Cardano's price took a slow but steady drop in value on Sunday following Founder Charles Hoskinson defending Input Output Global on his X page. The blockchain research and engineering company came under fire for its ADA holdings and network adoption efforts. This event has seen Cardano’s price hit a 12% weekly drop, and chart signals indicate more drops ahead for ADA before any rebound. It's a similar situation with the Solana price, with a 14% weekly drop. The only difference is that the Solana price charts reveal a proportional triangle pattern within the 4-hour timeframe. These price activities are happening at the same time as the Remittix (RTX) presale takes it up a notch with another price increase to $0.0217 and raising over $3.5M in three weeks. As these top altcoins continue to battle the bears, this new crypto, Remittix (RTX), has become a top alternative for savvy investors, including Solana and Cardano holders, as they seek a 5000% rally this year. Cardano Recent News Leaves Bearish Price Sentiment On his X page, Cardano’s founder made it clear that IOG earned its ADA holdings and wasn't gifted. This is unlike the Cardano Foundation receiving ADA as a donation. Charles Hoskinson’s comments clarify speculation on IOG’s readiness to support the Circle’s USDC stablecoin integration by donating its ADA holdings. The founder’s statement emphasizes the enduring tension within the Cardano ecosystem, further worsened by Cardano price’s bearish performance. Currently trading above the 1.14 price mark, 64% below its all-time high, ADA price looks primed to continue its bearish momentum. Cardano’s RSI at 46 also suggests a bearish outlook as sellers dominate its market activity. However, recent ecosystem developments, including its imminent BitcoinOS integration, which will unlock over $1.4 trillion in liquidity, and the incoming President Trump’s administration could see Cardano reclaim its bullish momentum. Solana Price Analysts Review Token’s Chance at 40% Uptick According to the Solana price charts, a symmetrical triangle pattern within the 4-hour timeframe signals a bullish forecast. With Solana price pushing near its triangle’s apex, SOL continues to see consolidation as volatility narrows. Solana price analysts highlight two vital price zones: resistance at $224 and support at around $190. Should Solana break above $224, it could inspire a significant 40% uptick, while a fall below $190 could cause a 40% plunge. It is uncertain what Solana price outlook is in the coming months. But, with Remittix, the potential is more promising. Remittix (RTX): New Crypto Attracting Top Altcoins Investors with Impressive Price Performance Remittix (RTX) is a PayFi protocol redefining how cross-border payments work with swift, efficient, and affordable remittances for global money transfers. Powered by blockchain technology, Remittix allows users access to over 40 cryptos, including Solana, which gets converted into your preferred allowed fiat currencies. Moreso, by getting rid of intermediaries, Remittix offers a perk that outdoes traditional platforms like Coinbase and Stripe for faster settlements. This PayFi platform also prioritizes transparency and security with audits from SolidProof and BlockSAFU. The unique selling points that Remittix offers stand out. Hence, there has been growth in the $RTX price and sales made in the presale. From a starting price of just $0.015 to $0.0217, $RTX has recorded a healthy 32% growth as its presale revenue also races past $3.5M. Experts predict Remittix has all it takes to become one of the top altcoins, with the new crypto set to soar by 5,000% in 2025. Cardano and Solana might be top altcoins, yet Remittix's remarkable presale emphasizes its strength and will to become a strong competitor. With such a trajectory, Remittix looks set for substantial gains by the end of Q1 2025. Discover the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
