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Cryptocurrency News Articles

SOL, AVAX, and RTX: Which Will Shine Brightest in Q1 of 2025?

Jan 25, 2025 at 10:04 pm

The crypto space feels unpredictable as it takes time to settle into 2025. Solana (SOL) had a great start to the year, posting major gains across a 72-hour window

SOL, AVAX, and RTX: Which Will Shine Brightest in Q1 of 2025?

Cryptocurrency market updates for Q1 2025.

Solana (SOL) had a great start to the year, posting major gains across a 72-hour window. However, these gains have since subsided as Solana (SOL) enters a correction phase. Despite the strong start to the year, some are pessimistic about Solana’s outlook now, partly due to the slow year Solana (SOL) had in 2024, leading some to believe that this year may end up being a rerun.

After hitting a new all-time high (ATH) earlier this month, Solana (SOL) now appears to be consolidating its gains. The asset is currently trading at approximately $251.28, up 1.3% in the last 24 hours. This comes as Solana’s mad spree seems to have finally reached its end.

Avalanche (AVAX) has suffered losses on the monthly, weekly, and daily timeframes. The asset has dropped by 14.86% in the last 30 days, 13.68% in the last week, and 3% in the last 24 hours. However, its trading volume is up 45%, which could suggest one of two things. Either people are buying the dip, or Avalanche holders are abandoning ship and selling up for good.

While these established players grasp on amid volatility, an up-and-comer has been stealing away the spotlight: Remittix.

This advanced PayFi solution tackles problems head-on, solving inefficiencies in the cross-border payments market. With this market being valued at $190 trillion, Remittix (RTX) stands to win big in 2025.

So how will things pan out for Solana, Avalanche, and Remittix in Q1 of 2025?

Let’s take a closer look at each project and the challenges and opportunities that lie ahead.

1. Solana (SOL)

After a breakout year in 2023, which saw Solana (SOL) explode by over 300%, the asset had a lackluster 2024, performing poorly and failing to gain any real momentum throughout the year. However, things are once again looking up for Solana (SOL) in 2025.

The asset had a great start to the year, hitting a new ATH and posting major gains across a 72-hour window. However, these gains have since dipped, and Solana (SOL) has now entered a correction phase.

Despite the strong start to the year, some are pessimistic about Solana’s outlook now, partly due to the slow year Solana (SOL) had in 2024, leading some to believe that this year may end up being a rerun.

However, others remain bullish on Solana (SOL), citing the asset’s strong fundamentals and growing ecosystem as reasons to be optimistic about its future price action. Only time will tell what the future holds for Solana (SOL), but the asset is certainly one to watch in Q1 of 2025.

2. Avalanche (AVAX)

Avalanche (AVAX) had a breakout year in 2024, which saw the asset explode by over 200%. However, AVAX has struggled to maintain these gains and is currently trading at around $35.99, down over 70% from its all-time high.

The asset has also suffered losses on the monthly, weekly, and daily timeframes. Specifically, AVAX has dropped by 14.86% in the last 30 days, 13.68% in the last week, and 3% in the last 24 hours.

Despite its losses, Avalanche (AVAX) still has the respect of many blockchain enthusiasts for its transaction processing capabilities and solid security foundation. Many believe that once the broader market recovers, so too will Avalanche (AVAX).

However, others are less optimistic about AVAX, pointing to the asset’s high inflation rate and lack of major adoption as reasons to be bearish on its future price action.

Overall, Avalanche (AVAX) is a risky asset, but one that could still provide good returns in Q1 of 2025. Those looking to invest in AVAX should proceed with caution and only invest what they can afford to lose.

3. Remittix (RTX)

Remittix (RTX) is quickly emerging as a revolutionary platform addressing inefficiencies in the $190 trillion cross-border payments market. By leveraging cutting-edge technology, Remittix prioritizes transparency, trust, and accessibility, providing a modern alternative to traditional systems.

While traditional cross-border payment methods can be slow, expensive, and inaccessible to many, Remittix offers a solution that is fast, affordable, and available 24/7.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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Other articles published on Jan 29, 2025