Solana’s TVL fell by more than $1 billion, sparking concerns among investors. On a more positive note, the Solana-based meme coins, MIRA and BONK, steal the show. MIRA is rallying strong support, while BONK announced a massive token burn to reduce supply and increase value. Despite the broader market decline, these moves inject new energy into the Solana ecosystem.
Remittix Redefines Cross-Border Payments with Crypto-Fiat Innovation
Remittix changes the way cross-border payments work by combining cryptocurrency with traditional banking services. It simplifies global money transfers by instantly converting crypto to fiat and depositing it into bank accounts without delay.
Unlike Stripe or Wise, Remittix supports a variety of cryptocurrencies, making it easy for banks to manage fiat withdrawals. It also reaches the unbanked, ensuring fast, affordable and accessible transactions worldwide.
Known as the “new XRP,” Remittix bridges crypto and fiat systems for seamless international payments in over 30 currencies. Removing middlemen allows for near-instant transfers with much lower fees than traditional methods.
Remittix stands out with its PayFi ecosystem and $RTX token, which enable lightning-fast transfers and offer VIP investors benefits such as up to 18% staking rewards, platinum debit cards and voting rights on platform decisions.
Businesses can also easily integrate Remittix with its API. It supports over 40 cryptocurrencies and flat fees for fiat settlements. As more businesses adopt crypto payments, Remittix becomes an essential tool for remittances and transactions.
With over 50 million RTX tokens sold and $800,000 raised in the first week after launching their presale, Remittix is ​​gaining ground as a game changer in global payments.
Solana Price Outlook: TVL Falls, MIRA Gains Momentum, BONK Burn Sparks Optimism
Solana’s total value locked (TVL) fell to $8.01 billion, a 12% decline since December 1, as $1.1 billion left the network. Jito, Solana’s main DeFi protocol, was hit the hardest, with its TVL falling 28% over the past month to $2.66 billion. The decline reflects a broader decline in user activity, with unique addresses transacting down 7% to 5.37 million over the past 21 days.
Lower network usage also led to a 24% drop in Solana’s revenue this month, compounded by a 28% drop in SOL’s value over the past 30 days. However, recent developments in the field of meme coins could bring a turnaround. MIRA, a new coin based on Solana, launched with a market cap of $80 million in just five hours. Its creator donated a portion of the profits to fund brain tumor research, drawing attention to the ecosystem.
Meanwhile, BONK, another popular Solana coin, announced that it would burn 1.69 trillion tokens, surpassing its initial goal. The move could further increase BONK’s value and boost activity on Solana. Given these developments, analysts are optimistic and predict that Solana price could rebound to $250 or even $300.
Remittix Presale Price Hits New ATH
$RTX rose from $0.0156 to $0.0167, with the next token block expected to push the price to $0.0172, providing a 2.45% yield for first time buyers. Rumors of a Tier 1 DEX listing, like Uniswap, have fueled speculation about a potential 5,000% increasedrawing attention to this altcoin.
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