Solana Price Crash Incoming With $120 SOL Target; Investors Are Seeking Short Term Gains With RTX

Recent aggregator data shows Solana hovering near $157, with a 24-hour volume around $3.8 billion, yet conflicting forecasts suggest a potential price crash even as some bulls eye a $120 long-term target.

The chain, once celebrated for quick DeFi expansions, faces pressure from network hiccups and emerging competitors.

This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page.

While certain traders remain optimistic, talk of a short-term meltdown persists, igniting debate over whether SOL can sustain its momentum. Against this uncertainty, many are pivoting to Remittix, a PayFi alt that has soared to $12.7 million in presale funding at a token price of $0.0671. Below, we explore why Solana’s price action appears precarious and how Remittix might offer an alternative for those seeking faster returns.

Looming Crash vs. $120 Target

Although some influencers tout a $120 target for Solana, recent performance suggests the chain must overcome multiple hurdles to avoid a potential crash. Data reveals monthly volumes dipping by around 10% since January, hinting at diminished retail enthusiasm. Whales still show interest, but aggregator data indicates more frequent sell-offs than before. Observers argue that several factors could trigger a significant correction.

Source: Coinmarketcap

Ongoing critiques about centralization, plus sporadic network slowdowns, undermine confidence that Solana will quickly recapture its previous highs. Another concern is that DeFi participation on the chain hasn’t rebounded as strongly as on other networks, leaving SOL holders anxious about near-term price action.

Nonetheless, certain analysts maintain that if Solana can fully resolve performance issues and attract new developers, a future rally to $120 might not be far-fetched. They highlight its fast transaction times and earlier NFT surges as reasons to believe the chain can bounce back. Yet bridging the gap between short-term crash warnings and a lofty $120 outcome may require proof of robust partnerships and steady app usage. With so many question marks swirling, an increasing number of investors are diversifying away from SOL to altcoins promising more immediate returns, especially those tackling cross-border finance.

Why Investors Are Switching To Remittix For Faster Gains

While Solana wrestles with uncertainty, a growing contingent is looking to PayFi tokens. Remittix captures attention by focusing on day-to-day remittances in an estimated $190 trillion market, based on various data sources. Instead of advanced yield strategies or comedic branding, Remittix promises near-instant crypto-to-fiat swaps at lower fees than typical bank wires.

That tangible utility has propelled the presale to $12.7 million, dwarfing many meme or AI coin launches that stumbled this year. RTX’s liquidity is locked for three years, with the contract renounced post-presale, aimed at soothing rug-pull concerns.

Critics note that bridging local currency demands on-ground partnerships and user-friendly mobile apps, but bridging finances resonates more widely than partial chain enhancements. The impetus for short-term gains also stems from the meltdown of sectors like AI and real-world asset presales, losing billions in market cap.

PayFi solutions like Remittix appear more resilient, offering a clear cost-cutting pitch for freelancers, migrant laborers, and small businesses. At a $0.0671 token price, analysts consider it a compelling bet for near-term growth. That stable presale momentum underscores the pivot from uncertain DeFi expansions to simpler, more universally needed finance solutions.

A Shift Toward Practical Utility

In a market torn between warnings of a Solana price crash and dreams of a $120 SOL target, caution has become the norm. Traders eye the chain’s future with mixed emotions, unsure if performance improvements can prevent a sharp downturn.

This climate explains why many are seeking short-term gains with Remittix (RTX), whose PayFi model tackles everyday remittances, a mission that resonates beyond crypto-savvy circles. Over $12.7 million raised and a price of $0.0671, Remittix looks poised to ride out the uncertainty plaguing legacy chains and underperforming meme or AI projects.

Of course, every altcoin faces hurdles, from licensing to app usability. Still, the shift toward bridging local currencies might well define 2025’s biggest winners, letting Remittix draw capital from those who no longer trust purely technical or comedic narratives. For details on the presale, visit Remittix, and stay connected via Linktree. With so much focus on immediate cost savings and user-friendly transfers, a practical PayFi alt could overshadow networks that rely on sporadic hype, marking a broader realignment in investor priorities this year.

This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

Alexander Stefanov