The recent crypto market dip has hit Solana (SOL) hard with the altcoin price dipping to $180 calling into question early predictions from market experts. Analysts predict that SOL will soon resume its bullish momentum with a strong technical outlook and intensified push for Solana ETF approvals.
According to top crypto analyst and investor Armando Pantoja, SOL will be worth more than $1,000 by mid-2025. While this means the value of SOL could increase by more than 440% from its current range, investors are more interested in Remittix (RTX) as it prepares for its 2,200% price explosion.
Why Solana (SOL) Could Peak Above $1,000 This Bull Run
Since SOL peaked at $263.83 for its ATH, the altcoin has been hammered by bears. On the monthly timeframe, the Solana coin has declined by 28%, causing the altcoin to test the $180 support level, based on CoinMarketCap’s data. However, there seem to be several bright spots for SOL.
There has been a recent boom in the Solana memecoin ecosystem, crossing a market cap of over $15 billion. In addition, there is an increase in the push for Solana ETF approvals. S-1 listing for SOL ETFs has been filed by top asset managers like Bitwise, VanEck, 21Shares, and Canary Capital in the U.S.
While the approvals may take place a while, the strong technicals of the Solana crypto hint that the crypto could take off soon. Firstly, SOL is attempting to break out from a key ascending triangle pattern, confirmed by an increasing volume.
InvestingHaven has also confirmed that the chart structure of Solana (SOL) remains bullish with a clear cup-and-handle formation. With the growing momentum, analysts are expecting a major breakout rally for SOL over the next few months.
Armando Pantoja has said that the $1,000 price target for SOL which many other market analysts have said is “near guaranteed.” If these bullish events materialize, according to his prediction, the Solana price could trade at over $1,000 by mid-2025, making it one of the best altcoins to buy right now.
Curb is another analyst who has shared $1,000+ as the potential top for Solana (SOL) in this bull market. However, $208 looks like the first major resistance level for SOL to overcome as its price looks to rally to a new ATH.
Remittix ($RTX) a Game-Changer in Global Payments With 25x Growth Potential
The new PayFi protocol, Remittix (RTX) is redefining the global finance space with an efficient solution for individuals as well as businesses. Going against platforms like Stripe, Wise, or Coinbase, Remittix is building the foundation to be the bridge between fiat and crypto options.
Using Remittix, individuals can convert over 50 crypto pairs into 30+ fiat currencies and send the corresponding cash right to any global bank account because Remittix has integrated local bank payments. Remittix brings game-changing tools to businesses.
With Remittix Pay API, businesses can receive crypto payments from customers and settle their transactions in fiat. Merchant accounts can also be set up by businesses so they can make their own cash-out preferences, positioning RTX as one of the best cryptos to buy now.
Being a key part of Remittix’s ecosystem, $RTX will be involved in transactions and give its holders governance rights. They can also earn up to 20% APY over time. Remittix has raised over $374,000 in presale, while $RTX is priced at $0.0156. Based on the potential of Remittix in a $190 trillion market, analysts believe RTX could be the next 25x altcoin.
Solana and RTX, Which is the Best Altcoin To Buy for Huge Returns?
A potential top for Solana above $1,000 makes it one of the most appealing cryptocurrencies to buy now. However, Remittix looks set to give investors even bigger gains in the coming alt-season, with a potential 25x price pump coming making now the best time to secure a bag!
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Meta Title: Why $1000 for Solana Is Achievable This Bull Run: Top SOL Price Predictions
Meta Description: Explore the potential of Solana reaching $1000 during this bull run. Discover key factors that impact SOL’s price and examine expert predictions for its top end.
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