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There is a spike in the crypto market this week, seeing a rise in trading, sending the crypto market cap to more than $3.9T, leading to a renewed bullish sentiment. However, this new bullish frenzy is fueling a new Solana price prediction with eyes on $200.
Is the market ready for another high on the Solana price chart? The rise in daily trades and rising ETF sentiments show that the Solana price might be on to a new bull run. However, while a new ATH remains speculative, the top Solana price prediction shows that the price hitting $200 might be in a matter of days.
However, here is a look into factors contributing to the Solana price surge in the last few days beyond the crypto market bull run.
One factor standing at the front of Solana's rising bullish sentiment in the last few weeks is the nearing ETF approval. While no exact date is in sight, experts believe the Solana ETF is already at a 90% success rate. This kind of analysis has continued playing a role in rising Solana price predictions, with eyes on the effect of the ETF approval.
The rise in institutional demand and investors' interest rests on a projection that the recent Solana network upgrade and ETF approval could cause a spike in net inflow. With a projection of billions in fund inflow across the world, investors believe this can play a significant role in pushing the price higher.
Technical patterns on the weekly chart show a fresh breakout above the multi-week resistance at $185. This zone shows a return to a high point from February this year. However, the current zone shows Solana could hit $260 by mid-August, provided it is able to retain its support above $185.
Meanwhile, while the current momentum shows intense buying pressure, a drop below $180 can send a bearish signal. Therefore, to actualize the Solana price prediction of $200+, the buying pressure needs to keep the price above $190 this week.
The Remittix project is gaining a reputation as the next altcoin to 100x with a solution fueling intense buying pressure. This momentum has already seen the Remittix presale surge past the $16.7M zone, now heading towards a softcap of $18M. But, while this presale might be getting closer to its end, here are some things still showing why investors should buy now:
A wallet launch in Q3 2025 is set to boost adoption
A cross-border solution that could revolutionize crypto with over 30 fiat currencies supported
Secured ecosystem with CertiK audit showing a surge in investors' confidence
Remittix is making all the difference right now with a projection tipping it to break out as a top DeFi project. While the buying pressure continues, Remittix is also opening up new reward programs to give back to investors.
This includes a $25,000 reward for 10 people in the $250,000 giveaway. This is a game changer for investors looking for presale projects to invest in this 2025 bull market.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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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.
