Ethereum News Today: Solana and Ethereum Face Uncertainty as Remittix Hits $20.7M Presale Milestone

Late 2025 has seen a notable shift in the cryptocurrency market as Solana (SOL) and Ethereum (ETH) experience consolidation and short-term uncertainty, while Remittix (RTX) continues to set new presale records and reinforce its standing as a leading cross-border crypto solution [1].

Solana has transitioned from a descending trend into two distinct accumulation zones, a pattern often seen during market consolidation [1]. Technical indicators, including the formation of an ascending triangle on the weekly chart, suggest a potential breakout could occur above the $260 level, which might drive the price toward $320–$350. This potential upward movement is supported by over $1 billion in value bridged into the Solana network within the last 30 days [1].

Ethereum, on the other hand, has entered a correctional phase following a near all-time high. On-chain data, such as the Block Subsidy Model and MVRV Pricing Bands, indicates the market may be in the early stages of a four-wave correction [1]. Despite this, Ethereum has shown strong bullish signals, including ETF inflows and increasing dominance. Analysts like Arthur Hayes and Tom Lee remain optimistic about Ethereum’s long-term trajectory, citing positive price action as a sign of an ongoing five-wave bullish trend [1].

In contrast to the stagnation of major cryptocurrencies, Remittix has demonstrated consistent and strong momentum. As of late 2025, the project has raised $20.7 million and sold over 614 million RTX tokens [1]. Remittix has already secured a listing on BitMart and is preparing for a second centralized exchange listing with a valuation target of $22 million [1]. The platform is also set to launch a beta wallet in Q3, offering seamless fiat conversion and low-fee transactions across multiple currencies.

Investors are increasingly showing interest in Remittix due to its utility-driven approach, real-world applications, and multi-chain compatibility. The platform supports DeFi features such as staking and low-gas transactions, further enhancing its appeal [1]. With strong community and institutional momentum, Remittix is positioning itself as a preferred alternative for investors seeking exposure beyond traditional cryptocurrencies [1].

Source:

[1] Invezz - SOL And ETH Falters But Remittix Keeps Breaking New Presale Milestones

https://invezz.com/news/2025/08/23/sol-and-eth-falters-but-remittix-keeps-breaking-new-presale-milestones/