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New PayFi altcoin to follow XRP’s trajectory as further woes await Solana

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New PayFi altcoin to follow XRP’s trajectory as further woes await Solana

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

Experts predict XRP’s rise, while investors focus on Remittix’s unique crypto-to-fiat conversion for cross-border transactions.

The Solana price projections for 2025 have been a hot topic.  While others expect further problems for the Solana price, experts have rebuilt optimism in the rising path of the XRP. 

Some big investors now turn to Remittix while Ripple is running a high $100 target for XRP. Remittix’s creative crypto-to-fiat conversion mechanism will fundamentally redefine current cross-border transactions as we know them. Read on to get more information on the token. 

Solana price set to decline to  $125 with this support retest

In a TradingView post, MadWhale predicted that the Solana price was at risk of dropping to as low as $125 with the retest of the $164 price level, which is a key support level on the horizon. The expert pointed out that this is a key support level that has lately shown robust. 

He cautioned, however, this time around, that may not be the case. MadWhale said there are signs the Solana price would soon surpass this daily support, which would cause a drop of around 25%. 

Should this price collapse, the analyst said that the target Solana price to keep an eye on would be $125, which corresponds with a major monthly support zone. He also said that this region is a vital aspect in the present market analysis because it has always been a major support against further downturns. 

The following chart of the analyst revealed a break below the $125 support line, which would drive the Solana price as low as $80. PizzaDriver, a crypto expert, has recently cautioned that Solana price may see a 2022-like meltdown, with the currency falling to double digits. 

New PayFi altcoin to follow XRP's trajectory as further woes await Solana - 1

Having dropped over 11% throughout the last seven days, the Solana price has already seen a considerable fall. According to on-chain monitoring firm Santiment, Solana’s market mood has dropped to its lowest since the January 20th major retrace. 

Exploring Ripple’s $100 dreams

Analysts observe Ripple striving to drive XRP well above historical highs. With more legal certainty, Ripple might grow internationally via bank alliances. Though there is much hope, reaching $100 would need consistent announcements and significant acceptance. Critics point out that brand buzz is useless if real use falls short. 

Though a crypto analyst’s altcoin comparison points to competition from new coins with everyday use cases, many remain positive on Ripple.

XRP runs the danger of losing ground to currencies tackling direct money problems if it fails to acquire fresh utility or clear regulatory successes. Remittix then comes in to eclipse initiatives depending on transactions that can take longer to develop. 

A massive rally is imminent for Remittix

Providing fast and reasonably priced cross-border solutions, Remittix (RTX) is redefining global payments by aggregating FIAT transactions with blockchain technologies. Supported by more than forty cryptocurrencies the site provides rapid translations into FIAT currencies like USD and GBP, therefore enabling simple bank account deposits. 

Remittix is a better alternative to conventional payment providers like Stripe and Wise. The platform guarantees accessibility and inclusivity for companies and people by supporting over 50 crypto pairs and 30+ FIAT currencies. 

Notable also is the platform’s open flat-fee approach, which offers savings and transparency over absurd rates of exchange of conventional banks. 

In the payments industry, Remittix is game-changing since this approach guarantees that the whole amount transferred reaches the recipient, therefore addressing unethical activity all too often. 

At $0.0628 in the presale stage, the RTX coin offers a good investment potential. Forecasts reveal an interesting rise; demand for innovative cross-border payment solutions is generating a 25x multiplier in the presale phase and over 1,500% increases following launch. 

To learn more about Remittix, visit the Remittix presale and join the Remittix community.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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