Solana (SOL) Might’ve Dipped on May 24th, But It’s Been Stacking Bullish Vibes Lately

Solana (SOL) might’ve slightly dipped on May 24th, but it’s been stacking bullish vibes lately and it’s eyeing that $250 breakout.

Solana (SOL) might’ve slightly dipped on May 24th, but it’s been stacking bullish vibes lately and it’s eyeing that $250 breakout. Currently, SOL is hovering above $174.27, down 3.5% from yesterday’s close, with a $7.6 billion trading volume. This crypto has recently breached its $180 resistance level, spurring renewed bullish sentiment among the community. If the bullish momentum continues, experts see the Solana price hitting $250.

As SOL forges ahead, there’s one crypto in presale that promises a much bigger growth potential and with a solid PayFi street cred: Remittix.

Remittix Is Putting a Fresh Spin on Global Remittances

For years, the global cross-border payments landscape has been plagued with plenty of complaints, from frustrating delays to high fees. Remittix enters the picture with a fresh spin on cross-border payments: crypto-to-fiat settlements that aren’t just fast; they’re also cheap and safe.

The Pay API is built on the Ethereum chain, combining the convenience of traditional fintech apps and the security and transparency of the blockchain. Also, using Remittix’s Pay API is easy, whether you’re an individual user or a business owner. For individual use, just connect your wallet, fund it with crypto and approve its transfer to fiat only flat fees, with same-day settlement.

The Remittix project operates with a smart contract that’s built on the Ethereum chain, with a native token boasting an ERC-20 standard. In addition to convenience and flexibility, Remittix’s Pay API has been rated safe by Blocksafu in its recent audit.

Image source: Blocksafu

With Remittix, cross-border payments become faster and safer, flipping the current PayFi script.

Solana Price on a Tear and Got Its Sights Set on $250

Image source: TradingView

The Solana price may have slightly dipped today, but its bullish structure remains, according to some market analysts. SOL’s next target is $250 in the near term and this possible trajectory is backed by the formation of its ‘cup and handle’ pattern, with key resistance points at $180 and $184. If the Solana price can break through these two price points, then traders can see bigger gains.

Image source: PointLogics

Solana’s possible price trajectory is backed by increasing trade volume. Last May 21st, trading volume was at $4.7 billion, but it has surged to over $8.6 billion as of May 24th.

Image source: PointLogics

SOL can target a high of $250 by June 2025 if it continues to record strong on-chain metrics and continues to receive support from financial institutions. Recently, SOL landed on Kalshi’s supported funding method. Kalshi is a popular platform for trading standardized contracts, particularly binary contracts that are based on yes-no propositions. By adding SOL to its payments menu, it boosts the crypto’s argument that it’s expanding its appeal among institutions.

Remittix Is Heating Up in Presale: On Track for 7x Growth Before Listing

SOL remains a popularly traded crypto with increasing institutional support and adoption. However, Solana’s recent price action and its potential surge to $180 or even $250 pale in comparison to Remittix’s presale performance.

Launched for $0.015, the RTX token now sells for $0.0781, giving early adopters up to 420%. With planned price leg-ups on every presale stage, a 7x growth for RTX is possible. RTX is about to level up yet again: Jump in now before the price takes off.

Check out our coverage of the Remittix API and presale details here:

Remittix: Website | Socials

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