Solana whales have been making some big moves and not in SOL’s favor. With ongoing volatility and concerns over network congestion, many deep-pocketed investors are shifting their funds into Remittix (RTX) ahead of its official launch.
This advanced PayFi protocol has taken the market by storm as it promises to address longstanding issues in the $190 trillion global payments sector.
So what are its key features and why are so many Solana investors taking note?
Solana’s Price Slump: Whales Exploring New Waters
Solana (SOL) has taken a beating lately, with its price tumbling from a high of $294.33 in January 2025 to $134.61 today.
That’s a brutal 54% drop, and investors aren’t exactly feeling bullish. The latest on-chain data shows whales are quietly pulling their funds and moving to other projects. It’s a worrying sign that confidence in Solana is slipping.
A report from Trading view suggests that investors took some big profits before the asset’s latest retrace, though this profit will be limited to a few opportunistic day traders, not those who are loyal investors.
Solana’s Price Chart (Last 30 Days)
A big part of the problem is Solana’s network hiccups. While it’s one of the fastest blockchains out there, it has a history of outages that have frustrated users. That said, the upcoming Token-22 update could be a game-changer.
This upgrade is set to improve payment functionality, smart contract efficiency, and NFT ownership transfers features that could strengthen Solana’s long-term position.
Still, will it be enough? A Forbes report suggests that while Solana has strong fundamentals, the whale exodus means the short-term outlook is shaky.
For now, holders are waiting with bated breath if SOL keeps bleeding, expect even more money to flow into new projects.
Remittix Re-invents Global Payments
Traditional financial systems are outdated, slow, and costly for individuals and businesses that send funds across borders.
Banks take days to process wire transfers while charging high fees for currency conversions.
Popular online payment services still charge significant fees from each transaction hurting individuals and businesses even when offering more convenience than traditional banks.
Remittix (RTX) challenges this old model by providing faster, affordable, and more accessible ways to transfer funds globally.
The Remittix PayFi solution enables people and businesses to transfer money between bank accounts across the world and it converts over 40 crypto assets to fiat.
Remittix enables instant transactions at low rates unlike traditional banks and other payment services. This makes Remittix a ‘game-changer for personal finance and global business.
Remittix also provides great benefits for businesses although business integration remains one of the biggest roadblock to crypto adoption.
Many institutions want to accept virtual currencies but are deterred by the challenges of managing compliance, volatility, and conversion to fiat.
Remittix removes these roadblocks with plug-and-play API, thus allowing businesses to accept digital assets as payments and instantly converting them to fiat.
Remittix handles everything seamlessly in the background so investors can hold volatile assets or complex blockchain transactions without worries. This means that businesses can tap into the crypto economy without changing their operational models.
Using Remittix unlocks an entirely new revenue stream which allows companies to attract expert crypto users while maintaining the full stability of their preferred currencies.
Investors Race To Grab Their RTX Tokens
Investors continue to flock to the Remittix presale, where they are snapping up tokens for $0.0734 at the current stage. In total, the presale has raised more than $13.7 million to date and analysts are optimistic about its trajectory, forecasting an explosive 800% price rise before its conclusion.
As more people seek alternative payment solutions and crypto continues its march toward mainstream adoption, Remittix is well-positioned to lead the charge. Investors looking to get in early on one of the most disruptive payment projects of the decade are paying close attention and for good reason.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
