Large holders of Solana are reallocating their assets to promising projects as interest in Solana continues to wane.
Whales Exit Solana as Activity Declines
Recent whale activity on the Solana market raises concerns. After failing to stay above the $200 mark, the token's price is trending downward. The Liveliness metric, which tracks long-term holder movements, just reached a monthly high, often signaling heavy selling. In just two days, the number of new addresses on the Solana network decreased by 1.4 million, indicating waning interest from new investors.
Why Investors Are Switching to Remittix
As Solana loses momentum, some large holders are now focusing their attention on Remittix, a token showing significant growth and real utility. The project has raised over $17.6 million and sold over 572 million tokens, proving that both retail and institutional interest are heating up.
New Investment Directions
Investors may not be exiting due to a lack of faith in cryptocurrency but rather seeking the next breakout opportunity. With Remittix set to launch the beta version of its wallet on September 15, 2025, offering relevant tools for global payments, it may attract more capital inflows in the future.
Given the current market trends, investors appear to be looking for new promising assets like Remittix that could take leading positions in the DeFi and payments sectors.
