Solana, Litecoin ETF Decision Delayed – XRP and RTX Prices Set To Take The Lead

The latest SEC delays in deciding on the Solana and Litecoin ETFs have impacted investors' expectations and investment strategies.

The SEC's latest delays in deciding on the Solana and Litecoin ETFs have impacted investors' expectations and investment strategies. As the antiviral is shifting, an increasing number of whales are now migrating to XRP and the new PayFi kingpin Remittix, which are forecasted to lead altcoins this bull run.

Let’s find out what’s happening.

The stix is up for a 10,000% moonshot

Remit is an upcoming crypto-to-fiat payment network that merges crypto assets with traditional financial channels to facilitate faster and cheaper cross-border payments to any bank in the world.

While XRP is mainly used by large financial institutions, RTX is used by retail investors and small business owners, which gives it a unique value proposition in the massive cross-border remittances economy.

According to the Remit dApp, users will be able to link their crypto wallets to access over 100 cryptocurrencies and multiple fiat settlement options, enabling them to transfer funds any time from any where.

And compared to traditional bank wires that take 2-3 business days with costly fees of 5-10%, RTX transactions are settled in real-time for a minimal 1% fee.

This makes RTX an ideal solution for time-critical and urgent use cases like salary payments, urgent medical expenses, and small business transactions.

Market pundits are now forecasting that Remit will disrupt the $190 trillion cross-border payments sector. And even taking a tiny share of this market could send the RTX market cap to hobnob with XRP’s, sparking a 100x surge for the token price.

What’s next for Solana ETF after delay?

The SEC has now pushed back its decision on Grayscale’s spot Solana ETF to October 25.

While this temporary roadblock has sparked some uncertainty about the possibility of a SOL ETF this year, the majority of market participants are optimistic as the SOL price surges to retest the $180 region.

Earlier this month, Bloomberg analysts assigned 90% approval odds to SOL ETFs, which aligns well with Polymarket data, where punters have placed an 82% chance of a Solana ETF in 2025.

SEC stalls Litecoin ETF decision

Investors were expecting the SEC to make a decision on several Litecoin ETF applications by May 5. However, the commission delayed making a decision and requested further public comments about its regulatory compliance.

But analyst James Seyffart says these delays are part of the standard procedure and do not amount to rejection. And the euphoria surrounding the Litecoin ETF has seen the LTC price stage a mammoth surge in the past months, soaring toward the $100 region.

As LTC soars, Bloomberg Intelligence analysts say their earlier Litecoin ETF approval odds of 90% remain unchanged, as Polymarket LTC ETF speculations jump significantly to 80%.

Will XRP hit $30 on ETF approval?

Investors' eyes are now on Franklin Templeton's spot XRP ETF, whose review deadline has been extended to June 17, 2025.

Top analysts have predicted an 85% approval chance for an XRP ETF, with punters on Ploymarket giving it 83% odds.

If approved, both Standard Chartered and JP Morgan have forecasted that an XRP spot ETF could attract serious investor inflows to the tune of $8 billion within a year!

Analyst Zach Rector predicts that this liquidity could send the XRP price to dizzying heights in the $30 zone, returning serious yield to XRP holders.

Investors pivot to presale as stix is heating up

With the LTC, SOL, and XRP ETF decisions still pending and the SEC reportedly planning to ban all crypto ETFs, investors are pivoting their investment strategies.

Those who prefer safer options are scooping up presale tokens like crazy. So far, whales have ploughed over $15 million into the Remit ICO, scooping over 536 million RTX tokens.

Tokens are still blazing fast at $0.0757, but you need to act quickly and grab your share before the price rockets to $0.0781 in the next presale round.

Here’s more about Remit: a revolutionary crypto-to-fiat payment network that merges the best of both worlds to create faster and cheaper cross-border payments.

Its groundbreaking technology enables seamless integration with major fiat channels, allowing users to effortlessly transfer funds to any bank account across the globe.

But that’s not all. Remit also unlocks a world of possibilities for opening cryptocurrencies to a wider audience.

The post Solana ETF decision delayed - Will RTX and XRP prices rise next? appeared first on CaptainAltcoin.