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Crypto Daily 2025-02-27 13:55:46

Solana Price Falls 50% In Past 30 Days Losing Position To BNB; XRP 2.0 Remittix Nears $13M In Presale

Solana (SOL), one of the most popular cryptocurrencies in the market, has experienced a 50% price decline in the last 30 days. This price drop has given way for altcoins like Binance Coin to take the lead. The sell-off has been a cause for concern to investors, especially with a $2.5 billion token unlock expected to compound the bearishness. As Solana continues to try to find its footing, traders are looking for new opportunities with exponential growth potential. One potential candidate is Remittix (RTX) , also known as “XRP 2.0” due to its crypto-to-fiat payment model. With around $13 million raised in the blockchain ICO, RTX could be the breakout star of 2025. Solana (SOL) Price Declines By 50% Data from CoinMarketCap shows the Solana price has plunged to new lows this week. The Solana price had fallen to $132, marking a 50% decline in the past month. The recent decline shows Solana has not reached rock bottom and could test the $100 level if selling pressure rises. Similarly, data from Glassnode shows shared by Ali Martinez the amount of activity on the Solana network has reduced by 60% from its all-time peak of 18.5 million active addresses in October. Currently, the number of active addresses sits at around 7.3 million. Given this drop in the Solana price and network activity, investors' interest seems to have shifted to new projects. However, some analysts say the downtrend might not last. Lucky forecasts that Solana could skyrocket past $300 in the coming months. The analyst noted that the ongoing correction does not call for panic but patience. He told his followers the Solana price might rise in the coming days. Binance Coin (BNB) Joins Top Five Cryptos While the Solana price drop has reduced its market cap, Binance Coin has joined the top 5 cryptocurrencies. Meanwhile, the Binance Coin price has also witnessed some declines in the past month. Data from CoinMarketCap shows the Binance Coin price has dropped by 3.9% on the monthly level. Nevertheless, the cryptocurrency has shown resilience. The Binance Coin price is currently trading at the $600 region which is close to its all-time high of $793.35. The Binance Coin price only has to reclaim the $700 level to increase its chances of reaching a new peak. Bluntz, a top analyst, predicts the Binance Coin price could skyrocket to $1,000 in the coming weeks. He noted that the altcoin price could rise to its current all-time high before completing macro 5 of 5. The analyst posted a Binance Coin price chart which showed the crypto trading in an ascending channel. The BNB coin has a high chance of hitting $1,000 soon if it remains within this channel. Remittix (RTX) Tagged The Next Ripple Due To Its Cross-Border Payment Feature Remittix (RTX) is the new generation cross-border payment system that is expected to replace Ripple. Dubbed XRP 2.0, Remittix merges cryptocurrency and conventional money transfer. At the moment, the Remittix Pay API can be used by businesses to accept cryptocurrency payments from their clients. Remittix also reduces the time taken to reach the customers, increases the number of customers, and provides a very large competitive advantage in the global market. Besides the businesses, Remittix also benefits individuals since they can make international money transfers within a short duration and at a lesser cost. Customers are able to swap over 30 cryptocurrencies for over 30 fiat currencies and transfer the funds to any bank in the world. This does away with the time, high costs, and complications that are associated with most of the cross-border transfer solutions. In the meantime, the Remittix platform has released a cryptocurrency ICO for its native coin, RTX. It is a good opportunity to invest in a project that has all the potential to revolutionize international transactions. It is currently at $0.0671 with over $12.9 million in funding. Remittix Gains Momentum As The Best Crypto Investment While Solana struggles with uncertainty, the focus is quickly shifting to Remittix. Its PayFimodel and ongoing presale success have attracted a lot of investors. Given its cross-border payment solution, the value of RTX could skyrocket by 10x in 2025, making it a good crypto to buy. Join the Remittix (RTX) presale and community: Join Remittix (RTX) Presale Join the Remittix (RTX) Community Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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