SOL is up 33% in July, and volume surges by 87%: can it compete with this altcoin?
Solana price has surged 33 % in July, with daily volumes jumping 87% all thanks to the bullish party spearheaded by Bitcoin.
SOL currently trades at $191.41, a 27 % increase in the past week and 58 % during the past month.
There is an increasing on-chain activity, including DeFi volume now rivaling Ethereum’s, and a spike in non-vote transaction counts on the Solana blockchain.
Despite Solana’s positive outlook, can it surpass an altcoin set to deliver a 420% ROI?
Definitely not! Let’s discover this 420% project and how you can get into it.
Can SOL keep climbing?
Technical charts show SOL breaking free from a symmetrical triangle and ascending channel on the weekly chart and it is currently retesting the $190 support.
The confluence of the RSI curve value at 77, awesome oscillator printing higher highs, bollinger bands trending upward, ascending channel and high MFI readings indicates that SOL buyers are in control.
CNN analysts further added that the Moving Average Convergence Divergence (MACD) has confirmed a bullish crossover, a key signal that momentum is shifting in favor of the bulls and that the period of sideways price action may be behind.
SOL is forming a classic cup and handle pattern, one of the highly bullish technical structures that often signals the beginning of a significant breakout.
After a long accumulation phase from mid-2022 to mid-2024, Solana’s price has entered a consolidation range.
A successful breakout from this zone could validate the pattern and potentially send Solana’s price to a new ATH.
Remittix, the altcoin set to deliver over 400 % this year
While SOL shines, one utility project and its token, Remittix (RTX), are grabbing investors’ attention.
Remittix is a Payfi solution built on Ethereum that focuses on real-world crypto-to-fiat transfers.
It aims to bridge the gap between traditional payment and cryptocurrency across the globe.
Remittix allows over 40 crypto options and 30 fiat currencies to banks worldwide.
It enables instant bank deposits for recipients—no wallet required.
Why Invest In Remittix?
- Liquidity and team tokens are locked for three years and contracts are CertiK-audited.
- A mobile wallet (currently in beta phase) is coming in Q3 with a live FX conversion rate.
- Aimed at solving a real-world $19 trillion payments problem.
- RTX is a utility token built to power real transaction volume.
- Deflationary tokenomics designed for long-term growth.
- Mass-market appeal beyond just the crypto crowd, Ideal for freelancers, remitters and global earners
- 50% token bonus is still live for early backers
- Positioned to compete with payment companies like XRP and Stripe.
The best time to buy RTX is now!
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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