Solana’s TVL has dropped by over $1 billion, raising concerns among investors. On a brighter note, Solana-based meme coins MIRA and BONK are stealing the spotlight. MIRA is rallying strong support, while BONK has announced a massive token burn to reduce supply and increase value. Despite the broader market dip, these moves inject fresh energy into Solana’s ecosystem.
Remittix Redefines Cross-Border Payments with Crypto-Fiat Innovation
Remittix is changing how cross-border payments work by combining cryptocurrency with traditional banking. It simplifies global money transfers by instantly converting crypto to fiat and depositing it into bank accounts without delays.
Unlike Stripe or Wise, Remittix supports a variety of cryptocurrencies, making it easy for banks to handle fiat withdrawals. It also reaches the unbanked, ensuring fast, affordable, and accessible transactions worldwide.
Known as the “new XRP,” Remittix bridges crypto and fiat systems for smooth international payments in over 30 currencies. Cutting out intermediaries delivers near-instant transfers with much lower fees than traditional methods.
Remittix stands out because of its PayFi ecosystem and $RTX token, which enable lightning-fast transfers and offer VIP investors perks like up to 18% staking rewards, platinum debit cards, and voting rights on platform decisions.
Businesses can also easily integrate Remittix with its API. It supports over 40 cryptocurrencies and flat fees for fiat settlements. As more companies adopt crypto payments, Remittix becomes a vital tool for remittances and transactions.
With over 50 million $RTX tokens sold and $800,000 raised in its first week after launching their presale, Remittix is gaining traction as a game-changer in global payments.
Solana Price Outlook: TVL Drops, MIRA Gains Momentum, BONK Burn Sparks Optimism
Solana’s Total Value Locked (TVL) has dropped to $8.01 billion, a 12% decline since December 1, as $1.1 billion exited the network. Jito, Solana’s top DeFi protocol, has been hit hardest, with its TVL falling 28% in the past month to $2.66 billion. This decline mirrors a broader drop in user activity, with unique addresses completing transactions down by 7% to 5.37 million over the past 21 days.
Lower network usage has also led to a 24% plunge in Solana’s revenue this month, worsened by a 28% drop in SOL’s value over the past 30 days. However, recent developments in the meme coin space could bring a turnaround. MIRA, a new Solana-based coin, launched with an $80 million market cap in just five hours. Its creator donated part of the proceeds to fund brain tumor research, drawing attention to the ecosystem.
Meanwhile, BONK, another popular Solana meme coin, announced it would burn 1.69 trillion tokens, exceeding its original goal. This move could further boost BONK’s value and drive activity on Solana. With these developments, analysts are optimistic, predicting Solana’s price could rebound to $250 or even $300.
Remittix’s Presale Price Hits a New ATH
$RTX has climbed from $0.0156 to $0.0167, with the next token block set to push the price to $0.0172, offering a 2.45% return for early buyers. Rumors of a Tier-1 DEX listing, like Uniswap, have fueled speculation of a potential 5,000% surge, drawing attention to this altcoin.
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