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Crypto Crash Incoming: Solana Is Seeing Increasing On-Chain Selling For Top Holders – Where Is Money Rotating Too?

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Solana faces rising on-chain selling from top holders, raising concerns about a potential crypto crash. As large investors move away from SOL, many wonder where the money will flow next. With shifting market sentiment, alternative assets and promising presales are gaining attention. Investors are reviewing positions to profit from the next big chance in the volatile crypto industry.

AgriDex and Solana ETFs are Key Drivers for Solana’s Future Growth

Solana has seen huge ecosystem growth over the past month. AgriDex, a South African marketplace based on the Solana network, raised $9 million in funding to change agricultural trade. The project disrupts established systems and predicts a $133 million profit by 2028. This could bolster the efficiency and fairness of the global food supply chain and also result in a paradigm change in how agricultural assets are traded.

Meanwhile, the U.S. SEC is expected to approve a Solana-based exchange-traded fund (ETF). Based on Polymarket data, the spot Solana ETF approval chance is as high as 71%, up from 58% this week. This development has many investors hopeful, as an ETF would bring greater legitimacy and exposure to Solana.

Despite these positive updates, Solana experienced a slight dip over the past 24 hours, falling from $196 to $190, a nearly 4% decline. However, trading volume increased by 1%, and the token still shows a 4% gain on the weekly charts, keeping investors optimistic. While some are starting to sell, analysts remain confident that Solana could reach $500. The key challenge will be recovering its all-time high of $264 before pushing toward new milestones.

Remittix: The Future of Seamless Crypto-to-Fiat Transactions

Remittix is an exciting new DeFi project making waves in the market. While Solana faces challenges, traders are switching to Remittix for its innovative PayFi solution, which simplifies cross-border transactions.

With Remittix, users can send crypto-to-fiat payments effortlessly from anywhere in the world. The PayFi ecosystem, powered by the $RTX token, accepts most major cryptocurrencies, instantly converts them to fiat, and deposits them into the recipient’s local bank account. Unlike platforms like Stripe, Coinbase, or Wise, which limit users to specific currencies, Remittix bridges the gap between crypto and fiat, driving global crypto adoption.

Security is another significant advantage. Every transaction on Remittix is processed through audited smart contracts, ensuring 100% safety and zero slippage. The platform also prioritizes transparency, offering public, immutable ledgers and encrypting all financial data on Ethereum’s blockchain for added protection.

Beyond trading, Remittix rewards long-term investors. Holders of $RTX can earn as much as 8% APY, with VIP tier investors getting 18% APY. All these advantages attract traders and investors searching for real-world value to the platform.

Currently priced at just $0.0167 per token, $RTX presents a golden opportunity. With projections suggesting a massive 4,000% increase by 2025, now is the perfect time to join Remittix’s journey and secure a spot as a VIP-tier investor before its value soars.

Why Investors are Joining Remittix’s Presale 

Remittix’s presale has already raised over $835,000, attracting a growing number of investors daily. The buzz around $RTX comes from its innovative features and promising growth. Early supporters are seeing significant returns, with even more expected as Remittix prepares to launch on both centralized and decentralized exchanges.

Join the Remittix (RTX) presale and community: 

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IMPORTANT NOTICE

Finbold is a news and information website. This Site may contain sponsored content, advertisements, and third-party materials, for which Finbold expressly disclaims any liability.

RISK WARNING: Cryptocurrencies are high-risk investments and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest. (Click here to learn more about cryptocurrency risks.)

By accessing this Site, you acknowledge that you understand these risks and that Finbold bears no responsibility for any losses, damages, or consequences resulting from your use of the Site or reliance on its content. Click here to learn more.