Despite being an old timer in the crypto space, Solana (SOL) has stumbled upon shaky ground as 2025 begins, posting significant monthly and weekly losses. Similarly, Chainlink(LINK) has endured a tragic month, as its value spirals downwards.
Many long-time holders of these assets are now considering alternatives, and Remittix (RTX) has become a popular choice. This modern PayFi protocol brings solutions to the longstanding problems in the cross-border payments sector, and is gearing up to carve out a large piece of this market. So are Pepe (PEPE) and Chainlink (LINK) likely to see a price resurgence in 2025, and why are so many investors shifting funds to Remittix (RTX)?
Solana Price Drops 19% In 30 Days
Solana (SOL) has spiralled, losing more than 19% of its value in the last month alone, and having posted a similar loss in the last week. Industry commentators are torn over whether the most recent Solana price drop has been due to whale sell offs or a general downturn in the crypto market. Technological analysis shows that Solana (SOL) has dropped below key support levels, such as the $196 200-day Exponential Moving Average, representing a bearish trend. Perhaps more worryingly, Solana’s Total Value Locked (TVL) has also fallen more than 7% in a day, indicating less trust in its ecosystem. Solana (SOL) still has a $86.74 billion market cap and remains an influential player in the crypto space, though its price trajectory is looking weak going into 2025.
Chainlink Finds Itself On Thin Ice
Chainlink ambled through 2022 and 2023 at snail pace before a major rally in November 2024, raising questions about whether Chainlink (LINK) could make a meaningful comeback. Despite recent losses, it still holds standing as one of more modern decentralized oracle networks, facilitating secure communication between smart contracts and real worlddata.
Chainlink (LINK) too has had a poor start to 2025. Over the last 30 days, Chainlink lost 37.47% of its value and is also down 21.9% in the last week, now sitting at $18.97, down a staggering 64% from its ATH in 2021. Technically, Chainlink is trading in a descending wedge pattern, which is usually a bullish reversal indicator. The key resistance level to watch is $23.92, as a breakout above this could push Chainlink towards $30.
Remittix Carves Out Its Place in Cross-Border Payment Space
Remittix (RTX) has entered the PayFi space with a powerful offering as it sets out to address longstanding inefficiencies in the cross-border payments space. This is a $190 trillion industry in which Remittix (RTX) is considered a game changer due to its practical, real-life utility. Remittix lets users change over 40 cryptocurrencies to fiat currencies and transfer money directly to bank accounts worldwide, solving some of the biggest problems in global finance.
The platform charges a flat fee so users know exactly what their transactions will cost. In addition, most transfers are completed in under 24 hours, making Remittix an optimal alternative to expensive, sluggish systems.
Businesses have a lot to gain from Remittix’s features. The Remittix Pay API allows companies to accept cryptocurrency payments while settling in fiat, providing flexibility for operations across global markets. With support for over 30 fiat currencies and 50 cryptocurrency pairs, Remittix is ideal for freelancers, e-commerce platforms, and international service providers.
Remittix Nears $2.8 Million Raised In Presale
Proactive adopters of Remittix can seize up tokens at an alluring price of $0.0207 in the current phase of the presale, which has already attracted over $2.8 million in investment. Due to the project’s practical utility within a high value sector, analysts have anticipated an 800% increase by the presale’s end, followed by a potential 5,000% rally post-launch, positioning RTX as one of the most anticipated tokens in the market.
Remittix is in a prime position to disrupt the cross-border payments space. Contrary to its competitors, Remittix provides a complete solution that is accessible to both individuals and businesses. For those wanting to buy into the future of PayFi, this is no project to sleep on.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
