Could Solana drop to $150? On-chain data suggests SOL holders switching to new altcoin

CoinMarketCap
02-18

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

As Solana’s momentum slows, investors are shifting to Remittix, a rising altcoin with real-world crypto-to-fiat payment solutions.

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The cryptocurrency Solana stood as a top performer in recent months because it gained value through rising on-chain behaviour combined with increased investor trust. 

Supporters of SOL now debate about its capability to keep boosting while several investors explore alternative opportunities for greater returns because of speculation that the price might crash to $150. 

Ohio-based crypto investors are shifting their assets toward Remittix (RTX) because of its real-world financial capabilities against other emerging altcoins.

You might also like: SHIB faces challenges while Remittix gains traction with real-world solutions

Solana’s rally stalls: Could SOL crash back to $150?

Solana’s impressive rise past $168 has fueled bullish sentiment, but warning signs are emerging that could send prices tumbling back to $150 On-chain data reveal that major SOL holders are moving large amounts off exchanges, a sign that a selloff may be coming. 

The SEC maintains ongoing crypto investigations which could badly affect Solana following previous debates about classifying it as a security. Market liquidity will suffer when rates increase and the dollar gains strength thus sparking a market downturn.

The breaking of $160 support price would trigger a rapid price fall to the next support at $150 if selling pressure becomes strong. A temporary dip or a preliminary stage of an extended market correction.

Why SOL holders are flocking to Remittix

Part of the population holding Solana focuses on Remittix as an innovative new altcoin which offers practical, real-world usage. RTX leads the advancement of PayFi model technology to allow citizens to instantly convert CRYPTO to FIAT through bank payment systems. 

Remittix stands out in the payment industry because of its unique functionality, enabling it to challenge market leaders, including Stripe and Wise, and Coinbase.

People face significant obstacles when attempting to spend digital assets within their daily routines. Millions of people globally possess crypto, but at the same time, Worldwide Bank estimates that 1.4 billion persons have no access to banking services. 

Through Remittix, users can transact worldwide without traditional banking while sending or receiving funds. With Remittix, all RTX users enjoy direct FIAT conversions alongside affordable transaction costs because they avoid using expensive intermediary services.

With Solana showing signs of slowing, early investors are betting big on RTX’s presale, which has already seen a significant uptick in demand. The presale is structured to raise $36 million, with a 3-year liquidity lock and team tokens locked for the same duration, ensuring long-term stability. 

Unlike meme-driven hype coins, Remittix is built on a solid foundation of utility, regulatory compliance, and real-world demand. One of the biggest barriers to mainstream crypto adoption is the disconnect between digital assets and traditional finance. 

The vast majority of global commerce still runs on FIAT, leaving crypto holders with limited options for direct spending. Despite strong crypto adoption in some countries, market price fluctuations and uncertain regulations make businesses hesitant to fully embrace digital assets.

Remittix introduces a revolutionary answer to this problem. CRYPTO-TO-FIAT conversions built into the platform eliminate obstacles for users and merchants to work together.

Remittance flows worldwide are predicted to reach more than $800 billion during 2025, according to the World Bank, but existing payment systems have both slow and costly business processes. 

RTX’s payment solution enters the trillion-dollar market by providing quicker and more cost-effective services that accommodate wider audience participation than contemporary payment infrastructure.

Conclusion

The number of SOL holders transferring their assets to Remittix continues to rise based on on-chain indicators because they understand Remittix could transform the payment sector. 

To learn more about Remittix, visit the website and its socials.

Read more: Cardano, XRP investors seeking higher gains turn to viral altcoins like Remittix

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