Solana News Today: Institutional Capital Favors Solana XRP and Remittix as ETF Hype Grows

Institutional capital is increasingly positioning in key altcoins as anticipation builds around potential ETF approvals, with Solana (SOL), XRP, and Remittix (RTX) emerging as focal points. The market dynamics suggest a strategic shift by smart money toward assets showing institutional and legal momentum ahead of regulatory developments [8].

Solana has gained traction following major institutional players like VanEck and Grayscale filing for spot Solana ETFs, which has reinforced bullish sentiment among traders. Derivatives activity has also moved from Ethereum to Solana as anticipation grows for mainstream ETF exposure. Analysts have set price targets for Solana between $250 and $500 by the end of the year, driven by both regulatory optimism and DeFi adoption [1].

Meanwhile, XRP has seen aggressive accumulation, with whale activity adding 40 million tokens in a single day. This aligns with ETF inflows nearing $400 million, as companies like Bitwise and 21Shares continue to push for regulatory approval. Analysts predict that XRP could capture significant institutional flows in Q3, despite the meme-driven hype surrounding tokens like Pepe [8].

Amid these developments, Remittix has quietly attracted attention from early-stage investors. The DeFi project offers real-world utility by targeting underserved markets, particularly for freelancers and gig workers in over 30 countries. With a Q3 wallet beta launch approaching and Ethereum and Solana chain support in place, the project has raised over $17.9 million and sold more than 577 million RTX tokens. It also offers a 50% token bonus and has been audited by CertiK, adding to its credibility [8].

While Pepe coin dominates the meme coin narrative, seasoned investors are favoring projects with tangible use cases and long-term potential. Remittix, in particular, has been highlighted as a top presale of the year due to its cross-chain capabilities, low gas fees, and real-world financial infrastructure. Experts consider it a potential breakout story for 2025 [8].

The broader altcoin market is also witnessing innovation, such as the Snorter Bot Token, which raised $2.6 million to expand a Solana-based trading bot. These developments underscore a trend toward DeFi projects with on-chain utility and practical applications [6].

As ETF speculation continues to drive market sentiment, the shift toward high-momentum altcoins reflects growing confidence in assets with both technological and institutional backing. This positioning appears to be part of a larger structural rotation in crypto, with capital increasingly flowing to projects that align with regulatory developments and real-world adoption [3].

Sources:

[1] title: Binance Square - Tariq haneef profilja (https://www.binance.com/hu/square/profile/Square-Creator-ffd7691a95384)

[3] title: Crypto markets are showing structural rotation: BTC and ETH (https://www.facebook.com/groups/pinetapp.shop/posts/173****591056661/)

[6] title: Snorter Bot Token Targets 10x as Launchpad Beats Pump. ... (https://cryptonews.com/press-releases/snorter-bot-token-targets-10x-launchpad-beats-pumpfun/)

[8] title: Smart money is positioning in SOL, XRP before the ETF ... (https://invezz.com/news/2025/08/01/smart-money-is-positioning-in-sol-xrp-before-the-etf-wave-and-this-surprise-altcoin-too/)