With current changes in the crypto market, analysts are starting to focus on projects with real applications as traditional crypto assets like XRP and Solana show trading volume declines.
XRP and Solana Decline
As of the last trading day, XRP is priced at $3.42, down 1.74% in the last 24 hours, with a market cap of $202.62 billion and a 56% decline in trading volume.
Solana is also struggling, trading at $177.49 with a 1.27% drop. Solana's market cap stands at $95.47 billion, while its trading volume has decreased by over 33%. Despite having healthy ecosystems, these tokens are experiencing a short-term slowdown as investors seek high-growth altcoins.
New Cryptocurrencies on the Horizon
While XRP and Solana are cooling off, analysts are backing smaller tokens that provide real utility and rapidly growing communities. These tokens present significant upside potential and are regulars on top crypto presale lists for 2025. Among them is Remittix (RTX).
Remittix Potential
Remittix is gaining traction as one of the hottest upcoming crypto projects, addressing a $19 trillion issue in cross-border payments. It allows users to send crypto directly to bank accounts in over 30 countries without intermediaries. The project has already raised over $16 million in presale and supports over 40 cryptocurrencies and 30 fiat currencies. Remittix is also audited by CertiK.
As changes occur in the market, analysts are turning their attention to projects with real applications like Remittix, highlighting a growing interest in new opportunities and ideas within the crypto industry.