Solana & Cardano Rally Sparks Growth for Remittix (RTX)
Solana (SOL) is gaining institutional traction after Bit Mining’s $4.9M acquisition and its own validator node launch, trading near $175. Analysts see SOL climbing to $190–220 and even $250–$300 as derivatives open interest tops $11.8 billion, daily volume exceeds $4.6 billion, and on-chain activity surpasses 65 million transactions amid growing validator counts and low fees. Cardano (ADA) has rallied 58% from June lows, clearing $0.75–0.84 resistance with a golden cross and breakout from a descending channel, pushing technical targets toward $1.65, bolstered by the Plomin hard fork and rising ETF speculation. Meanwhile, Remittix (RTX) has raised $18.3 million, secured 50 K holders and offers cross-border crypto-to-fiat transfers in 30 + countries across Ethereum, Solana and more, backed by API-ready enterprise tools, a deflationary burn model and CertiK certification. With a planned Q3 2025 wallet beta and a $250 K community giveaway, Remittix positions itself as a high-utility PayFi token for traders seeking long-term growth amid the SOL and ADA uptrend.
Bullish
In the short term, renewed institutional demand for SOL, highlighted by Bit Mining’s purchase and robust on-chain metrics, alongside technical breakouts in ADA driven by the Plomin hard fork and ETF speculation, is likely to fuel buying pressure and momentum. Traders may capitalize on these catalysts for quick gains as SOL eyes near-term targets of $190–220 and ADA approaches $1.65. Remittix’s successful funding, real-world PayFi utility, and planned wallet launch provide additional altcoin exposure, appealing to those seeking diversification beyond SOL and ADA. Over the long term, solid fundamentals such as SOL’s high transaction volume and low fees, ADA’s roadmap upgrades, and Remittix’s API infrastructure and deflationary model support sustainable growth. This convergence of factors suggests a bullish outlook, with continued upside potential across all three tokens.