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Cryptocurrency News Articles
Remittix: The New Altcoin Outshining SOL in 2025
May 20, 2025 at 06:40 pm
The Solana price has been grinding against key resistance levels this month, leaving traders unsure of its next move. While short-term charts flash consolidation
The Solana price has been grinding against key resistance levels this month, leaving traders on the fence about its next move. While short-term charts are flashing consolidation, one rising altcoin is grabbing headlines for different reasons.
With SOL in the middle of a correction, could be a smarter way to play the next market rally.
Solana Price Faces Key Resistance Amid ABC Correction
Solana price sits at $161.19, with a trading volume of over $5.3 billion. After completing a five-wave impulsive push from April’s lows, SOL is now entering a corrective ABC phase.
On the 4-hour chart, SOL broke out of a descending channel and rallied to $184.86 before pulling back below the 0.382 Fib level at $171.84. That level now acts as short-term resistance, capping any upside momentum.
Momentum indicators are softening. RSI is cooling off, while Solana price retests the $160–$165 zone. This area aligns with horizontal support and Fib clusters. A failure to hold this level could lead to a retest of $142 or even $130.
But if SOL manages to maintain higher lows and bounces from this zone, the next leg up could target $195 and possibly $218 in a bullish continuation. Ultimately, market sentiment will depend on whether this support zone holds firm.
Looking at the 1-hour chart, Solana price shows a textbook ABC correction in progress. Wave A completed around $164, followed by wave B’s bounce toward $176. Wave C is now targeting support.
The 1.618 Fibonacci extension of wave A lands around $142.31 a critical support level matching previous resistance and Fib confluence. If bears push below this mark, downside could stretch to $134 or even $130.
That said, reclaiming $171 and breaking above $184.28 would invalidate the bearish count and reestablish the uptrend. In that case, SOL could be eyeing new yearly highs as part of a broader impulse continuation.
Remittix: The New Altcoin Outshining SOL in 2025
While SOL chops through Fib levels and RSI resets, is building momentum with strong fundamentals and real-world value. Priced at $0.0757, with over 536 million tokens sold and $15.1 million raised so far, Remittix is quickly positioning itself as the breakout PayFi solution of 2025.
Unlike Solana’s speculative gains, which have stalled, Remittix thrives on solving problems that matter. Picture a small logistics business in West Africa coordinating deliveries for European clients. With Remittix, cross-border payments are settled in stable fiat without currency slippage or long banking delays.
This sets it apart. It’s not just a platform; it’s an ecosystem where remote workers, startups, and even NGOs can transact globally without relying on outdated banking systems or volatile cryptocurrencies.
Remittix also integrates with DeFi rails, offering users lending, yield, and low-fee transactions. But instead of complex staking protocols, the focus is on ease fiat in, fiat out, with crypto as the bridge. This accessibility is driving rapid adoption.
For instance, a software firm in Eastern Europe is now paying its development team in Southeast Asia instantly, thanks to Remittix’s on-chain fiat rails. This eliminates third-party fees, waiting periods and the volatility of coins like SOL.
As regulators tighten their grip on unbacked tokens, Remittix’s compliance-ready model makes it an attractive alternative. The project is built to scale without legal roadblocks and it’s already attracting users across four continents.
And here’s the kicker: It’s still in presale. That means the biggest gains are yet to come. Where Solana may be 2x or 3x based on technical plays, Remittix has the fundamentals to deliver 20x returns by becoming a core layer of future digital payments.
Solana or Remittix? The Smarter Long-Term Bet Is Clear
The Solana price is stuck in a corrective phase, with no confirmed breakout just yet. Traders are watching the $160–$165 level closely, but downside risk to $142 and $130 remains real. While SOL may still resume its rally, it’s no longer the only name on the radar.
Remittix offers more than speculation; it delivers utility, compliance and long-term scalability. It’s being used today by real businesses to solve real financial problems and its adoption curve is just beginning.
Want 20x upside backed by substance? Your best move is Remittix. Grab your tokens now before the presale closes.
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