It’s been an eventful first few weeks of the year for Bitcoin and other top altcoins like Solanain the crypto market. Market activities have seen the bears and the bulls lock horns, putting investors through different waves of emotions.
In the latest crypto news, the Solana price has broken its bare 2 months old ATH again but high can SOL spike? Elsewhere, a new crypto project, Remittix, is in the spotlight after weeks of headlining crypto news.
What’s the catalyst for the latest Solana price surge and can Remittix’s RTX token match SOLfor gains? We’ll find out in a bit.
New Trump Meme Coin Spikes Bullish Momentum for Solana Price
No doubt, the Solana blockchain has been a hub for some of the best new projects in the Defi industry. Consequently, these developments have kept Solana top among altcoins as they continue to inspire bullish spikes for the Solana price.
Last year, Solana gained significant traction from a group of meme coins that launched on its blockchain. These meme coins have now been boxed together under the tag of ‘Solana meme coins.’
Now, hottest in the crypto news now is a new addition launched by the incoming US President himself, Official Trump (TRUMP). While the TRUMP coin is already doing impressive numbers, the new meme coin is also generating traction for the Solanablockchain.
Many experts believe Trump Coin’s success is one of the catalysts of SOL’s raging momentum past its ATH. While it’s very likely for the Solana price to cross the $300 mark this year, SOL might need more than a meme coin-inspired momentum to get it there. For now, the Solana price is on a 48% uptrend at about $275.
Remittix (RTX) Builds a Bridge Between Defi and Traditional Finance
The Defi industry continues to grow with new crypto projects doling out new innovations. However, some problems continue to linger and it’s these holes that the Remittix (RTX)project sets out to plug.
While many argue that Defi and traditional finance are independent of each other, there’s no denying how connected crypto users need it to be. For a long time, crypto traders have had to go through very rigorous processes to make fiat transactions.
With Remittix’s PayFi system, they can now make crypto-to-fiat payments worldwide without needing any
Go to Source to See Full Article
Author: Crypto Daily
