Solana News Today: Solana Price Targets Cut as Whales Shift to Remittix Ahead of Q4

Several analysts have revised their near-term price targets for Solana (SOL) as uncertainty emerges following a recent pullback in price [1]. The current live price for Solana is hovering between $185 and $187 [1], and traders are now emphasizing the need for stronger performance above the mid-$180s to open the path back toward $220 and eventually $250 [1]. This suggests that while Solana maintains a strong liquidity profile, it is now expected to demonstrate momentum before bullish expectations can be rekindled.

At the same time, attention is shifting toward Remittix (RTX), a PayFi project designed for low-fee cross-chain transfers that convert directly into fiat in bank accounts [1]. Large institutional traders, or “whales,” are increasingly allocating capital to RTX ahead of its upcoming milestones, which include the public beta launch of its wallet on September 15, 2025, and the potential reveal of a listing on a major centralized exchange once the project reaches $20 million in funding [1]. These developments are creating a tangible on-chain catalyst that traders can act upon, which is often a precursor to liquidity expansion in the crypto market.

Remittix is currently priced at $0.0944 during its ongoing presale [1], with several reports noting that funding has already surpassed $18 million and is approaching the $20 million threshold [1]. This is seen as a key event because the project’s team has pledged to announce its first CEX listing at that milestone, a move that could attract fresh capital and volatility to the asset. Additionally, the platform supports over 40 cryptocurrencies and 30 fiat currencies, with real-time foreign exchange capabilities, making it attractive to cross-chain users [1].

In contrast, Solana’s near-term price trajectory has been marked by caution. Analysts now stress that Solana must reestablish control above $185 to regain confidence in the $220–$250 price range [1]. Meanwhile, Ethereum (ETH) continues to serve as the broader market’s directional indicator, with rotations expected to broaden when ETH signals strength [1].

The growing interest in RTX reflects a broader trend of capital seeking projects with clear, calendar-based catalysts. As the Q4 crypto seasonality period approaches, traders are positioning themselves around assets that can offer structured liquidity events. This is why RTX, with its dated product launch and potential exchange listing, is drawing attention from whale flows and altcoin hunters alike [1].

For investors, the takeaway is clear: Solana remains a top-tier Layer 1 network with strong fundamentals, but its price must first validate its strength before bullish forecasts can be reinstated [1]. On the other hand, Remittix offers a compelling, near-term narrative that could drive a liquidity event, particularly as the presale approaches its $20 million funding goal [1].

---

Source: [1] Solana Price Prediction Slashed As Whales Signal Strong Rotation Into Remittix Before Q4 Rally (https://coindoo.com/solana-price-prediction-slashed-as-whales-signal-strong-rotation-into-remittix-before-q4-rally/)