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Solana Price Explodes, Analyst Targeting $220 By August, But Has Another Crypto Caught SOL Holders’ Eye?

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At the time of this writing, Solana’s price is trading above $190, with a bullish momentum that continues to climb with the market.

remittix 9

SOLs’ rally during the past seven days has been impressive. Solana’s price has surged over 14% in the past week, outperforming established altcoins including Ethereum (ETH) and Avalanche (AVAX).

However, amidst ETF speculation and hype, savvy investors are diversifying into projects with high potential and real utility like Remittix (RTX).

Unlike Solana, Remittix is a Layer-1 project that aims to resolve a global financial challenge—sending money across borders using crypto, with no charge.

Will the $220 Solana Price Prediction Hold?

BraveNewsCoin Analysts predict the Solana price will be above $220 by mid-August. The reports further revealed that SOL has carved out a textbook cup-and-handle pattern, and the price is now breaking above neckline resistance around the $181 to $183 zone.

sol usd

Source; BraveNewsCoin

The roadmap points toward a move to $201.5 as the first extension, with a potential continuation into $220, backed by a Fibonacci retracement alignment and clean Elliott Wave impulse structure. This upside Momentum is supported by both pattern psychology and volume trends.

And with Solana price breaking out into the $190 zone, the market may not wait long to price in the next leg up. While short-term volatility always remains a factor, the technical layout is clean and measured.

But while SOL is noisy and loud, a newly launched Payfi project, Payfi, is starting to catch the attention of Solana holders—and it’s not a typical Layer-1 competitor.

Remittix, The XRP 2.0 Project

Remittix is a newly launched Ethereum-based platform that aims to address the problem of 19 trillion crypto-to-fiat transfers. Its native token, RTX, is currently in the presale stage, and it is positioned as a utility coin that delivers value to users globally.

Remittix allows users to send over 40 cryptocurrencies instantly converted into fiat and deposited directly into a recipient’s bank account in over 30 countries.

Why Remittix?

  • Recipients do not need a wallet; it’s fast, reliable, and has no transaction charges or FX fees.
  • Seamless payments powered by crypto are settled in cash.
  • Remittix has already raised over $16.7 million in its presale and is offering a 50% bonus for early participants.
  • Remittix has completed a full audit via CertiK to build user trust and allow transparency.
  • Remittix plans to launch a mobile wallet in Q3 with real-time FX conversion and complete crypto-fiat management.

Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

This article is not intended as financial advice. Educational purposes only.

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