"Solana Surges 10% in 15 Minutes, Stellar Eyes All-Time High, Remittix Raises $8.2M"

Coin WorldWednesday, Jan 29, 2025 1:00 pm ET
1min read

Solana's price could experience significant volatility in 2025, with analysts predicting a potential surge in value. Meanwhile, Stellar (XLM) has been making headlines with its recent price movements and news that could drive its price higher. Another altcoin, Remittix, is also gaining traction and is expected to see explosive growth in the coming years.

On January 24, Solana (SOL) surprised traders with a sharp price increase, rising from $150 to $165 in just fifteen minutes, a 10% increase. This significant shift was accompanied by a high trading volume of over 5.2 million SOL. Additionally, on-chain data revealed a 20% increase in the number of wallets actively using Solana's network, with the SOL/BTC trading pair also showing gains. A tweet from a prominent trading professional highlighting SOL's outstanding past performance may have contributed to the excitement.

Traders find great significance in this price swing, as it implies that Solana may be in a short-term bullish trend. If this trend continues, traders and investors may see even more fascinating price swings in the coming days. Increased trading volume also indicates a high level of liquidity and interest, facilitating SOL purchases or sales for traders.

Stellar (XLM) has recently experienced an impressive 600% price rise and could reach $0.64 in November 2024. However, the price has been fluctuating since then and is currently facing major resistance. XLM is up against a long-term resistance line spanning more than 2,500 days, which it has attempted to overcome three times. Despite this, XLM has been following a symmetric triangle pattern, indicating another price movement in the near future. If Stellar can surpass this long-standing resistance line, the next target would be $0.70, opening the path for a fresh all-time high. Positive developments regarding the Stellar Community Fund, which will support up to $150,000 for new initiatives, help XLM maintain momentum in 2025.

Remittix, a new altcoin, is gaining attention for its ability to transform cross-border payments by bridging the gap between traditional banking and digital currencies. With over $8.2 million already raised by the ICO, the platform's capacity to simplify crypto-to-fiat transactions shows great demand. Rem

Comments



Add a public comment...
No comments

No comments yet

Disclaimer: The news articles available on this platform are generated in whole or in part by artificial intelligence and may not have been reviewed or fact checked by human editors. While we make reasonable efforts to ensure the quality and accuracy of the content, we make no representations or warranties, express or implied, as to the truthfulness, reliability, completeness, or timeliness of any information provided. It is your sole responsibility to independently verify any facts, statements, or claims prior to acting upon them. Ainvest Fintech Inc expressly disclaims all liability for any loss, damage, or harm arising from the use of or reliance on AI-generated content, including but not limited to direct, indirect, incidental, or consequential damages.