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Cryptopolitan 2025-04-21 18:02:00

On-Chain Analysis Shows Whales Are Accumulating Solana and Remittix Over Dogecoin and XRP

Big‑money wallets are quietly moving their chips. Fresh on‑chain data show that whales are buying Solana (SOL) and Remittix (RTX) while easing out of Dogecoin (DOGE) and XRP. Early birds are snapping up RTX in its presale on Remittix, which has already raised $14.4 million at $0.0757 per token and could soar when it lists. Solana (SOL): Whales Load Up Before a $150 Test SOL at around $136 According to Ali_Charts on X , over the last week, the number of wallets holding more than 10,000 SOL climbed from 4,943 to 5,019—an uptick of 1.53 % that hints at quiet accumulation. SOL trades near $136 today, just below the $150 line that has acted as a ceiling for weeks. If bulls push SOL past that mark, charts point to a fast move toward $180 and the 200‑day moving average. SOL suffered a 65 % drop earlier this year, but whale buying plus calmer macro news could flip the mood. Still, if SOL slips under $125, bears may gun for $100 again. For now, whale wallets seem happy to bet on a rebound. Dogecoin (DOGE): ETF Buzz Meets Daily Inflation DOGE at around $0.1534 DOGE currently trading around $0.1534 changed hands at $0.1534 during its annual “Dogeday” celebration, yet inflation keeps adding 14.4 million DOGE—about $2 million—into circulation every day. Four DOGE‑spot ETF filings are in the queue, but the first SEC deadline is May 18, and reviews can stretch to October 2025. That long wait, paired with nonstop token issuance, limits upside. On‑chain trackers now spot a steady flow of large DOGE deposits moving onto exchanges, hinting that some veteran holders are lining up to sell. If more DOGE hits the open market while 14.4 million fresh coins are minted daily, any rally may run into heavy resistance from outgoing supply. Without a quick ETF approval or a change to tokenomics, traders could find it hard to push DOGE past its current range. This supply pressure is a key reason many whales are rotating cash into assets with tighter issuance like SOL and RTX instead. XRP: Legal Clouds Keep Whales at Arm’s Length XRP at around $2 XRP sits near $2.05. The SEC’s recent move to drop its appeal in the Ripple lawsuit removed a cloud, but regulators still want a hefty fine, and ETF dates remain unclear citeturn3news2. Until a U.S. ETF gets a green light, whales appear content to stand aside. Big wallets are neither buying or selling aggressively, a sign that most deep‑pocketed players are waiting for a clearer regulatory signal before committing new funds. In the short run, development news such as Ripple’s expanding payment corridors may stir brief spikes, yet any upside soon fades as legal and ETF doubts resurface. Until the SEC formally blesses a spot ETF—or drops all remaining penalties—XRP could stay range‑bound while whales channel their cash toward projects with cleaner outlooks like SOL and RTX. Remittix (RTX): PayFi Whales Bet on Real Utility While DOGE and XRP wrestle with supply and courtrooms, whales are piling into RTX. The Remittix presale has sold over 527 million tokens, locking liquidity for three years and handing governance to the community once sales end. Remittix brings PayFi—crypto speed plus bank‑account convenience—to the table. Picture a gig worker in Lagos converting SOL to local naira, sending it through Remittix, and letting her cousin in Canada see every cent in her bank account within 24 hours. No surprise fees, no forex sting. RTX lets people jump straight from crypto to cash without a traditional account, keeping control of their assets while tapping everyday banking rails. Businesses get a boost, too. The Remittix Pay API will let merchants accept crypto but settle in fiat, cutting costs and expanding reach. With a flat‑fee model and 40+ supported coins, RTX could chip away at the $5‑trillion‑a‑day SWIFT market—and whales know it. Conclusion: Why Large Wallets Favor SOL and RTX Whales follow value. SOL offers a clear chart setup and growing network activity; RTX solves a massive real‑world problem—moving money cheaply and fast for the unbanked and the banked alike. DOGE and XRP still have room to run, but inflation and regulatory limbo weigh them down. For now, the biggest wallets are voting with their coins, and their vote spells SOL and RTX. Interested in how Remittix might outpace XRP? Check out Remittix to see why PayFi is the next crypto frontier! Website: https://remittix.io/ Socials: https://linktr.ee/remittix

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