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Cryptocurrency News Articles
Solana (SOL) and XRP surge on bullish breakouts and ETF rumors, while newcomer Remittix gains momentum with a massive presale and DeFi disruption.
Mar 26, 2025 at 05:07 pm
Solana and XRP are once again in the news with stunning gains after technical breakouts and bullish rumors about crypto ETFs.
Solana (SOL) and XRP are back in the news for stunning gains as both tokens now face technical breakouts, while the former is also being closely watched for an institutional push with a crypto ETF filing.
However, another project has been gaining momentum for its presale funding despite broader market challenges. Remittix, the new contender, has quickly become a hot topic in crypto circles.
We'll examine Solana's ambitions to reach $170, XRP's rising institutional demand, and how Remittix is emerging as a top DeFi innovator.
Solana: Technical analysis and $170 ambitions
Solana's bullish trend continues to face strong resistance at Fibonacci levels. As reported, SOL had touched $144.92 last week but faced selling pressure as it approached the $145–$150 levels, finally getting rejected. A decisive break above $150 would pave the way for a rally towards $162 and $170.
On the negative side, strong support is visible at $134, providing a crucial cushion for the token. Additional support levels lie at $132.49 (0.618) and $129.56 (0.764). A fall below $125 would be needed to confirm a move into bearish waters.
Technical indicators provide mixed signals. The RSI has fallen below 50, indicating bearish divergence as MACD also shows a top divergence, which usually occurs during the final stages of a bull market and could imply possible consolidation before any sustained advance.
However, rumors that Fidelity will be filing for a Solana spot ETF have brought some institutional attention to the token, which could be pushed further if the filing eventuates.
XRP: Institutions, ETFs and the US market
XRP is surfing on a wave of optimism with rising outflows and an 86% chance of US spot ETF approval by December 2025, according to Polymarket.
As reported by AMB Crypto, ETF approval could attract large-scale institutional investors, potentially triggering a “supply shock” that drives prices up.
However, Edo Farina and others have cautioned against sudden spikes, especially if Ripple becomes a dominant force in the US market, which could lead to excessive attention and, subsequently, backlash.
Moreover, despite a friendly regulatory environment that may help the US regain its lost crypto leadership, as opined by Ripple CEO Brad Garlinghouse, there are still legal hurdles to clear.
The combination of favorable regulations and institutional interest may propel XRP above the $3 mark. However, pending litigation or macroeconomic concerns could drag it below $2.
At present, XRP is trading at around $2.45, demonstrating sluggish performance compared to the broader market, but it certainly has potential for bullish gains if the ETF and legal hurdles are cleared.
Remittix: The cross-border payment disruptor
While XRP and SOL are battling technical levels and ETF rumors, another project is quickly gaining attention for different reasons.
Remittix's platform stands out by solving the problems of the $190 trillion remittance market, which is encumbered by slow transfers and high fees.
With over 40 cryptos to be exchanged with no hidden fees, Remittix provides a superior alternative to traditional bank wires, especially for cross-border payments.
The huge presale sums up the appeal of Remittix's offering. Having sold 522 million tokens and raised $14+ million, with early investors at $0.0734 enjoying quadruple-digit gains from the presale, analysts are predicting another 200% rally if the project can sustain its momentum.
Remittix focuses on providing fast and secure token settlements, appealing to both users and businesses, especially with its pay API for fiat crypto payments.
This functional approach and robust security on a public ledger have placed Remittix at the forefront of DeFi conversations.
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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