SOL has been at the center of discussion in the past few weeks, as the Solana price has been tanking due to declining engagement on the blockchain. Now, there’s some good news that could set Solana off to a brilliant rally, but traders are treading carefully.
Cardano is also getting bullish nods from traders across the crypto market. Social sentiments are increasingly positive on Cardano, and the token could be off to a rally soon.
Even as Solana gets a boost from the latest crypto news, the new Remittix token is plotting a takeover in the DeFi space. Already, traders prefer its PayFi use cases to the ones on Ripple and the Remittix presale is raking in the numbers.
We have more information on the Remittix token here.
Solana Price Keeps Bobbing on the Weekly Charts
The past week saw SOL rise to a peak at about $136, owing largely to a return of traders to the Solana ecosystem. News of the LIBRA rug pull in February cost Solana significantly in terms of trading activity, leading to a price crash that saw it trade at as low as $114.
The past week’s price spark eventually corrected to even $122 in a mix of regular market correction and bearish strongholds. A poor Solana marketing campaign went wrong, causing the bears to take over briefly on Tuesday, but the Solana price seems to have stabilized now.
The token is trading at about $126.02, with some 1.7% profits on the weekly charts. It’s slow progress on Solana, but progress nonetheless, as the SOL ecosystem readies for a price rally.
More Bullish News For Solana and Cardano!
While the past week has had its ups and downs, the future of Solana could be set for more ups than downs. The project celebrates five years of consistent building on March 16, leading to its all-time high of $293 in January 2025.
Also, even more positive indicators have come to light about the Solana ETFs. SOL Futures are live on the Chicago Mercantile Exchange, a move that most experts consider to be significant progress in the appeal for Solana ETFs.
Cardano is also preparing for a bullish rally. The latest news in the crypto market shows that social sentiments around the Cardano price are getting bullish, averaging 3.5 positive comments on social media.
The sentiments have been at their highest proportion since November, and it could be down to the recent addition of the crypto strategic stockpile in the US. Speculations are that ADA is used in government-backed blockchain operations and traders are anticipating favourable times ahead for the Cardano price.
Somewhere else in the crypto-verse, the Remittix (RTX) tokens are cooking at the moment. The ongoing presale is evidence of general adoption across the crypto market.
Get Your Payment Options Up With Remittix
The Remittix platform is offering new perspectives on crypto withdrawals and online payment modes. Usually, crypto traders would have to transfer their assets to exchanges, then to their crypto wallets and eventually withdraw to banks, paying all sorts of charges and network fees along the way.
Not anymore! Remittix’s ecosystem presents an automated system with fully verified smart contracts, no doubt–that ensures that users can get their crypto assets directly into fiat bank accounts. All at low gas fees and with no traces to the blockchain.
It gets even better since the Remittix platform is starting out supporting 30+ fiat currencies and over 40 cryptos. That way, crypto users can easily complete their transactions to fiat banks globally; the Remittix platform supports most of the popularly traded fiat and crypto options worldwide.
As much as Ripple and Stellar have been giants in the PayFi sector, their use cases are better modified for corporate use, where a lot of funds are being transferred. With Remittix, the average crypto trader has their withdrawal issues resolved rather easily.
And you can expect that the user traffic on the ecosystem will be massive as soon as Remittixlaunches. That’s one reason crypto investors are all over the RTX tokens right now.
Get In Early On Remittix!
RTX coins are on a roll at the moment. Crypto traders and investors are interested in getting their Remittix stash all set up before the token launches, as the ROI potential keeps looking better.
Each RTX goes for $0.0734 at the moment and with $13.9 million raised already, the presale is not slowing down. Get your RTX tokens today for a chance at 13,000% gains in the near future!
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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