Solana News: Record 11.16M Wallets Now Hold SOL, What Is The Next Crypto To Go Viral?

According to recent Solana news, investor interest is growing in SOL as crypto wallets holding the asset hit a record 11.16 million.

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While this growing investor base has spurred market pundits to put forth bullish Solana price predictions, SOL’s prospects pale in comparison to Remittix (RTX), an upcoming PayFi token tipped to go viral this year.

Here’s why crypto experts forecast a 10,000% bullish breakout for RTX, rendering mediocre returns to SOL in comparison.

Remittix is predicted to hit the moon

As Solana stamps its authority in the Layer 1 sector with its high-speed, low-cost ecosystem, Remittix is rising up to end the inefficiencies, delays and hefty fees that users face in the cross-border payments sector.

This Ethereum-based payment dApp plans to streamline international money transfers with a multi-asset crypto-to-fiat payment network that connects crypto assets to traditional financial channels worldwide.

Merging the speed of crypto with the convenience of fiat enables Remittix to power real-time cross-border transfers at a minimal flat fee. In a nutshell, it saves users the crippling 2-5 day waiting time and the costly 5-10% fees charged by traditional cross-border intermediaries.

Such an innovative DeFi solution is squarely targeted at the $190 trillion cross-border remittances industry. Capturing even a tiny share of this massive treasure chest would suffice to push RTX’s market cap into Solana’s league, given its small supply of 1.5 billion tokens.

That would spark a gigantic upsurge for the token price, with even conservative analysts' predictions placing RTX’s crypto gains north of 100x.

Solana News: SOL holders hit new all-time high

After plummeting over 60% from its recent ATH of $294, the Solana price has been gaining momentum, rising over 80% from its recent dip to consolidate above $160.

Source: CoinMarketCap

This impressive price recovery comes amid a growing Solana investor base. Recent Solana news, as shared on X by crypto expert Ali Martinez, reveals that the number of wallets holding at least 0.1 SOL has hit a new all-time high of 11.16 million.

In other Solana news, Chainlink's cross-chain interoperability protocol (CCIP V1.6) just went live on Solana, supporting secure and efficient cross-chain data and asset transfers across 57+ blockchains.

This has added to rising investor appetite in SOL, which, when coupled with Solana's DeFi expansion, could inject further momentum into the current SOL uptrend, raising the possibility of another breakout rally.

Solana price prediction: Can SOL reach $300?

In the past months, SOL climbed over 27%, with the Solana community sentiment turning 85% bullish. If SOL manages to stay above the $160 support zone, analysts posit it could register a monster rally toward $215.

This prediction aligns with data-driven Solana price predictions from CoinCodex. The asset is forecasted to post bullish price action, potentially rising 70% from current rates to print a new ATH in the $300 zone.

Market participants are now watching to see if SOL will manage to battle the bears in the $180-$190 zone, where more resistance is ahead.

SOL whales are also piling into RTX

Solana whales have been using a clever investment strategy: holding SOL for stability while also piling into low-cap presale gems like RTX for more exciting ROI. The RTX price is already up over 420% as the Remittix presale hits above $15.3 million.

But with analysts forecasting colossal gains of over 10,000% for this emerging PayFi titan, the window to grab a share of the project at the $0.0781 bargain price is closing fast.

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