As Solana slips below $100, attention turns to Remittix, a PayFi project launching soon with crypto-to-fiat utility, CertiK security, and a 300% bonus.As Solana slips below $100, attention turns to Remittix, a PayFi project launching soon with crypto-to-fiat utility, CertiK security, and a 300% bonus.

Solana Price Crashes Below $100 As Remittix Launches Major 300% Incentive For Investors

5 min read
solana5 main

Solana has fallen below the psychological $100 mark, the first time it has done so in almost a year, igniting panic among investors who saw SOL hit highs of $260 just a few months before. With one of the biggest altcoins failing to find a stable ground, many traders are now searching for the best crypto to buy now before the next market cycle.Yet while Solana bleeds, Remittix, a cross-chain DeFi project focused on global payments, is generating serious momentum. With a confirmed platform launch just days away and a limited 300% bonus drawing thousands of new participants, this emerging token offers something increasingly rare in the current climate: real utility, verified security and a clear timeline.

Remittix

Solana Breaks Critical Support as Sellers Take Control

chart53738

On February 2nd, Solana fell to its lowest point of less than $100 since the beginning of April last year. Analysts believe that this downturn was part of an overall market downturn caused by geopolitical complexities and macroeconomic insecurities. Risk appetite has weakened considerably, and SOL tracked the downside alongside other large-cap assets.

Derivatives data reveal growing bearish pressure. Funding Rates have turned negative again at -0.006%, indicating short sellers are paying to maintain positions. The last time funding rates reached similar levels was October 2025, when price action followed with a sharp downside continuation..

According to expert analysis, the $95 level represents immediate make-or-break support. A confirmed breakdown below this zone would expose the Solana price to the next demand cluster near the $88 to $90 region, with some analysts warning of potential drops toward $85 or lower.

However, one metric provides a counterpoint. Despite price weakness, Active Addresses rose by approximately 870,000, bringing total daily network activity to 4.87 million users. This increase amid a fall in prices may occasionally be an indication of latent demand and not an outright capitulation. Provided SOL rallies above $100 on a daily closing basis, there is a possibility of a relief bounce to $108 to $112.

Remittix Captures Investor Attention With Platform Launch and 300% Bonus

Remittix

While major altcoins face turbulence, Remittix has emerged as what many analysts consider an undervalued crypto project with a genuine real-world application. The project has officially confirmed its platform will go live on February 9th, 2026, transforming RTX from an early-stage crypto investment into a functioning ecosystem bridging cryptocurrency and traditional finance.

What separates Remittix is its PayFi infrastructure. With the platform, users can directly change their crypto into fiat currency and transfer money to any globally bank account with a fraction of the cost of remittance. Remittix Wallet is currently available on the Apple App Store. The further expansions are planned to be centralized exchanges listings, crypto-to-fiat services and international payment services.

RTX is presently valued at $0.123 and it has over 30,000 investors who have put in over 28.9 million dollars in the sale of the token. Individuals who wish to establish their place are running out of time.

To further build on the investor confidence, the Remittix team is now fully certified by CertiK who is the most trusted blockchain security. RTX can be viewed as the next XRP, since it is a payment-related project focused on international payments and bank integration.

Why analysts are watching Remittix closely:

  • Platform launches February 9th with full crypto-to-fiat conversion capabilities
  • Wallet is already available on Apple App Store, proving genuine development progress
  • Targets the $700 billion global remittance market with significantly lower fees
  • Clear roadmap toward CEX listings and expanded ecosystem services
  • CertiK-verified team provides institutional-grade security assurance

While the Solana price battles technical resistance and bearish sentiment, RTX holders are counting down to a platform going live in just one week. For investors tired of watching charts bleed red, Remittix represents something built on a payments infrastructure rather than pure speculation. 

This ERC-20 coin offers a clear use case in a market saturated with vaporware. The 300% bonus will not last. Once the 5 million token allocation is filled, no extensions or reopenings will follow.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/   

Socials: https://linktr.ee/remittix   

FAQs

Why did the Solana price crash below $100? 

The price of Solana fell under the wider market drawdowns driven by geopolitical instigations and macroeconomic insecurities. The negative funding rates and bearish technical indicators are indicative that the sellers are in dominance at the moment, but the increasing network activity is indicative of possible accumulation.

What makes Remittix a top crypto under $1 worth watching? 

Remittix is priced at $0.123 and offers real utility through its PayFi platform launching February 9th. With CertiK verification, over $28.9 million raised and a working wallet already on the App Store, it stands out among upcoming crypto projects.

