It’s tough at the top, with the Solana price desperately aiming to reach its ATH during this halving cycle. But a surprisingly resilient Ethereum is standing in its way. The Ethereum news looks great, with the number two-placed token up almost 50% in the last month. Not so great though, is the XRP price. It’s battling to hold on to the gains it made late last year and is getting headwind from newcomer Remittix.
Solana (SOL): Solana price inching upwards
Looking at the Solana price, one has to admire its dogged determination. Solana has its sights set to overtake Ethereum as the top-ranked Layer 1 platform, but it cannot seem to break $400. Since the market downturn of the first half of the year, the Solana price has been struggling to get above $200.
But the Solana price is up almost 20% over the past month, heading for $180 after it plumbed levels below $100 in the first week of April. Solana wants to make the market recovery its own, but Ethereum has other ideas.
Source: Coincodex
Ethereum (ETH): Ethereum news looks good for a change.
In the last year, the Ethereum news was almost universally grave. In 2021, Ethereum peaked at close to $5000. By the end of 2023, it was under $2,000. Investors have been waiting for the Ethereum news to turn positive for a long time, and it looks like it finally has.
After a massive growth spurt in November, Ethereum went from $4,000 to below $1,500, but Ethereum is back. The Ethereum news is that it has improved nearly 50% on the 30-day candle, is trading above $2,500, and is outpacing Solana and the XRP price in terms of recovery so far. Let’s hope the good Ethereum news carries on.
Source: Coincodex
XRP (XRP): XRP Price Stagnates after settlement dismissal
Everyone expected the XRP price to run free after the SEC and Ripple Labs finally settled, but the legal system was not happy with it, rejecting the settlement, citing ‘procedural issues.’ This means Ripple Labs is back in the dock, and the XRP price is back in the dungeon amid regulatory uncertainty.
The XRP price showed amazing potential at the end of 2024 when it rose from $0.50 the week before the US Election to $3.30 in the second week of January. Sadly, it has been downhill for the XRP price from there, and now, with the legal matter still not resolved, it does not seem as if the XRP price will see respite anytime soon.
Source: Coincodex
Remittix (RTX): New crypto threatening top altcoins’ hegemony
While XRP, Ethereum and Solana battle it out for the top spot, investor attention has turned to the presale market, where Remittix is stealing headlines and YouTube views.
Remittix is the world’s first crypto-to-fiat bridge, enabling users to use blockchain tech and crypto infrastructure to make fiat payments to almost any bank account across the globe.
Remittix transactions are faster, cheaper, and much more user-friendly than traditional bank transfers, which means lower overheads and a higher bottom line. Finally, it is feasible for crypto to become a transactional medium.
Investors looking for massive growth would be well advised to look beyond the battle at the top and focus on the potential at the presale end of the market.
Conclusion
The Solana price is inching upwards, while the XRP price is stagnating. At the top, the only real excitement is the encouraging Ethereum news, but even that may not be enough for investors chasing the big returns crypto is famous for.
For that, Remittix is the token to watch, as this new token can explode 100x upon market listing.
Remittix is now available at $0.0781 directly from their website.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io
Socials: https://linktr.ee/remitti
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
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