The Solana market cap has attracted bad publicity due to the recent LIBRA memecoin fiasco, which included the president of Argentina, insider trading, and over $4.3 billion wiped out in less than 24 hours. While rival communities were taking shots at Solana market cap recent woes, a massive SOL token unlock event has provided more fuel to the fire, which could potentially add to the selling pressure for the sixth-largest cryptocurrency. Hence, more investors are moving to Remittix, a new PayFi token. Analysts Predict Danger for Solana Market Cap An unknown crypto critic named artchick.eth detailed Solana’s token unlocking timeline for 2025 last month. Solana’s current token inflation rate is 4.715% but in the next three months, almost 15 million SOL tokens valued over $7 billion will join the circulating supply. In fact, the SOL price has already dropped by over 12% in just the last seven days, making it trade at $159.49. The token’s weighted sentiment also dropped over the past few days—a sign of rising bearish sentiment at a time when FUD around the massive token unlock is high. Likewise, crypto trader RunnerXBT said that purchasing Solana was at a “dangerous” time due to the imminent halving of the Solana market cap. Speaking on the same unlocking event, the trader underlined that once SOL unlocks and Solana market cap halving occur, businesses such as Galaxy, Pantera and Figure are in position to collect $3 billion, $1 billion and $150 million in unrealized profits. Given the minimal motivation to hold SOL amid a declining market attitude, exacerbated by the recent LIBRA memecoin event, most of these corporations are probably going to sell their allocations. In light of it, Kelly Greer, managing director at Galaxy, sought to ignore the current FUD around the unlocks. Greer said that Solana registered $3.6 billion in 24-hour spot trades, while the forthcoming unlock is only 2.31% of the overall supply and market value. The Solana market cap would therefore most likely absorb the selling pressure approaching the unlock. It was interesting to note that t A Massive Rally Is Imminent For Remittix Providing fast and reasonably priced cross-border solutions, Remittix (RTX) is redefining global payments by aggregating FIAT transactions with blockchain technologies. Supported by more than forty cryptocurrencies, the site provides rapid translations into FIAT currencies like USD and GBP, therefore enabling simple bank account deposits. Remittix is the better alternative to conventional payment providers like Stripe and Wise. The platform guarantees accessibility and inclusivity for companies and people by supporting over 50 crypto pairs and 30+ FIAT currencies. Notable also is the platform’s open flat-fee approach, which offers savings and transparency over absurd rates of exchange of conventional banks. In the payments industry, Remittix is revolutionary since this approach guarantees that the whole amount transferred reaches the recipient, therefore addressing unethical activity all too often. Buy $RTX Now To Avoid Missing Out On Massive Gains While it’ll be interesting to keep an eye on Solana market cap, at $0.0628 in the presale stage, the RTX coin is offering a good investment potential. Forecasts reveal an interesting rise; demand for innovative cross-border payment solutions is generating a 25x multiplier in the presale phase and over 1,500% increases following launch. Discover the future of PayFi with Remittix by checking out their presale here: Website : https://remittix.io/ Socials : https://linktr.ee/remittix The post Solana Market Cap Could Half With FTX $2B Unlock, Meanwhile Momentum Soars For Remittix As PayFi Narrative Explodes appeared first on CoinGape .
