• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Solana Updates: Notable Breakout and DeFi Growth

user avatar

by Giorgi Kostiuk

5 hours ago


Updates about Solana continue to support positive market dynamics. Prices are rising, and activity in the DeFi sectors is increasing.

Solana Market: Breakout and Support

Solana (SOL) is currently trading around $185 after breaking above the top of an ascending triangle that has been forming since March. This breakout confirms strong technical momentum, especially if SOL continues to hold support near $190. The current total value locked (TVL) in DeFi on the platform has reached $10 billion, the highest since January. This indicates that more capital is flowing into Solana’s lending platforms, liquidity pools, and smart contract vaults.

Comparing with Remittix: Real Utilities and Initial Momentum

Remittix (RTX) is focusing on the payment sector, offering a real product and a clear mission aimed at improving global money movement. So far, over 569 million tokens have been sold at a price of $0.0876. The project has raised more than $17.3 million from retail and private buyers, and its wallet is currently in beta testing.

Future of Remittix: Growth Opportunities

Some analysts believe that the idea of RTX rising from $0.08 to $125 is possible if the project continues to evolve and gain popularity, similar to how Solana experienced growth. However, such projections require cautious consideration as no outcomes can be guaranteed.

Solana's updates demonstrate that the digital asset market has the potential for rapid growth. Predictions for Remittix also look intriguing, but its success will depend on continued growth in popularity and the implementation of real solutions.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Peter Brandt Predicts Potential Surge for Stellar (XLM) to $1.51

chest

Expert Peter Brandt notes a bullish triangle formation for Stellar (XLM) with potential growth to $1.51.

user avatarGiorgi Kostiuk

IDEX Surges Past Accumulation Zone with Strong Bullish Momentum

chest

IDEX has broken out of its accumulation zone, confirming a bullish trend and targeting the $0.050-$0.055 level.

user avatarGiorgi Kostiuk

Injective (INJ) on the Verge of Breakout: Inverse Head and Shoulders Pattern Indicates Bullish Rise

chest

Analysis indicates that INJ could confirm a bullish breakout after closing above $16.20, with target prices of up to $41.36.

user avatarGiorgi Kostiuk

Institutional Activity in Cryptocurrency: Debate Over Bitcoin Whales’ Sales

chest

Bitcoin whales' sales provoke debates about institutional influence and a shift in the original ethos of cryptocurrency.

user avatarGiorgi Kostiuk

Bitcoin Falls Below $118,000: Whale Impact and Regulatory Anticipation

chest

Bitcoin fell below $118,000 due to profit-taking and expectations of upcoming regulatory reports from the U.S.

user avatarGiorgi Kostiuk

BitMine's Strategic Shift: Over $2 Billion in Ethereum

chest

BitMine Immersion Technologies has surpassed $2 billion in Ethereum holdings, with potential impacts on liquidity and staking activities.

user avatarGiorgi Kostiuk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.