Solana price action has picked up ever since the turn of the new year however, Solana price’s recent performances in 2025 are a far cry from what they were when they first peaked at new all-time highs of $263 set last November. The Solana price fell below the critical $200 mark to start the year, after over $55 million in capital outflows from meme coin launchpad Pump.fun saw memecoin and altcoin traders take profit.
Despite the recent comeback, Solana is already losing ground to Ethereum, with the latter turning in better performances. According to some analysts, Solana’s price could flag this month as traders look to rotate their profits into altcoin projects with higher growth upside. Why are Solana holders getting into the early action on other altcoins? Here’s a clue: It’s because new altcoin projects offer a significantly better ROI than Solana will this year.
Solana price bounces back after dip to start year
The Solana price fell to $189 to start off the new year, triggering speculations that Solana may face slower growth in 2025. Despite all the gains it has made against its leading competition—in particular, Ethereum—the latter has turned the tables on Solana’s price action to start the new year amid greater institutional and retail inflows.
It makes perfect sense for the Solana price to slow down in growth—it was all just a matter of time before altcoin traders cashed out their profits and rotated them elsewhere outside the Solana meme coin ecosystem. A major catalyst for the Solana price slowdown to start the year was the meme coin launch platform Pump.fun transferring $55 million worth of Solana to Kraken, indicating heavy selling pressure. Since then, Solana has rebounded past the critical $200 psychological level, trading at the $215 range.
Solana holders banking on bullish macroeconomic conditions in 2025
Solana holders are banking on the enthusiasm behind the Trump administration taking office later this month. Furthermore, the meme coin action on Solana isn’t showing signs of tapering off anytime soon, as evidenced by the big-time trading volumes on Pump.fun. Solana is still a good bet to retest its 2024 ATH this year, making its prices an excellent buy-low opportunity for investors looking to join the Solana ecosystem.
Solana whales rotating profits into Remittix
A good number of Solana whales are already looking for greener pastures with higher upsides. One of those is microcap blue chip Remittix, which analysts believe could be the best altcoin presale opportunity to get into ahead of the Trump administration taking over later this month.
Remittix enables fast, secure, and low-cost cross-border payments in over 30 fiat currencies, enabling users to pay fiat into any bank account using their crypto directly through their wallets. Remittix could change the trillion-dollar e-commerce sector by removing the friction associated with transacting using crypto. At token prices of just $0.0185, Remittix offers greater upside than Solana, especially as its $RTX token will list at 10x its current price. Solana, at most, is good only for a 2x to 3x in the most optimistic bull scenario this year.
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Website: https://remittix.io/
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