Solana News Today: As Crypto Crashes, RTX Rises: Tariff-Driven Shift to Utility-Driven Assets

The cryptocurrency market reeled from a historic selloff following President Donald Trump's announcement of a 100% tariff on Chinese imports, triggering over $19 billion in liquidations and sending Bitcoin and Ethereum into freefall. Yet, amid the turmoil, a new narrative is emerging: institutional investors and "whales" are pivoting toward Remittix (RTX), a PayFi project disrupting cross-border payments, as analysts hail it as the most compelling buy in October.

The Trump-driven tariff shock, announced on October 10, 2025, sent shockwaves across global markets. Bitcoin plummeted 7% below $110,000, while Solana and Ethereum suffered steeper declines. Over 1.66 million traders faced liquidations, with leveraged long positions accounting for $16.8 billion of the losses. The selloff mirrored the March 2023 flash crash in scale, underscoring crypto's heightened sensitivity to macroeconomic shifts.

Despite the bloodbath, Solana holders are quietly reallocating capital to Remittix, a project positioned to capitalize on the $190 trillion cross-border payments market. RTX's presale has raised $25.8 million, with over 664 million tokens sold, attracting both retail and institutional buyers. The token's deflationary mechanics, CertiK audit, and confirmed listings on BitMart and LBank have fueled its ascent. Early investors are already reporting 30–60% gains, with analysts likening RTX's potential to "XRP 2.0".

Remittix's value proposition lies in its PayFi platform, which enables instant crypto-to-fiat conversions in 30+ countries at 0.1% fees-far cheaper than traditional remittance services like Western Union. The project's hybrid blockchain architecture integrates with Solana and Ethereum, offering a seamless bridge between digital assets and fiat banking systems. With a live beta wallet and partnerships with financial institutions, RTX is scaling rapidly, processing 400,000 transactions by Q3 2025.

While Solana remains a top-tier asset, its role is shifting from standalone exposure to infrastructure for projects like Remittix. Solana's low fees and high throughput make it an ideal backbone for PayFi solutions, but its price action has been volatile post-tariff announcement. SOL is currently trading near $222, with bulls eyeing a breakout above $240 to target $275–$300. However, analysts caution that sustained momentum will require narrative catalysts, not just technical strength.

Remittix's combination of real-world utility, regulatory compliance, and strategic partnerships positions it as a standout in 2025's crowded crypto landscape. Unlike speculative projects, RTX addresses a tangible pain point: the inefficiency of global remittances. Its CertiK audit and 15% referral rewards have further bolstered trust. With a $250,000 community giveaway and expansion plans into 50+ countries by 2026, the project is attracting attention from both DeFi enthusiasts and traditional finance players.

The Trump tariff's long-term impact on crypto remains uncertain. While a short-term recovery could follow if China softens its trade stance, the broader trend points to a structural shift toward utility-driven assets. Remittix's focus on cross-border payments aligns with macroeconomic tailwinds, including the digitization of global commerce and rising demand for cost-effective remittance solutions.

For traders navigating the post-tariff landscape, the message is clear: volatility is inevitable, but opportunities persist for projects with real-world adoption. As one analyst put it, "RTX isn't just another altcoin-it's payments infrastructure being built live." With Solana powering the rails and Remittix enabling the flow, the PayFi revolution is accelerating.

Source: [1] Trump's 100% China Tariff Triggers $20B Wipeout, ... (https://finance.yahoo.com/news/trump-100-china-tariff-triggers-091235751.html)

[2] Solana Price Prediction: Whales Are Betting Big On Remittix After Experts Call It The Best Crypto To Buy In October (https://blockonomi.com/solana-price-prediction-remittix-is-on-track-to-become-the-best-crypto-investment-to-make-in-2025/)

[3] Crypto Market Plunges After Trump Announces 100 (https://www.hokanews.com/2025/10/crypto-market-plunges-after-trump.html)

[4] Remittix (RTX) Rockets Towards 2025: A Deep Dive into the PayFi ... (https://markets.financialcontent.com/stocks/article/marketminute-2025-9-15-remittix-rtx-rockets-towards-2025-a-deep-dive-into-the-payfi-tokens-explosive-potential)

[5] Solana Vs Remittix: Which Could 20x This Year? - AMBCrypto (https://ambcrypto.com/solana-vs-remittix-which-could-20x-this-year/)

[6] Remittix (RTX) Cross-Border Payments: An Analysis of PayFi ... (https://blog.ju.com/remittix-rtx-cross-border-payments/)

[7] Remittix (RTX) Emerges As A Top Contender In The $190 Trillion ... (https://www.analyticsinsight.net/cryptocurrency-analytics-insight/remittix-rtx-emerges-as-a-top-contender-in-the-190-trillion-cross-border-payments-market)

[8] Why Remittix (RTX) is Outpacing Pi Coin and Cardano in ... - Bitget (https://www.bitget.com/asia/news/detail/12560604947530)

[9] Solana holders tap into PayFi altcoin Remittix after ... (https://invezz.com/news/2025/10/08/solana-holders-tap-into-payfi-altcoin-remittix-after-analysts-predict-the-next-surging-market/)

[10] Solana and Remittix: The Crypto Investments Set to Dominate 2025 (https://shine-magazine.com/solana-remittix-crypto-investments-2025/)