Solana News Today: RTX Surpasses SOL and XRP Amid Crypto Market Surge

As the cryptocurrency market experiences renewed volatility and momentum, Remittix (RTX) is emerging as a standout performer, surpassing the gains of well-established names like Solana (SOL) and Ripple (XRP). While both SOL and XRP have seen notable price action and positive technical indicators, RTX is capturing investor attention with its real-world utility in cross-border payments and growing adoption [1].

Solana has demonstrated a strong recovery, climbing from $140 in July to nearly $168 at the beginning of August. Santiment data highlights a social dominance level of 4.57%, indicating that institutional activity is increasing while retail hype remains subdued. The price remains above the critical $175–$180 support zone, in alignment with key exponential moving averages [2]. Momentum indicators such as MACD and AO are showing signs of cooling, yet a breakdown has not occurred. Analysts suggest that if the $172.64 level holds, the price could move toward $185–$190 in the coming weeks [2].

XRP is also showing bullish signs, trading at $3.27 with a 7.49% increase in the previous 24 hours. The asset remains above both the 50-day and 9-day EMAs, signaling continued buying pressure. Analysts have emphasized the importance of the $3.22 support level in maintaining a bullish outlook [1]. If this level is successfully defended, XRP could potentially reach $4.23, supported by a Relative Strength Index (RSI) of 61.66, which indicates room for further upside [1].

Meanwhile, Remittix (RTX) is positioning itself as a leader in the PayFi space, offering a solution that bridges the gap between crypto and traditional financial systems. The project allows for instant crypto-to-fiat conversions and serves underbanked and emerging markets where traditional banking infrastructure is limited or nonexistent. With support for over 50 cryptocurrency pairs and 30+ fiat currencies, Remittix is addressing a significant global payment challenge [1].

Analysts have noted that RTX’s practical application and growing market adoption could allow it to outperform both SOL and XRP in terms of price growth and momentum in 2025. The platform is also preparing for the beta launch of the Remittix Wallet on September 15, 2025, which is expected to enhance user experience and expand access to its services [1].

The Remittix network is gaining traction through exchange listings and potential partnerships, adding to its momentum in a year marked by explosive crypto market activity. As the industry continues to evolve, the focus is shifting toward projects with real-world utility, and Remittix is standing out for its innovative approach to global payments [1].

Source: [1] Remittix (RTX) Shines As The Crypto Market Explodes, Outpacing Solana (SOL) and Ripple (XRP) (https://coinmarketcap.com/community/articles/6898b9c7d3f2f1289a1530b1/)