The Trump tariff war against China triggered a massive crypto sell-off, resulting in over $30 billion in liquidation losses, with Solana (SOL) accounting for approximately $2 billion of that amount. As repositioning begins, various analysts are issuing price predictions for SOL, highlighting its potential rebound and growth trajectory.
Over the past few months, Solana's price has been testing yearly resistance levels, driven by growing confidence in its ecosystem. This includes increasing developer activity, an expanding NFT market, institutional interest, and DeFi growth. In a key analysis, Ali Martinez reported that SOL appears to be breaking out of a cup-and-handle pattern. If confirmed, this technical setup could propel the price to $1,300, but only after it clears the $250 neckline. However, analysts caution that SOL's performance is heavily dependent on overall market momentum, and any resurgence of trade wars could lead to declines.
Simultaneously, the article promotes Remittix (RTX) as an alternative investment, claiming it offers a potential 100x return. Remittix aims to revolutionize the global crypto-to-fiat remittance market, facilitating transactions in over 30 countries and supporting more than 40 cryptocurrencies. Key features include a completed CertiK audit, locked liquidity and team tokens for three years, and ongoing beta testing for its wallet. It is designed for both crypto natives and non-users, emphasizing speed and reliability without requiring recipients to have a wallet.
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