The Solana (SOL) price has shown strength, climbing to $209.12 after a 0.85% increase, securing its position among leading blockchain networks in 2025. SOL's market capitalization stands at $113.02 billion, though trading volume declined by 12.32% to $7.34 billion. The network's popularity stems from its low gas fees and fast transactions, particularly within the DeFi community.
Significantly, validators recently passed the Alpenglow upgrade proposal, which will cut transaction finality to improve efficiency and scalability. Following this upgrade, SOL recorded a 6.5% price jump, pushing above $210. At the time of reporting, SOL was up 4.2% in 24 hours with trading volumes exceeding $9 billion, a 42.3% increase from the previous day.
Meanwhile, attention is shifting toward newer tokens offering utility beyond speed and scalability. Remittix (RTX), currently in presale at $0.1030, has raised over $23.7 million with more than 643 million tokens sold. The project is building a payment-focused blockchain platform that bridges crypto to fiat banking, enabling direct crypto payments to bank accounts in over 30 countries with live FX conversion.
Remittix has secured confirmed listings on BitMart and LBank exchanges, with a Q3 wallet beta launch scheduled. The project supports 40+ cryptocurrencies and 30+ fiat currencies, targeting the massive $19 trillion global payments market. Analysts suggest that while Solana could reach $300 this cycle, Remittix might deliver even bigger profit margins due to its real-world utility and deflationary tokenomics.