After its meteoric rise in 2024, Solana has gained major support from institutional adopters like Blackrock CEO Larry Fink. Solana enjoyed major success in 2024, surpassing Ethereum and other networks on various metrics, such as daily active users, monthly transfer volume, and more. Although it is mostly referred to as a memecoin chain, it has attracted interest from institutional adopters like Blackrock, Bitwise, and Grayscale. As a top defi token, many analysts have tipped Solana to continue its impressive dominance from last year and be among the top performers in 2025. They’ve also predicted that Remittix , a new crypto, could have a tremendous year due to the rising demand for PayFi products. Remittix is currently on presale and is on course to hit its $36 million target shortly. Remittix Presale Stuns Altcoin Fans The pace at which Remitixx’s presale is going has shocked fans of major altcoins throughout the industry. In only a few weeks since its presale began, Remittix has generated over $10.5 million and looks set to hit its $36 million target shortly. The Remittix team said they expect the presale to sell out due to the growing demand for PayFi solutions. Remittix combines centralized and decentralized payment methods and is a potential leader in the PayFi category. With Remittix, users can send money in crypto and have it delivered as FIAT to merchants or anyone else. This eradicates the offramping process, leading to a smoother, better experience. Currently available for $0.0521, Remittix is a low-risk, high-reward investment option heading into the bull market. Over 430 million tokens have been sold from the 750 million allocation for the presale, meaning interested investors don’t have much time before the presale ends. Solana Receives Institutional Backing The number of institutional investors interested in Solana is growing daily. In January, several venture firms applied for a Solana exchange-traded fund (ETF), including Grayscale, Bitwise, Canary Capital and VanEck. Alongside high-cap altcoins like XRP and Litecoin, Solana is most likely to receive an ETF allocation shortly. Investors will be hoping any ETF approvals happen sooner rather than later as it could trigger the next SOL price rally. The previous SOL price rally came after US President Donald Trump and First Lady Melania Trump launched memecoins on Solana on the inauguration weekend. Solana surged to a new all-time high shortly after, causing a flurry of Solana price predictions from analysts and investors alike. However, the joy was short-lived after Solana quickly rebounded. The token is now at peak bear market levels heading into the new month. But, with a scheduled network upgrade called Firedancer coming up, another SOL price rally seems likely. Conclusion Institutional support for Solana is growing amid the latest struggles, which is a good sign of investor confidence and overall positive sentiment. A major win like an ETF approval could very well be the catalyst for sending the SOL price surging once again. Meanwhile, Remittix performs impressively in its presale and has already surpassed $10.5 million. The next milestone for the presale is the $36 million mark which it could hit shortly. With over 400 million from the 750 million tokens allocated for the Remittix presale already sold, the Remittix presale could end soon. Join the presale and community now! Website: https://remittix.io/ Community: https://linktr.ee/remittix Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .
