Chainlink and Remittix Surge as Solana's Security Woes Persist

Chainlink and Remittix are emerging as top gainers in the bull market, with analysts predicting they could surpass Solana. This shift in sentiment comes as Solana faces security concerns following a breach involving its largest DEX aggregator, Jupiter.

Solana's security incident has rattled investor trust, with the project's largest DEX aggregator, Jupiter's official X account, compromised. This led to fraudulent meme coins being promoted and users losing millions in SOL. The incident has raised doubts about the security of the Solana ecosystem, leading to a 12.9% drop in SOL's market value in just 48 hours.

In contrast, Chainlink has been gaining significant momentum, driven by growing institutional interest in real-world assets (RWAs). Whales and savvy investors have been heavily purchasing LINK, acquiring it at prices between $17 and $21 since early February. Historically, such behavior by major holders has resulted in significant price increases. Chainlink is also experiencing heightened retail demand, with buying pressure significantly outstripping selling. Currently priced at $19.21, analysts anticipate a surge to $36, making it one of the best crypto coins to buy now.

Remittix, another project gaining traction, provides a much-needed solution in the DeFi space. It is an innovative PayFi tool enabling people and businesses to seamlessly deposit fiat payments using their crypto assets. Users can convert over 40 cryptocurrencies into fiat and transfer them to any bank account worldwide. Industry analysts are optimistic about Remittix's potential, viewing it as a pivotal component in DeFi's growth and a potential candidate to increase 100 times in value. Like the real-world adoption boosting Chainlink's price, Remittix's capability to enable immediate fiat payments via crypto positions it as one of the best crypto coins to buy now.