Solana Price Prediction: SOL Price Declines 19% In 7 Days As Remittix Stands Strong In Latest Crypto Crash

Ethereum tumbled below the $4,000 mark for the first time since early Aug., trading as low as $3,983 during the Asian trading session hours before retracing to around $4,037, a 10.6% drop over the past week. Solana followed a similar trajectory, suffering a colossal 16.4% dump within the same time frame. Despite this tumble, analysts suggest a price recovery could happen soon, reinforcing a bullish posture for Solana price prediction in October.

The recent market crash has been cruel to most alts; not all. Remittix is a new crypto standing strong amid the brutal wipeout that was triggered by fading FOMC euphoria. Retail interest in this project is still aggressive; on-chain data confirms an aggregate of $26.7 million worth of RTX has been purchased to date.

Let’s consider Solana price predictions, and after that, we will take a look at why Remittix is withstanding the bearish headwinds.

Solana Price Prediction: Bulls Must Overcome Key Resistance Levels To Reignite Bullish Momentum

Last week, Solana experienced a resurgence from July lows around $160 to $235, bolstered by Kyle Samani’s Multicoin-led $1.65 billion treasury vehicle specifically for SOL accumulation. But despite the retail accumulation that followed, tides have quickly moved in favor of sellers who sent the asset below the $200 psychological level for the first time since early September.

At report time, Solana buys and sells at $199.07, representing a 16.4% week-long decline. Many natives are getting worried about whether there will be a near-term recovery. Analysts suggest that Solana price prediction in the near-term depends on whether buyers overcome resistance zones while holding strong support levels.

If buyers can break past the $210 support level over the weekend, bullish momentum could be reignited sooner than anticipated. Analysts still maintain that a successful reclaim of the $250 zone next month could trigger another push toward all-time highs later this year.

Why Remittix is Defying the Market Crash

At report time, RTX tokens are priced at $0.1130, and retail buys now total a whopping $26.7M. This resilience is largely due to Remittix’s real-world utility and other bullish catalysts.

• Certification by CertiK: Confidence in the project has been strengthened by a thorough CertiK audit, verifying both the team and infrastructure. This helped Remittix rank as the no. 1 presale token this cycle, boosting trust among retail.
• 15% Referral Bonus: Its referral program has been a game-changer. Early adopters are earning 15% in USDT instantly claimable every 24 hours.

For experts, RTX represents a pivotal bridge for DeFi adoption, enabling real-world utility, faster settlement times, and liquidity, unlocking billions in value by connecting crypto utility directly to TradFi.