while the rest of the market struggles.

Why RTX Could Be the Next Early Solana

Solana was a little-known project with big promises in 2020. However, early believers saw life-changing returns as SOL became one of the top gainers in the 2021 bull run. Analysts now argue RTX could follow a similar path.

The $183 trillion payments market it aims to service is far greater than what nearly any DeFi or NFT sector offers. While Solana is now essentially an institution-backed setup, RTX is somehow building a retail-first offering that has actual immediate usability.

With a Beta Wallet already working, several community incentives set in place, a completed Certik audit, and great presale demand, RTX seems like a utility-focused project entering a giant market at the right time.

While the Solana price prediction finds support at around $200, RTX is now the child of infinite hype as a 100x project for this cycle, a unique rotation play in uncertain markets.

Discover the future of PayFi with Remittix by checking out their 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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