Large Solana Transfers into Remittix Indicate Growing Interest in PayFi Sector

Investor attention appears to be shifting away from traditional crypto heavyweights as Solana (SOL) faces heightened short-term risk. While SOL hovers around $185.5, technical indicators show a bearish divergence, hinting at possible correction. In contrast, Remittix (RTX) is drawing massive interest for its cross-chain DeFi project capabilities and real-world PayFi solutions.

Solana Faces Short-Term Risk

Solana’s price action is showing signs of stress despite previous gains above $210. A bearish RSI divergence has formed as SOL attempted to break past its July peak of $206, raising the risk of a double-top pattern. Should SOL fail to reclaim the $190 resistance and 7-day EMA, a drop toward the 50-day SMA near $173–170 is likely. In a more severe scenario, SOL could retrace further to the 100-day SMA around $166 or even touch $155, completing a double-top neckline breakdown. Some analysts believe the token is showing a clear accumulation pattern, a strong sign of a bullish reversal.

source: @Karman_1s on X

Adding complexity, the launch of Solana perpetual futures on Coinbase provides U.S. traders regulated leverage up to 5x, but it can amplify both gains and losses. Traders are cautious, with recent volume suggesting profit-taking by whales, hinting at a possible capital rotation toward tokens with crypto with real utility like Remittix.

Remittix Gains Momentum As PayFi Choice

Remittix is rapidly emerging as a leading low gas fee crypto for practical applications in payments and cross-border DeFi. The token has sold over 611 million units, raising $20.5 million at a current price of $0.0969, signaling strong investor confidence. With the confirmed BITMART listing coming soon, Remittix provides a reliable platform for real-world use, positioning itself as a top crypto under $1 and a viable next 100x crypto.

Here’s why Remittix is standing out:

• Fast Payments: Send crypto to bank accounts in 30+ countries
• Real Utility: Works beyond speculation for everyday transactions
• Wallet Coming Soon: Q3 mobile-first experience with real-time FX
• Growing Community: Over 611 million tokens sold and $20.5M raised
• Exchange Access: BITMART confirmed for broader liquidity

The token’s focus on DeFi projects, staking, and cross-chain functionality makes it attractive for both long-term holders and new investors seeking crypto with real utility. Its practical adoption in PayFi markets differentiates it from highly volatile tokens.

Market Shift Highlights Utility Focus

The recent rotation of capital from Solana into Remittix indicates that whales and large investors are prioritizing utility-driven projects over speculative tokens. The market appears to reward crypto with tangible use cases, like cross-chain DeFi projects, real-time payments, and business-friendly staking solutions. Analysts note that Remittix’s strong infrastructure, growing network, and upcoming BITMART listing make it a standout in 2025.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/