Solana News Today: Investors Turn to Remittix as Cardano Weakens and Solana Struggles to Scale

Generated by AI AgentCoin World
Sunday, Aug 31, 2025 4:56 pm ET1min read
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Aime RobotAime Summary

- Solana, Cardano, and Remittix are highlighted as 2025 crypto investment candidates, with Remittix gaining traction for real-world utility.

- Solana faces growth challenges due to its $109.69B valuation, while Cardano's price decline and weak on-chain activity signal bearish pressure.

- Remittix (RTX) offers cross-border payment solutions, supports 40+ cryptocurrencies, and has raised $22.4M in presale with infrastructure progress on BitMart and LBank.

- Whale accumulation of 150M ADA tokens contrasts with shifting investor sentiment toward utility-driven projects like Remittix, which emphasizes real-time crypto-to-bank transfers and CertiK-audited smart contracts.

Solana,

Cardano
, and Remittix are all being closely watched as potential candidates for delivering substantial returns in 2025.
Solana
, currently trading at $202.88, holds a market cap of $109.69 billion, but its large valuation poses a challenge for exponential growth. In contrast, Remittix (RTX) is emerging as a promising alternative, offering a much lower entry point at $0.1000 per token and already raising over $22.4 million in its ongoing presale [1]. With 630 million tokens sold, Remittix is capturing attention as a real-world utility-focused project, distinct from speculative or meme-based tokens [1].

Cardano, on the other hand, has experienced a decline in recent months, with its price dropping below key support levels and on-chain activity showing signs of weakening. Over the past week,

ADA
has fallen by approximately 1%, with technical indicators and on-chain metrics suggesting ongoing bearish pressure [2]. Despite this, whale activity has shown accumulation of 150 million ADA tokens in just two weeks, hinting at potential future price support [2]. However, the broader sentiment appears to be shifting toward projects that offer tangible utility, particularly in the PayFi space.

Remittix stands out in this context due to its real-world applications. The project is designed to address inefficiencies in cross-border payments, supporting over 40 cryptocurrencies and 30 fiat currencies. Users can transfer value from crypto to traditional bank accounts across 30+ countries, offering real-time FX conversion and low gas fees. This utility-driven model differentiates it from many other tokens in the market [1].

The project is also making significant strides in infrastructure development. Remittix has confirmed its first listing on BitMart following the $20 million funding milestone, with a second listing on LBank expected after reaching $22 million [1]. Additionally, the project has announced a beta wallet release in Q3 2025, which will support real-time crypto-to-bank transfers. The platform’s smart contracts have been audited by CertiK, enhancing security and transparency [1].

Investor confidence in Remittix is further reinforced by its ongoing $250,000 community giveaway campaign, aimed at boosting engagement and adoption [1]. These developments position Remittix as a strong contender among DeFi projects with real-world utility, particularly in a market where demand is shifting toward solutions that deliver tangible value [2]. As Cardano struggles with bearish momentum, investors are increasingly turning to projects like Remittix that align with evolving market expectations and offer scalable, real-world applications.

Source:

[1] Solana, Cardano Or Remittix, Which Of These Could Make You A Millionaire In 2025 (https://blockonomi.com/solana-cardano-or-remittix-which-of-these-could-make-you-a-millionaire-in-2025/)

[2] Why Cardano Price Is Falling In August As Remittix Tops ... (https://coinpedia.org/press-release/remittix-tops-the-chart-for-top-crypto-investment-in-2025/)