Investors shift focus to Remittix, a new DeFi project raising millions in presale with hopes of changing global transfers.

Recent reports reveal that those who have invested in top altcoins, especially Solana, have turned towards new DeFi projects like Remittix (RTX). In their optimism about this debut crypto platform, these investors predict that it will perform impressively in the industry by potentially changing global transfers.

Interestingly, Remittix is already gaining traction, especially in its token presale, which has raised millions from investors. Keep reading and find out why Remittix is poised to meet expectations.

Solana stumbles after record high

Recently, Solana saw a significant surge with the altcoin price reaching a peak of $294.33 on January 19. However, it has since fallen by 14% from that level as it is currently trading at $251. Current analysis indicates that Solana may face more challenges ahead.

Notably, Solana’s network saw transaction fees surge to $1.4 million in 10 minutes after the TRUMP token launch, but transactions plummeted from 450,000 to 150,000. This decline indicates reduced activity and interest, contributing to the altcoin price decline from its all-time high. 

Total Value Locked (TVL) in Solana liquidity pools also dropped substantially from $12.191 billion to $10.964 billion on January 19th because investors began to lose faith in the token. 

As the TVL continues to decline, further drops in price are likely. 

Analysts suggest that if SOL falls to a support zone between $222.80 and $210.10, it might bounce back from its recent decline. However, if negative sentiment grows and the support fails, SOL could drop even lower.

Remittix: The next-gen remittance token

Looking at the much support Remittix has gained from holders of top altcoins like Solana over the weeks, it is indeed not any regular cryptocurrency. In fact, some believe it embodies a forward-thinking approach to global transfers that prioritizes user experience, transparency and accessibility. 

The core of this platform’s features is the RTX token which benefits both growth and practical use. The project design features a permanent 1.5 billion token limit to create scarcity that benefits users when others join the platform. When users own RTX they directly participate in the platform’s development process and management decisions as stakeholders.

Remittix stands out for its commitment to transparency. Traditional cross-border payment systems often hide true transaction costs behind opaque fees and inflated conversion rates. Remittix tackles this issue head-on, making sure that users are fully aware of what they are paying. This clarity builds trust and allows users to feel confident in their transactions.

The platform also excels by integrating cryptocurrencies with conventional banking systems, creating a quick, secure, and cost-effective method for international money transfers. Users can convert over forty different cryptocurrencies into fiat currency and send it directly to bank accounts around the globe. This capability not only simplifies the remittance process but also opens doors for those who may have felt excluded from the traditional financial system.

Excitingly, RTX is currently priced at just $0.0272 and the demand is now more noticeable than ever. With over 250 million tokens already sold, Remittix has raised more than $5.2 million in its presale. Analysts are buzzing about its potential, projecting an impressive 50x increase  in the altcoin price, possibly before the year runs out. As Remittix solidifies its position in the financial landscape with its unique blockchain-powered payment solutions, early investors are poised to reap significant rewards.

To learn more about Remittix, visit the Remittix presale and join the Remittix community.

Bitcoin (BTC) surged past $106,000 on Thursday morning in the U.S. on reports that U.S. President Donald Trump will talk later today with Nayib Bukele, president of bitcoin-friendly nation state El Salvador.

Bitcoin advanced more than 3% to session highs in the minutes after the report, erasing early morning losses. It was up 2.2% over the past 24 hours.

Earlier this morning, prices started to climb as U.S. Senator Cynthia Lummis posted on social media to “stay tuned for 10:00 a.m.” Eastern Time, only to gave back most of the gains after reports that the Senate Banking Committee would vote to confirm Lummis as chair of the panel’s new digital assets subcommittee.

Fueling the gains was speculation that bitcoin and crypto regulation might be among the talking points between the two leaders. El Salvador has become as a nascent crypto hub under Bukele’s leadership. It was the first nation state to adopt BTC as legal tender in 2021 and accumulated over 6,000 BTC worth $622 million as a strategic reserve.

Trump said last year on the campaign trail that, if elected, he aims to position the U.S. as a global leader in the digital asset space. He also made several crypto-specific promises including creating a national stockpile, or strategic reserve, of bitcoin.

He’ll speak to Bukele at 3:30 p.m. ET.

XYZVerse and HBAR target massive breakouts as Solana nears the $300 milestone.

Excitement builds as Solana (SOL) moves closer to a significant price achievement of $300. Simultaneously, tokens like XYZVerse (XYZ) and Hedera (HBAR) are poised for potential massive gains, with forecasts suggesting 50-fold increases. This potential surge hints at major shifts in the crypto landscape.

XYZ eyes 66% price surge

XYZ looks to redefine the meme coin game as the first-ever sports-focused token, blending the global appeal of sports with the viral momentum of meme coins. As the MVP of the XYZVerse ecosystem, it’s designed for crypto enthusiasts who live for the thrill of competition and massive gains.

In 2024, meme coins dominated the crypto landscape, with market capitalization soaring 500% within a year. XYZ is poised to take the crown as the G.O.A.T. of meme coins, aiming for an incredible 4,900% surge by the end of its presale.

