Solana News Today: Solana Surges 120.95% as Remittix Presale Hits $19.4M with 40% Bonus

Solana is experiencing a resurgence in market interest, with investors and traders taking note of the token's recent performance. As of the latest reports, SOL is trading at $202.15, supported by a market cap of $108.88 billion and daily turnover of $12.68 billion, indicating a 120.95% surge in recent trading activity [1]. This renewed optimism reflects broader investor demand for high-performance blockchain networks, with Solana’s fast transaction speeds and active on-chain usage contributing to its appeal.

The market has also seen growing attention toward Remittix (RTX), a decentralized payment platform aiming to bridge the gap between traditional finance and crypto. Remittix has raised over $19.4 million through its presale, with more than 598 million tokens sold at $0.0944 apiece [1]. The project is set to launch a beta version of its mobile-first wallet in the third quarter of 2025, offering real-time crypto-to-fiat conversions and access to 30+ countries. The platform is designed to support a wide range of use cases, including remittances, freelance payments, and business transactions, positioning it as a utility-driven alternative to speculative assets [1].

The presale has been supported by a 40% token bonus for early investors, along with a $250,000 giveaway to incentivize adoption. These incentives are expected to drive further participation, especially as the project approaches a $20 million milestone. Upon reaching this target, Remittix will announce its first listing on a centralized exchange, which analysts believe could significantly enhance liquidity and exposure for the token [1].

The growing traction for both Solana and Remittix aligns with broader market dynamics. Institutional interest appears to be shifting toward Layer 1 blockchains and utility-based tokens, with high-net-worth investors and whale traders rotating capital into projects that demonstrate real-world application and strong on-chain metrics. Some early adopters of Dogecoin and Solana have also shown interest in Remittix, highlighting a trend of diversification among crypto investors [2].

On-chain data suggests that Solana is outperforming Ethereum in key performance indicators, while Remittix continues to show upward momentum in the altcoin space [3]. Analysts are closely monitoring whether this trend could lead to a consolidation phase for Solana, particularly following its rapid price appreciation earlier in the year [4].

AI-driven analysis has also highlighted Solana, Remittix, and Dogecoin as tokens with rising positive sentiment. These models suggest that investor attention and social media mentions are aligning with potential price movements. However, it is important to note that such projections remain speculative and should not be treated as financial guarantees [5].

While the market environment remains volatile, the focus on speed, utility, and real-world application continues to favor Solana and similar projects. The token’s performance will largely depend on sustained institutional interest and further adoption of its ecosystem. As Remittix moves closer to its presale goal and anticipated CEX listing, it may provide another avenue for investors seeking exposure to practical blockchain innovation [1].

Source:

[1] Blockonomi - https://blockonomi.com/solana-bulls-are-back-could-sol-follow-remittix-to-fresh-all-time-highs/

[2] Mitrade - https://www.mitrade.com/insights/news/live-news/article-3-1036482-20250813

[3] Investing.com - https://za.investing.com/news/technology-news/best-crypto-to-buy-now-early-dogecoin-and-solana-investors-quietly-accumulate-remittix-3840933

[4] Tribune - https://www.tribuneindia.com/partner-exclusives/aurealones-rapid-growth-aligns-with-ethereums-momentum-key-crypto-trends-to-watch-in-august-2025/

[5] CoinGlass - https://www.coinglass.com/ru/news/532771