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Cryptocurrency News Articles

Remittix Surges Past $0.078, Targeting Full Bullish Reversal as Solana (SOL) Climbs the Market Cap Charts

Apr 14, 2025 at 12:00 am

Solana and Ethereum have for some time quietly vied with each other for Layer 1 blockchain supremacy. However, with recent Solana price movements

Solana and Ethereum have for some time quietly vied with each other for Layer 1 blockchain supremacy. However, with recent Solana price movements surging, there are some analysts who believe Solana may be catching up with Ethereum when it comes to market position.

While the Layer 1 rivalry intensifies, investors are also beginning to pay attention to a new pay-fi project. This token does not  just compete for speed but aims to completely transform how crypto is used in everyday life.

Solana Surges Past $122, Targets Full Bullish Reversal

Solana price broke out in the past 24 hours, rallying from $112.16 to tag a fresh high of $122.65. This move chalked up a 7.81% gain for the day, pushing the token past the $120 psychological level.

At the time of writing, Solana is trading at around $121.76, and it remains in a strong position to continue towards the $127 level, which could confirm a full bullish reversal.

This surge has also brought up conversation about Solana potentially flipping Ethereum in the coming years, potentially by 2026 or beyond.

Known for its fast transactions and low fees, Solana continues to attract developers and DeFi builders who want scalability without congestion. However, many are still wary of Solana’s long-term prospects, especially with issues like outrages and centralization concerns continuing to cloud its otherwise impressive technical performance.

These risks make many investors question whether Solana can truly surpass Ethereum or whether it might plateau before it ever reaches that milestone.

Ethereum Struggles to Maintain Momentum

Ethereum, on the other hand, has seen mixed results. After briefly touching $1,687, ETH failed to hold key resistance and now trades under $1,580.

Trump’s tariff wars and ongoing macroeconomic stress have had their impact on market sentiment, and with the strength of ETH weakening, there is reason for concern that it will fall further towards the $1,500 level of support.

Analyst Benjamin Cowen drew parallels between the present Ethereum trend and the 2019 trend and noted that past long consolidations have led to steep declines.

However, it is worth noting that a move below $1,500 could open the door for a steeper decline, potentially pushing ETH towards the $1,000 level.

While Ethereum remains the top smart contract platform, high network fees, its slow rate of upgrade and inflation have caused some investors to rethink their investments.

If ETH doesn’t recover in the short term, Solana may continue to close the gap.

Remittix: The Real Utility Altcoin Gaining Momentum

While Solana and Ethereum continue to compete at the top, a new name is gaining rapid attention for an entirely different reason.

Remittix is a pay-fi token that is being used to solve a long-standing problem in the crypto space: how to convert crypto into fiat instantly and affordably.

The token has already seen phenomenal success, selling over 527 million tokens, raising more than $14..4 million and seeing its price rise to $0.0757.

What's even more impressive is that Remittix achieved this success without relying on hype or promises of speculative gains. Instead, its strength lies in its PayFi model, which allows users to send crypto and have it automatically converted into fiat and deposited into a local bank account.

For instance, imagine a logistics company based in East Africa that receives payments from international clients. Before Remittix, the business would face days-long settlement times and hefty currency conversion fees.

Now, with Remittix, they can receive KSH at the same time as the client's payment arrives, even if the customer paid in another cryptocurrency such as BTC, LTC or ETH.

That kind of real-world utility is exactly what today’s market is craving.

The team behind Remittix has focused on simplicity and security. The platform doesn’t try to be everything it focuses on one clear goal: making crypto usable for everyday payments.

In a year where investors are ditching overcomplicated projects for focused, utility-driven tokens, Remittix stands out. It's no wonder that the token has become a presale darling and is positioning itself as the next big thing in crypto payments.

Some even call it "Ripple 2.0," but without the baggage of lawsuits or regulatory overhang.

As the token’s adoption grows, many believe it could easily outperform many established coins not through hype, but through actual usage.

A Future Beyond Layer 1 Wars

Solana may be gaining on Ethereum but flipping it won't be easy. Ethereum still dominates in developer activity, NFT volume and enterprise support. Solana needs to maintain uptime, improve decentralization and keep developer momentum to have a chance.

However, the real winners

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Other articles published on Apr 15, 2025