Solana’s Modest August Projection and Remittix’s CEX Listing Milestone
Solana (SOL) investors might need to exercise patience as analysts predict a conservative peak of $200 for the token in August 2025, despite its strong historical performance. This projection suggests SOL is trailing the broader bullish trends in the cryptocurrency market. On the other hand, Remittix, an emerging PayFi project, is making waves with its upcoming RTX token listing on a centralized exchange (CEX), marking a significant milestone for the project. The announcement has already captured considerable attention within the crypto community, highlighting the growing interest in innovative financial solutions. As the market evolves, both Solana's price trajectory and Remittix's development will be key areas to watch for investors and enthusiasts alike.
Solana Price Prediction and Remittix CEX Listing Update
Solana investors may face a longer wait for significant returns, with analysts projecting a modest August peak of $200 for SOL. The token, despite its strong performance over the past year, appears to be lagging behind the broader bull market momentum.
Meanwhile, Remittix, an emerging PayFi project, is nearing a milestone with its RTX token's first centralized exchange listing announcement. The project has garnered notable attention within the crypto sector, though the specific exchange remains undisclosed.
Solana Whales Move $40 Million to Exchanges Ahead of CPI Report
Solana faces heightened selling pressure as three major whale wallets transferred 226,000 SOL ($40 million) to centralized exchanges. Lookonchain data reveals CMJiHu deposited $17.45 million worth of SOL, while 5PjMxa and HiN7sS moved $15.98 million to Kraken and $6.73 million to Binance respectively—the latter realizing a $1.63 million profit.
Despite lagging 40% below its all-time high during broader market rallies, SOL gains institutional traction. OSL HK became Hong Kong's first licensed exchange to offer retail SOL trading, while Blue Origin now accepts the token for spaceflight bookings alongside other cryptocurrencies. Technical analysts note a decisive break above $189 resistance could catalyze record highs.
Family of Deceased OpenAI Researcher Turns to Crypto for Death Probe Funding
The family of Suchir Balaji, a former OpenAI researcher found dead in San Francisco under disputed circumstances, has embraced cryptocurrency to fund their pursuit of justice. Balaji's death was officially ruled a suicide in November 2024, but his parents allege a staged crime scene and investigative cover-up.
Facing mounting legal costs, the family launched the Justice for Suchir (SUCHIR) meme coin on solana through Bags.FM. The token briefly peaked at $0.015 in December 2024, generating $5,000 before experiencing the typical volatility of meme coins. Balaji's mother Poornima Rao publicly acknowledged crypto donations via Twitter as critical to continuing their investigation.
Balaji had been a vocal critic of OpenAI's alleged use of copyrighted materials to train AI models like ChatGPT prior to his death. His family's unconventional fundraising approach highlights both the growing intersection of crypto and activism, and the financial challenges faced by those challenging institutional narratives.
Patrick Witt Steps Into Role as Trump's Senior Crypto Adviser Amid Regulatory Push
Patrick Witt, a former Yale football quarterback and failed congressional candidate, has assumed the role of senior adviser on cryptocurrency to former President Donald Trump. He replaces Bo Hines, another ex-athlete turned political operative, who departed after a brief tenure. Both men share similar backgrounds—Ivy League athletes turned TRUMP loyalists—but lack deep expertise in digital assets.
Witt now leads the President's Council of Advisers on Digital Assets, tasked with shaping crypto policy as the industry clamors for clearer regulations and a proposed federal crypto reserve. His appointment underscores the Trump camp's focus on positioning the U.S. as a hub for blockchain innovation, despite advisers' thin crypto pedigrees.
The Solana Policy Institute, a key industry group, endorsed Witt's promotion, citing his work advancing pro-innovation policies. The move comes as crypto gains traction as a political wedge issue, with Trump recently embracing the sector after earlier skepticism.