Solana Price Sees Biggest Drop As Dogecoin Consolidates And Crypto’s Newest Star Remittix Readies For More New Highs

The cryptocurrency market has been volatile, with Solana Price taking a significant hit recently. While Dogecoin trades within a descending wedge pattern, Remittix, a new PayFi solution, is poised to break into new highs.

Investors are looking to see if Remittix can continue its momentum and make 2025 the year of its breakthrough. Meanwhile, Solana Price continues to show signs of weakness, and analysts are questioning whether it can recover.

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Solana Price Breakdown and Bearish Sentiment

Solana (SOL), which sits pretty as the fifth biggest crypto by market cap, has hit a rough patch lately. The price of SOL has just tanked, dipping below the $180 mark, which was like a fortress holding strong since back in November 2024.

Breaking this level is a worrying sign, as SOL has now closed below this mark, confirming a bearish shift in momentum. Technical analysis shows that Solana Price could face further declines, with a possible 15% drop targeting the $155 level.

Traders are keeping a close eye on the $180 level as the next key battle zone. $115 million worth of SOL has flowed out of exchanges recently, indicating that while long-term holders may be accumulating SOL, short-term traders are betting on a price rebound. Despite the increased trading volume and growing interest, Solana Price is struggling to reclaim lost ground.

Dogecoin Consolidates: Will It Rally or Sink Further?

Dogecoin’s been stuck in a bit of a rut lately, trading in what we call a descending wedge. It’s just chilling in this narrowing price range, waiting to pop out. If you’re into patterns, this could be a sign of good things to come, but right now, Dogecoin’s still hanging out below where the big buyers used to jump in, so we’re not seeing that rush to buy just yet.

There’s some light at the end of the tunnel, though. The RSI, which kind of tells us if something’s overbought or oversold, is showing this neat little trick where the price is going down, but the RSI isn’t following the same path down—it is actually going up a bit. That’s what we call a bullish divergence, hinting that the bears might be losing their grip.

But, and it’s a big but, Dogecoin hasn’t broken through that ceiling of resistance yet. Everyone’s eyes are on it, waiting to see if it can shake off the wedge and soar. If Dogecoin manages to stay above $0.25, that could set the stage for a nice little comeback. The trick will be if it can do it with enough gusto—that is, with a lot of trading volume to back it up. Otherwise, it might just be a brief moment of excitement.

Dogecoin consolidates below key supply levels

Remittix: The Rising Star of 2025’s Crypto Market

While Solana Price and Dogecoin Price struggle, Remittix is emerging as one of 2025’s most promising investments. Remittix is making waves, having scooped up over $12.3 million during its presale and selling more than 465 million tokens. It’s become quite the talk in the crypto communities.

This PayFi protocol is all about connecting the dots between the old-school banks and the wild world of DeFi. It’s designed to let you send money from crypto to real-world cash anywhere, without breaking a sweat. Think about it: a freelancer down in South America just finished a gig for someone in Europe.

Normally, they’d be facing hefty fees, waiting ages for the money to clear, and worrying about how much the exchange rate would eat into their earnings. But with Remittix, this freelancer can receive their payment in cryptocurrency, which is instantly converted into local fiat currency and deposited directly into their bank account.

As Remittix continues to gain traction, it’s becoming clear that this platform is solving real-world financial problems. The platform’s focus on simplicity and global inclusivity has caught the attention of whales from major networks like Ethereum, who are now moving into Remittix as Ethereum’s price stagnates.

Investors are flocking to Remittix, anticipating huge growth in the coming months, and Remittix could soon become a key player in the global payments industry.

Why Remittix Could Surpass Solana and Dogecoin

With Solana Price struggling to maintain its footing and Dogecoin Price consolidating within a pattern that shows uncertainty, Remittix is quickly becoming a standout project. As Remittix focuses on providing real-world solutions, its $12.3 million+ presale and the over 465 million tokens sold demonstrate strong support from investors.

With its focus on global payments, cross-border solutions, and financial inclusion, Remittix could be ready to break into new highs as it continues to solve the challenges that limit the use of crypto in real-world scenarios.

Want to see why Remittix could be the next big thing? Check out Remittix and discover how its PayFi solution is set to disrupt global payments!

Website: https://remittix.io/
Socials: https://linktr.ee/remittix

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Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.