Solana Stumbles But Eyes $220 Rebound—While This New Contender Sparks Holder Fantasies

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2025-08-16 07:35:00

Solana's price takes a hit—again—but traders aren't panicking. The $220 target still glows on charts like a neon exit sign, even as the network fights its usual ghosts: congestion, outages, and the lingering stench of Sam Bankman-Fried's crypto carnage.

Meanwhile, a fresh altcoin shoots up watchlists, promising the kind of gains that make Solana's 2021 pump look like a savings bond. No names dropped yet—just whispers of 'the next SOL' and VC wallets loading up before retail gets a whiff.

Smart money? The same degenerates who bought SOL at $250 are now YOLO-ing into this mystery token. Because nothing heals crypto PTSD like doubling down on hopium.

The Solana price has taken a breather after its latest rally. It pulled back from highs near $215 to retest crucial support. Analysts certainly look confident that SOL could still hit $220 or even $250 before the end of September.

Still, a growing segment of its holder base is quietly diversifying into Remittix (RTX). It is a new cross-border payments project that some are calling the “100x Opportunity of 2025.” Experts recommend grabbing this token as soon as possible because it may skyrocket soon after the launch.

Solana Price Finds Its Footing After Pullback, Eyes the $220 Breakout

After a run that saw solana price touch $209 and trigger over $30 million in short liquidations, the market has cooled, with SOL now trading around the $185–$203 zone. Analysts like MacroCRG point to this area as a “springboard” for the next leg up. That’s because the potential approval of up to eight Solana ETFs in the pipeline, which might shoot the price up.

Solana Price Chart | Source: TradingView

The approval of spot ETFs WOULD be a significant step toward institutional adoption since it would provide hedge funds and asset managers with regulated exposure to SOL, which could increase liquidity and attract a steady investor base.

The bullish structure is maintained by holding above $185, with $220 and $250 the next key targets. The total value locked (TVL) reached $11.24 billion for the first time since February. It bolstered the argument for long-term growth as Solana’s DeFi ecosystem keeps expanding.

Why SOL Holders are Looking at Remittix?

Despite the Optimism around the Solana price, many long-term holders are spreading risk into other projects. They are specifically looking for projects offering utility-driven growth and huge upside rather than steady growth. That’s where Remittix comes in.

Like XRP, Remittix is designed for instant, low-cost cross-border payments, but with a twist:

This platform offers multi-chain interoperability for broader asset coverage.
It can enable real-time FX conversion into more than 30 fiat currencies.
Users can get direct payouts into bank accounts across over 30 countries.
An audited, ready-to-launch Beta Web3 Wallet.

This project has already raised over $19.7 million by selling 600 million tokens in its presale. Thus, RTX is steadily edging close to its $20 million milestone. Once the project achieves that milestone, it will trigger RTX’s first CEX listing announcement. Early buyers also benefit from a 40% presale bonus before public trading.

From $0.0944 to Potential Multi-Dollar Gains

Remittix’s appeal for solana price watchers is simple: they see the kind of adoption catalyst in RTX that could drive exponential gains once it hits exchanges. Key factors include:

CEX Listing Imminent: Likely to open floodgates for liquidity and visibility.
Institutional-Ready Model: Compliance and banking integrations could fast-track partnerships.
Functioning Product at Launch: Beta Wallet ready in Q3 2025, unlike many presale projects.
Utility That Scales: Everyday financial use cases with no reliance on meme coin hype.

RTX offers a fundamentally different but potentially equally rewarding opportunity for investors who’ve already enjoyed SOL’s massive run but are eyeing fresh growth plays.