Is Solana Losing Its Momentum? Analysts Now Prefer This PayFi Coin As Volume Surges 400%

The DeFi landscape is shifting as institutional investors look beyond traditional layer-1s. Solana (SOL), once a frontrunner, is now facing mounting challenges as Sol price predictions turn unexpectedly bearish.. 

To hedge against the impending downside, Solana whales are investing massively in this new Layer-2 Ethereum alternative. The new undervalued crypto project is gaining serious traction as a low cap gem, drawing investor attention with its real-world use case and surging presale momentum. Let’s see why whales are pouring liquidity.

Solana’s Technical Struggles Mount Amid Market Uncertainty

SOL has dropped from its January peak of $293 to around $161–$164, signaling weakening momentum. Despite daily Solana volumes on both centralized and decentralized exchanges exceeding $7 billion, Solana is showing signs of stress. 

Technical indicators reveal a break below key support levels, a decline in SOPR below 1.00, and an increase in short positions ($1.28B vs. $924M in longs), suggesting bearish sentiment.

Solana’s fundamentals remain relatively strong with 3–6 million daily active users. However, rising competition is eroding its lead. In July 2025, SUI surpassed Solana in stablecoin transfer volume, processing $224.3B compared to Solana’s $210.7B, an early sign of shifting dominance.

Remittix Emerges as the Cross-Chain DeFi Project Redefining Global Payments

While Solana consolidates, Remittix is rapidly climbing. The project has raised over $18 million, selling more than 580 million RTX tokens. 

Remittix tackles a core pain point in crypto: enabling direct crypto-to-fiat bank transfers across 30+ countries, all without the volatility or friction of traditional platforms.

Built on Ethereum with Solana integration, Remittix’s multi-chain architecture enables secure, high-speed transactions. The Defi’s platform has more than 40 cryptocurrencies, 30 fiat currencies and real time FX conversion, removing hidden fees and time delay.

Key Features:

• Crypto-to-bank transfers in 30+ countries
  
• Multi-chain support (Ethereum, Solana and soon XRP)
  
• Business-ready API for mass adoption
  
• Mobile-first wallet launching September 15, 2025
  
• CertiK-audited smart contracts
  

Positioned for the $190T global payments market, Remittix isn’t just another token it’s a PayFi infrastructure play with long-term potential.

Remittix $250,000 Giveaway Fuels Community Growth and Adoption

To drive awareness, Remittix launched a $250,000 giveaway, drawing over 14,800 unique presale holders. This initiative not only boosts visibility but also builds early network effects essential for mainstream traction.

With a 40% presale token bonus still active and momentum building, early supporters stand to benefit as Remittix transitions from concept to deployment.

As Solana grapples with technical and competitive pressures, Remittix is seizing the moment with a utility-first approach to crypto payments. With a strong presale, strategic roadmap and growing community, RTX could be a leading PayFi contender and a top undervalued altcoin to watch for 2025.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/   

Socials: https://linktr.ee/remittix   

$250,000 Giveaway:https://gleam.io/competitions/nz84L-250000-remittix-giveaway