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Sui SUI $4.34 24h volatility: 1.2% Market cap: $13.09 B Vol. 24h: $619.08 M might be stuck in a consolidation period for now, but analysts are already tipping at a potential rally after the highly anticipated token unlock on January 1. Solana appears to be losing investor confidence as the token trades below $200 for the second consecutive week.
Amid this uncertain market sentiment, savvy traders are moving money to Remittix’s PayFi ecosystem that facilitates seamless cross-border transactions. Can Remittix mimic the gains of SUI and SOL in early 2025?
Sui (SUI) Poised for a Massive Rally after Token Unlock Event
Sui is gearing up to unlock $300 million worth of tokens on January 1, making analysts optimistic about Sui’s potential for growth. Sui’s price has already shown impressive resilience by witnessing a 31.25% price jump over the last 30 days. During this rally, Sui’s price reached a record high at $4.93 before entering a short-term consolidation phase.
Sui is currently trading for $4.11, with analysts projecting a price of $5 by the end of January 2025. Analysts are pointing towards the inverse head and shoulders pattern on the SUI/USDT daily chart as a precursor to the upcoming rally. If Sui regains investor confidence, Sui’s price could rally beyond the $5 milestone in Q1 2025.
Solana (SOL) Poised for Steeper Decline as Investors Lose Interest
Solana SOL $259.3 24h volatility: 1.6% Market cap: $126.68 B Vol. 24h: $9.56 B has witnessed a challenging week as the token’s price recorded an 11.4% decline between December 18 and December 24. Critical metrics like Solana’s Total Value Locked fell to $8.23 billion, indicating low investor interest. Despite this bearish outlook, Solana’s DEX volume still outperformed Ethereum in December which marks the third consecutive month of Solana’s reign over the market.
Solana is currently trading for $183.89 after an intraday decrease of 2.59%. Solana’s technical indicators like the Momentum Indicator and MACD Level are still flashing strong sell signals, potentially warning traders against investing right now. As Solana’s RSI falls deeper into the oversold territory, analysts expect Solana to crash toward the S1 support at $173.62 before witnessing a potential resurgence.
Why Remittix (RTX) Is Being Tipped as the Next Solana
Remittix is following in Solana’s footsteps by revolutionizing the market with disruptive new technology. As Solana becomes outdated, savvy traders are jumping ship to Remittix’s viral PayFi solution that enables seamless cross-border trading.
Using Remittix, users can make seamless crypto-to-fiat payments from anywhere in the world. Remittix’s PayFi ecosystem works with the native $RTX token, helping the platform accept any cryptocurrency in the market. This crypto is instantly converted into fiat and deposited to a recipient’s bank account in local currency, regardless of their location. This quick and simple process sets Remittix apart from traditional banking apps like Stripe, Coinbase, and Wise. These platforms still restrict users to their crypto or fiat transactions, while Remittix drives global adoption of crypto with its PayFi ecosystem.
Remittix processes every transaction through its fully audited smart contract, making all transfers 100% secure and slippage-free. Remittix is also committed to transparency as the platform gives users access to public ledgers that are completely unchangeable. Users’ financial data is automatically encrypted on Ethereum’s immutable blockchain, adding another layer of security to Remittix’s ecosystem.
Aside from these trading benefits, Remittix also offers real-world utility by offering staking rewards. Long-term $RTX holders receive annual staking rewards with up to 8% APY, while VIP-tier investors receive a whopping 18% APY.
$RTX tokens are currently priced at just $0.0163 each, making now the ideal time to become a VIP-tier investor in Remittix before it skyrockets to Sui and Solana’s level in 2025.
Join the Remittix (RTX) presale and community.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.