Whale rotations, technical upgrades, and corporate treasury programs have been at the centre of bullish winds blowing amongst alts. Ethereum is leading the pack, as deepening institutional interest in the asset has flipped sentiment bullish; there is renewed hope that a new ATH will be recorded soon.
Solana (SOL) is another example of this; the asset is edging in a bullish direction. This comes after Nasdaq announced SOL strategies will be listed on the platform and will begin trading under the ticker STKE, early next week.
Some market analysts have gone ahead to call Solana hitting $250 in September, before a final push towards the $300 price level in the final quarter. Meanwhile, there is Remittix (RTX), a relatively new alt gaining traction ahead of its anticipated mainnet launch, which happens in a few weeks.
On-chain metrics confirm retail and whale accumulations haven’t slowed down, amassing a whopping $24 million worth of RTX tokens. In this article, we will consider the next targets for Solana price and why this new crypto might be the best buy for investors to flip $1,000 to $10,000 this cycle.
Could Solana Price Breach the $250 Resistance Before Q4?
There are multiple catalysts pushing the bullish argument for Solana; one of which is the recent Nasdaq’s announcement of Solana strategies to be listed under the “STKE” ticker. This brought a dose of credibility to the network, pulling in more institutional investors. Treasury programs of this size will expand investor access to SOL and set it up for more mainstream adoption.
On the technical front, the Alpenglow upgrade has also been a talking point, with developers and investors praising its potential to improve efficiency across the network. DeFi Development, an investment corporation, crossed over $2 million in SOL holdings, reinforcing how institutional demand often follows technical improvements.
From a technical standpoint, things are also looking good for the asset. At report time, Solana price sits comfortably above the $200 psychological level, consolidating for the past 48 hours near $205 after its latest breakout.
Analysts suggest that Solana is showing signs of strength rather than exhaustion. Hence, breaching the $250 level later this month looks feasible, and the $300 price level could be the next resistance before the final quarter.
Remittix’s Momentum is Growing Ahead of Market Debut
Remittix is a payment solution built to reinvent how everyday users and businesses financially interact with each other across borders. On this platform, users enjoy perks such as mobile-app-like experience, direct crypto-to-fiat conversions, accessibility for users in underbanked regions. and seamless transaction processing.
This project has been a hot topic of discussion within crypto circles, after securing successive pumps since the start of H2. What’s more is that the new altcoin is gaining bullish momentum ahead of its anticipated market debut, scheduled for late September.
On-chain activity further supports this growing confidence, with whale and retail accumulations pushing $24 million in RTX tokens locked in ahead of its debut.
Experts put this side by side with its strong product roadmap and forecasted global footprint, and argue that Remittix could turn out as one of the top crypto millionaire stories this cycle.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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Disclaimer: Cryptocurrency mining and investment involve risks and may result in financial loss. This information is for general purposes only and does not constitute financial or investment advice. Always conduct your own research before participating.