Solana News Today: Remittix Surpasses $19.1M Presale Funding Amid Solana and Cardano Volatility

A new altcoin, Remittix (RTX), has generated significant buzz in the crypto space after surpassing $19.1 million in total funding during its presale phase. The project, which is selling over 580 million tokens, has captured the attention of investors seeking real-world utility in the crypto-to-bank remittance sector [1]. Priced at $0.0922 at the time of reporting, RTX is being compared by some observers to well-established altcoins like Solana (SOL) and Cardano (ADA), particularly due to its ambitious roadmap and real-world infrastructure [2].

What sets Remittix apart is its focus on PayFi—enabling low-cost, real-time cross-border transactions across more than 30 countries. The project is backed by a CertiK audit, adding a layer of trust and transparency, and is preparing for a Q3 2025 wallet beta that will support Ethereum and Solana, with future ADA integration in the works [3]. A CEX listing is also expected to trigger once the $20 million funding threshold is reached. These milestones suggest a project with clear execution goals and a strong value proposition.

Meanwhile, both Solana and Cardano remain key players in the altcoin landscape. Solana’s recent price action saw a roughly 9% increase, fueled in part by speculation around a potential ETF and continued institutional interest [4]. However, transaction volume and whale activity suggest that retail demand has begun to plateau, and upward momentum appears more sentiment-driven than adoption-based [5].

Cardano, trading near $0.78, remains a top-tier altcoin in 2025 discussions. A recent pullback from a $0.80 breakout level has seen some profit-taking, but ongoing development efforts—such as a $71 million grant program—suggest that long-term growth is still on the table [6]. Whale activity has also started to shift toward Remittix, indicating a potential reallocation of attention and capital among large stakeholders [1].

Despite the strong fundamentals of established projects like Solana and Cardano, Remittix’s unique positioning in the cross-border payment sector could give it a competitive edge. Its funding pace, combined with tangible utility and a clear path to product development, has raised questions about whether it could outperform traditional chains in the long run [2]. Analysts note that the project’s success will ultimately depend on execution, regulatory clarity, and continued market confidence [3].

[1] https://www.livebitcoinnews.com/new-altcoin-just-surpassed-19-million-in-funding-is-this-the-next-sol-or-ada/

[2] https://coincentral.com/best-crypto-presale-to-invest-in-remittix-set-to-obliterate-cardano-and-solana-in-the-2025-bull-run/

[3] https://coinjournal.net/news/best-altcoin-to-buy-now-after-bitcoin-price-eyes-new-highs-this-crypto-is-skyrocketing-after-cex-reveal-announcement/

[4] https://www.bitcoininsider.org/article/282556/sol-price-prediction-180-1k-potential-or-layer-brett-true-140x-meme-alternative

[5] https://coincentral.com/the-hottest-altcoin-this-summer-could-kick-out-cardano-from-top-15-spot/

[6] https://99bitcoins.com/news/altcoins/is-blackrock-set-to-become-ethereums-biggest-validator-heres-how-eth-usd-can-hit-15k/