Solana News Today: Why Wall Street Is Shifting Focus From Solana To Real-World Crypto Utility

Solana's price has remained stable at around $210, drawing attention from traders and investors who are evaluating the broader altcoin landscape for potential upside opportunities. While Solana continues to attract institutional interest—most notably through a $164 million REX Osprey Solana ETF—market participants are also keeping a close eye on emerging projects like Remittix, which are being positioned as promising buys for the current market cycle. The ETF inflows and Solana’s high-throughput infrastructure remain key drivers of its appeal, with analysts monitoring its ability to break above the $200 support level and potentially surge toward $250 to $300 within the coming months [1].

Ethereum, on the other hand, is still viewed as a top-tier asset in terms of institutional positioning and potential for capital gains. Open interest in ETH futures has held above $55 billion, signaling continued institutional confidence. Ethereum’s appeal stems not only from its dominant market position but also from its staking yields and broader ecosystem development. While Bitcoin continues to serve as a macro hedge, Ethereum is increasingly being favored for its upside potential by asset allocators seeking exposure beyond the leading cryptocurrency [1].

XRP, meanwhile, remains range-bound around $2.83, with on-chain activity showing signs of accumulation. Large wallets have acquired nearly 340 million XRP tokens, and daily transaction volume has nearly doubled to 2.15 billion. Analysts remain divided on XRP’s near-term trajectory, with some forecasting a potential breakout toward $7 to $13 and others warning of resistance levels just above current prices. The mixed technical outlook has positioned XRP as a stable but less volatile option compared to more aggressive altcoins [1].

Amid this landscape, Remittix has emerged as a notable alternative, particularly for traders and investors seeking real-world utility backed by tangible progress. The project has sold over 643 million tokens, raised more than $23.7 million, and recently secured listings on major exchanges including BitMart and LBANK. Its token is currently priced at $0.103, and its ecosystem includes real-world applications such as direct crypto-to-bank transfers in over 30 countries. These developments give Remittix a distinct advantage over projects that rely primarily on speculative narratives or infrastructure promises [1].

Remittix's utility-first approach is further reinforced by its collaboration with auditor CertiK, which has contributed to trust and transparency in its operations. A key milestone in the project's roadmap includes the launch of a Q3 wallet beta on September 15, followed by a $250,000 giveaway to further drive adoption. Traders on Wall Street who are looking beyond speculative plays and infrastructure potential may find Remittix particularly compelling due to its real-world PayFi utility and growing traction in both market and operational execution [1].

Source: [1] Ethereum, XRP, Solana Or Remittix? Which One Are Wall ... (https://en.cryptonomist.ch/2025/09/05/ethereum-xrp-solana-remittix/)