Solana Price Consolidates Around $200 As Analysts Back This Viral Altcoin Dubbed XRP 2.0 As The Next Big Thing

Solana Price Consolidates Around $200 As Analysts Back This Viral Altcoin Dubbed XRP 2.0 As The Next Big Thing
Written By:
Market Trends
Published on

As the Solana price consolidates near the $200 mark, institutional developments like the upcoming Nasdaq listing of SOL Strategies are sparking renewed interest. Yet while Solana solidifies its position, a fast-rising altcoin is capturing the market’s imagination. Remittix (RTX) is making waves with its real-world payment utility, centralized exchange listings, and a $250,000 giveaway ahead of its wallet beta launch on September 15. 

Solana Price Finds Stability Near $200 As Nasdaq Listing Signals Institutional Growth

The Solana price consolidates at $203. Although in the short term the movement is range-bound, recent events have sparked renewed institutional interest in the Solana ecosystem. Most notably, SOL Strategies, a Canada-based Solana infrastructure firm, has announced that it will begin trading on the Nasdaq under the ticker STKE starting September 9.

The listing marks a watershed moment for Solana’s on-chain economy. SOL Strategies already holds over 435,000 SOL in its treasury and manages validator nodes responsible for staking over 3 million SOL. 

The company’s Nasdaq debut is expected to accelerate validator growth and attract new capital into Solana’s ecosystem. With institutional-grade staking exposure, STKE aims to serve as a bridge between traditional finance and high-throughput blockchains.

Remittix Gains Steam as Analysts Compare It to XRP’s Early Days

Remittix (RTX).

While Solana consolidates, another altcoin is stealing the show, which is Remittix (RTX). Unlike Solana, which focuses on high-speed smart contracts and NFTs, Remittix is built specifically for real-world payment utility, targeting a $19 trillion global remittance market. The token has raised over $24.4 million, sold more than 650 million tokens, and is currently priced at $0.1050. Remittix recently locked in confirmed listings on BitMart and LBANK. 

Here is why experts say Remittix could outpace even Solana in Q4:

  • Global Expansion Already Underway: Remittix supports crypto-to-bank transfers in over 30 countries with local bank integrations

  • Q3 Wallet Launch Set for September 15: The mobile wallet will support real-time fiat conversions and seamless onboarding

  • Over $24.2 Million Raised So Far: Strong financial support signals investor confidence and institutional interest

  • Audited by CertiK for Full Transparency: Remittix delivers institutional-grade security and code quality assurance

  • Positioned As A Utility-First XRP 2.0: Focused on solving real-world cross-border payment bottlenecks rather than speculative hype

Conclusion

The price of Solana is maintained around $200 as some Nasdaq-related catalysts present some possible renewed bullishness. But just as smart money looks beyond Layer 1s and their legacy protocols, utility-based projects such as Remittix are stealing the show.

As analysts compare Remittix in the early days of XRP, a new whole narrative is forming around "real-world" crypto adoption. If the project executes on its roadmap, RTX has the potential not just to compete with XRP's legacy but also change the future of global payments as we know it.

Discover the future of PayFi with Remittix by checking out their project here:

Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp

                                                                                                       _____________                                             

Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.

Related Stories

No stories found.
logo
Analytics Insight: Latest AI, Crypto, Tech News & Analysis
www.analyticsinsight.net