Solana (SOL) has taken a massive 60% hit, leaving investors wondering if whales are buying the dip or abandoning ship.

With concerns over network stability and fading momentum, some traders are looking elsewhere.

Solana (SOL) has taken a massive 60% hit, leaving investors wondering if whales are buying the dip or abandoning ship. With concerns over network stability and fading momentum, some traders are looking elsewhere.

Enter Remittix (RTX) a disruptive force with stronger fundamentals and lower volatility, making it a better bet for those chasing real gains in 2025. This PayFi champion is racking up popularity in presale and shows no signs of slowing down. So what’s behind its success?

Solana’s Price Peril: Are Whales Bailing or Buying the Dip?

Solana (SOL) has been on a wild ride lately with its price taking a nosedive. After hitting an all-time high of $295, SOL has plummeted nearly 60%, currently trading around the $124 mark.

This sharp decline has everyone asking: Are the big players aka whales buying the dip, or are they jumping ship? Recent data shows that 135 whale addresses holding over 10,000 SOL have either reduced or moved their holdings in the past month. At the same time, network activity has dropped by 60% since October 2024, signaling a potential lack of confidence among major investors.

On a more positive note, the upcoming Token-2022 update, also known as Token Extensions, should help flesh out the functionality of Solana’s token program, offering more flexibility for developers and potentially boosting the platform’s appeal. ​

So, while the current landscape looks shaky, holders are pinning their hopes on this update to turn things around. Only time will tell if SOL can regain its footing or if the worst is yet to come.

This Article Is Brought to You By Remittix

Get to Know Remittix

Remittix is streamlining the way people pay and get paid in a truly global and efficient manner by combining the speed of crypto with the familiarity of fiat.

The platform enables instant crypto-to-FIAT conversion and direct bank transfer, eliminating the typical inconveniences associated with crypto payments, such as slow withdrawal times, high fees and difficulties accessing local currency.

For instance, Oscar, a digital nomad coding in Thailand, usually sees his stablecoin earnings take days to arrive in Thai Baht. But with Remittix, he can convert his USDT instantly and have it in his local bank account within minutes.

Emily, an expat in the U.S. sending money to her family in South Africa, faces high fees and lengthy processing times from existing remittance services. However, Remittix allows her to send USDT and her family to receive South African Rand the same day with no unnecessary charges.

By removing these hurdles, Remittix is making crypto a more viable and engaging payment method for individual users.

Direct FIAT Payout for Businesses

While the prospect of accepting crypto payments appeals to businesses, concerns over volatility, liquidity and regulatory uncertainty often prevent them from making the switch.

The Remittix Pay API solves this problem by allowing businesses to accept crypto payments while instantly converting them into FIAT and paying out directly to the business bank account.

A fashion retailer in London can use the API to accept Ethereum payments while receiving British Pounds in its bank account.

By sidestepping the typical risks and complexities associated with crypto payments, Remittix is making it easier than ever for businesses to integrate digital payments into their operations.

Remittix Presale Surpasses $13.7 Million

The Remittix presale has soared past the $13.7 million mark with RTX tokens priced at an alluring $0.0734. The project’s deep value proposition has led analysts to project an 800% price rise within the presale stage.

For any savvy investor seeking to capitalize on the PayFi wave in 2025, this project presents an outstanding opportunity.

To learn more about Remittix and join the presale, visit:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix