Solana Eyes $300 as Technicals and Institutional Interest Align, While Remittix Gains Traction Ahead of Key Launches

yesterday / 15:54

Solana (SOL) is generating significant bullish momentum, with analysts targeting a potential move toward $300. The cryptocurrency recently surged over 15%, trading near $203, and is now testing key resistance at $213. Technical patterns, including a golden-cross setup and an ascending triangle formation, support the optimistic outlook. A breakout above $213 could open a path to $238, $260, and eventually $300.

This momentum is underpinned by growing institutional credibility, notably the Nasdaq uplisting of SOL Strategies, which signals deeper market acceptance. On-chain metrics further bolster the bullish case, with over $500 million in tokenized real-world assets and more than $11 billion in stablecoins now on the Solana network.

Meanwhile, a new utility-focused payment token, Remittix (RTX), is attracting investor attention. The project has raised over $24.6 million through the sale of more than 649 million RTX tokens at $0.1050 each. Key upcoming milestones include centralized exchange listings on BitMart and LBank, along with the launch of its beta wallet in mid-September (Q3 2025). The wallet will support over 40 cryptocurrencies and 30 fiat currencies, featuring real-time foreign exchange conversion and crypto-to-bank transfers in more than 30 countries.

Remittix distinguishes itself through its utility-first approach, focusing on solving cross-border payment issues with low gas fees, staking options, and CertiK-audited security. Some market analysts suggest the token could deliver up to 20x growth this year following its exchange listings and product launches.

Cardano (ADA) is also mentioned in the context of market consolidation, currently trading around $0.852 and testing resistance at $0.83. A break above this level could push ADA toward $0.92, though rejection might lead to a pullback toward $0.60-$0.75.