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Cryptocurrency News Articles
Can Solana Flip Ethereum in 2025? Why Remittix Could Outshine ETH and SOL
Jan 08, 2025 at 05:00 am
As we enter 2025, crypto analysts are making predictions concerning the market performance and price action of tokens. Often dubbed the “Ethereum Killer,” Solana has steadily climbed the ranks in the market with its blazing-fast transactions and low fees. Now, analysts predict SOL will likely overtake ETH in 2025 and beyond.
As we approach 2025, crypto analysts are unveiling their predictions for the market performance and price action of various tokens. Among the tokens that have garnered attention is Solana (SOL), which has been touted as the “Ethereum Killer.” Now, analysts are suggesting that SOL is poised to overtake ETH in 2025 and beyond.
According to their analysis, SOL is expected to trade within a range of $148.33 to $386.76. This price movement is influenced by several factors, including increased network usage and upgrades that could potentially challenge ETH's market dominance. Notably, Solana's daily DEX trading volume has steadily risen, at times surpassing Ethereum’s DEX volume during peak periods.
The lower transaction fees and fast transaction speeds of SOL have attracted new token launches, especially in the meme coin market. While meme coins have largely contributed to Solana’s recent growth, outperforming most crypto giants in the bullish market, these assets are known for their volatility, undergoing steep downturns during bear phases. For the SOL token to overtake Ethereum, it must rally 3.5x its current market capitalization to reach ETH’s valuation of $440 billion.
While the move may appear challenging, analysts at VanEck are optimistic about SOL crypto, suggesting that the crypto asset could reach 50% of Ethereum’s value in the coming years. If Solana continues to outshine in terms of its daily active users and transaction volume, it could likely overtake the large-cap altcoin.
Meanwhile, Ethereum's price has begun a fresh recovery wave above the $3,550 zone, aiming to increase above the $3,700 resistance level. The large-cap altcoin is now consolidating gains above the 23.6% Fibonacci retracement level of the upward move from the $3,569 swing low to the $3,694 high. A connecting bullish trend line has also formed at $3,620 on its hourly chart.
The trend line is near the 76.4% Fib retracement level of the upward move from the $3,569 swing low to the $3,694 high. ETH price appears to face a hurdle near the $3,700 level. Its immediate resistance will be around the $3,729 level, with significant resistance at the $3,800 level. A break out above the $3,800 resistance could fuel a rally toward the $3,880 resistance. Any additional gains could call for more rallies towards the $3,920 and $4000 levels in the near term.
If the ETH price fails to break the $3,700 level, it could initiate another decline, with its immediate support level at the $3,620 level and the trend line. Its primary support level is $3,550. Notably, ETH’s MACD indicates that the token has been gaining momentum in the bullish zone. Its relative strength index (RSI) is above the neutral zone at 50, suggesting that the token has room for more growth.
In other news, Remittix (RTX) has captured attention in the crypto market with its impressive presale momentum and unique PayFi solution that addresses critical monetary challenges. It has harnessed advanced blockchain tech to streamline cross-border transactions at a lower fee.
Unlike conventional methods like SWIFT, Remittix offers quick 40+ crypto conversions and direct bank deposits, marrying the speed of crypto with the familiarity of traditional banking. Its open pricing policy guarantees users are never left with hidden charges; powerful encryption and secure security systems protect transactions and personal data. These features enable unmatched privacy and peace of mind.
The platform will also drive financial inclusion, as its blockchain technology will allow millions of underbanked and unbanked populations to access a worldwide payment network. RTX token will power significant processes within the ecosystem, including governance and staking.
Investors can stake their $RTX tokens and earn up to 8% APY. For those who want to take their earnings to the next level, Remittix can offer a tiered VIP program that rewards users based on the size of their investment. Tier-3 investors are eligible for a remarkable 18% APY and premium voting privileges.
Remittix's unique position at the intersection of DeFi and TradFi has made it an excellent investment choice —and for good reason. Statista forecasts that the worldwide cross-border payments market was valued at $190.1 trillion in 2023 and is expected to rise to $290.2 trillion by 2030. Grabbing a share of this market could increase RTX's valuation exponentially. So far, Remittix is in presale and available for $0.0185.
While the Solana token could potentially outshine ETH in 20
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