How can investors participate in the Remittix 300% bonus? 

The limited 300% bonus is available now with only 5 million tokens allocated. Over 25% has already been claimed in the past 24 hours. Once the allocation is filled, no extensions will be offered.

This article is not intended as financial advice. Educational purposes only.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Victra Named 2025 Recipient of Verizon’s Best Build Compliance Award

Victra Named 2025 Recipient of Verizon’s Best Build Compliance Award

Verizon Recognizes Victra for Industry-Leading Excellence in Store Design and Brand Compliance. RALEIGH, N.C., Feb. 3, 2026 /PRNewswire/ — Verizon has named Victra
Share
AI Journal2026/02/03 20:49
Stablecoins could face yield compression after Fed’s rate cut

Stablecoins could face yield compression after Fed’s rate cut

The post Stablecoins could face yield compression after Fed’s rate cut appeared on BitcoinEthereumNews.com. The Federal Reserve reduced its policy rate by 25 basis points to 4.00%–4.25%, the first rate cut this year. The move, framed as a response to weakening labor data, signals the start of a cautious easing cycle. Projections show two more cuts possible before year-end, with further reductions likely in 2026. Inflation remains above target, but Chairman Jerome Powell emphasized risk management over immediate price control, prioritizing stability in employment conditions. Stablecoins will be quickly affected by this. Issuers like Tether and Circle have generated large profits by holding reserves in short-term Treasuries during the high-rate environment of the past two years. That income stream now begins to erode. DeFi protocols that offered tokenized Treasury exposure face the same squeeze, with returns set to fall further if the Fed continues cutting into next year. A multi-cut easing cycle could substantially reduce stablecoin profitability, forcing issuers and protocols to adapt. The decline in dollar yields also alters the balance between holding stablecoins passively and seeking higher returns in risk assets. Bitcoin benefits most from this reallocation. As nominal rates move lower and inflation remains sticky, real yields decline, making non-yielding assets more attractive. The weaker dollar and improving risk appetite amplify the effect, positioning Bitcoin as a relative winner of the Fed’s shift. The September cut is modest, but it could bring significant changes to the crypto market. Stablecoin models built on Treasury income face structural headwinds after the rate cut, while Bitcoin and other high-beta assets stand to gain from falling real yields and increased liquidity. The Fed has opened an easing cycle, and crypto’s internal capital flows will move with it. The post Stablecoins could face yield compression after Fed’s rate cut appeared first on CryptoSlate. Source: https://cryptoslate.com/insights/stablecoins-could-face-yield-compression-after-feds-rate-cut/
Share
BitcoinEthereumNews2025/09/18 19:31
Wormhole Jumps 11% on Revised Tokenomics and Reserve Initiative

Wormhole Jumps 11% on Revised Tokenomics and Reserve Initiative

The post Wormhole Jumps 11% on Revised Tokenomics and Reserve Initiative appeared on BitcoinEthereumNews.com. Cross-chain bridge Wormhole plans to launch a reserve funded by both on-chain and off-chain revenues. Wormhole, a cross-chain bridge connecting over 40 blockchain networks, unveiled a tokenomics overhaul on Wednesday, hinting at updated staking incentives, a strategic reserve for the W token, and a smoother unlock schedule. The price of W jumped 11% on the news to $0.096, though the token is still down 92% since its debut in April 2024. W Chart In a blog post, Wormhole said it’s planning to set up a “Wormhole Reserve” that will accumulate on-chain and off-chain revenues “to support the growth of the Wormhole ecosystem.” The protocol also said it plans to target a 4% base yield for governance stakers, replacing the current variable APY system, noting that “yield will come from a combination of the existing token supply and protocol revenues.” It’s unclear whether Wormhole will draw from the reserve to fund this target. Wormhole did not immediately respond to The Defiant’s request for comment. Wormhole emphasized that the maximum supply of 10 billion W tokens will remain the same, while large annual token unlocks will be replaced by a bi-weekly distribution beginning Oct. 3 to eliminate “moments of concentrated market pressure.” Data from CoinGecko shows there are over 4.7 billion W tokens in circulation, meaning that more than half the supply is yet to be unlocked, with portions of that supply to be released over the next 4.5 years. Source: https://thedefiant.io/news/defi/wormhole-jumps-11-on-revised-tokenomics-and-reserve-initiative
Share
BitcoinEthereumNews2025/09/18 01:31