• Initial price: $0.0001
• Current stage (10th): $0.002
• Upcoming stage (11th): $0.0025 (+25%)
• Final target: $0.1

Early investors who joined at the first stage enjoyed a massive 99% discount, and with the presale nearing its final stages, the opportunity to capitalize on these gains is slipping.

XYZ is setting itself apart with upcoming listings on major centralized (CEX) and decentralized exchanges (DEX), robust security through audited smart contracts, and a seasoned, fully vetted team. This first-mover advantage positions XYZ as a powerhouse in the meme coin market, ready to deliver massive returns for early adopters.

Interested investors can join the XYZ presale.

Solana

Unlike some of its competitors like Ethereum and Cardano, Solana is designed to handle a high number of transactions quickly. This makes it an attractive platform for developers building decentralized applications (dapps). Its flexible architecture allows coding in multiple programming languages, making it accessible to a broad range of developers.

At the heart of Solana’s network is the SOL coin. This cryptocurrency powers transactions, runs custom programs, and rewards those who support the network. In today’s market, where the need for fast and scalable blockchain solutions is growing, SOL’s technology and potential make it a coin worth watching.

Hedera

Hedera uses a method called hashgraph. This allows for faster and cheaper transactions without the need for energy-intensive mining. Because of this, Hedera is more friendly to the environment. 

Its native currency, HBAR, is used to pay for transactions and secure the network. HBAR is catching more eyes. Big industry players back Hedera, which adds trust and potential for real-world use. While its patented technology might limit community involvement compared to open-source projects, its advantages in speed and efficiency stand out. 

As the market trends toward greener and more efficient solutions, HBAR looks attractive. It offers what many are seeking: sustainability, lower costs, and high performance. Compared to older coins that struggle with speed and energy use, HBAR could be a strong contender in the current market.

Conclusion

With SOL and HBAR aiming for big gains, XYZVerse’s unique sports-meme platform could see even greater growth during this bull market.

For more information on XYZVerse, visit their website, Telegram, or X.

On-chain data has unveiled an impressive surge in the Shiba Inu burn rate, skyrocketing by more than 600% in just one day. This sharp rise in token burns indicates a growing interest in decreasing the overall supply of SHIB. Moreover, it has raised the possibility that the SHIB price could follow suit, as increased token burn often influences a cryptocurrency’s price movements. 

Shiba Inu Burn Rate Skyrockets Over 600%

Shibburn, the official Shiba Inu token burn tracker, has just reported a dramatic increase in burn rate, with over 3.24 million SHIB tokens permanently removed from circulation. The tracking platform revealed that the SHIB token burn rate shot up by approximately 612.78% in less than 24 hours. This spike represents one of the most significant one-day increases in recent weeks.

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Typically, a surge in a token’s burn rate is largely attributed to community-led initiatives focused on reducing the cryptocurrency’s supply and potentially inducing scarcity. Considering the large size and strong dedication of the Shiba Inu community, it’s not uncommon to see occasional spikes in burn rates. The community has been a strong advocate for token burns, believing that a supply reduction could trigger a price surge for SHIB. 

Despite the latest burn and substantial decrease in SHIB’s circulating supply, the meme coin’s price has yet to demonstrate any significant upward movement. In fact, Shiba Inu appears to be on a downtrend, as CoinMarketCap reports a 1.6% decline in the last 24 hours and a previous 9.3% drop over the past week. 

Currently, the price of SHIB is trading at $0.00002, experiencing no recent increases, while its 24-hour trading volume has crashed by 46.33%. Nevertheless, this lack of immediate price action and present bearish conditions does not rule out the potential for a future rally in Shiba Inu. 

Supporting this possibility of a bull trend driven by heightened token burns, crypto analyst Rananjay Singh commented on the recent 612% spike in the Shiba Inu burn rate on X (formerly Twitter). Singh explained that when a cryptocurrency’s supply declines and demand stays strong, prices tend to increase significantly.

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The analyst suggests that increased token burns, upcoming updates in the Shiba Inu ecosystem, and the growing excitement among community members could potentially trigger substantial gains for the meme coin in 2025. 

What’s Next For The SHIB Price?

‘Shib Spain,’ a popular SHIB supporter on X, has predicted that a massive pump could be on the horizon for the meme coin. The analyst connects Ethereum’s price action with Shiba Inu’s, sharing a detailed chart that showed instances when ETH experienced a price reversal and underwent a significant rally.

Although the meme coin was not indicated on the chart, the analyst’s mention likely ties his projected SHIB price pump to an increase in ETH. This suggests that if Ethereum experiences a price surge, altcoins like Shiba Inu could follow suit, potentially sparking a significant uptrend.

Featured image from Unsplash, chart from Tradingview.com

The builders of Solana-based crypto derivatives exchange Ranger Protocol are jumping on the AI train, too, after raising $1.9 million from venture investors.

Ranger’s eponymous trading venue pools crypto perps (the most popular investment contract in DeFi for trading tokens like SOL) from multiple protocols to secure good deals for traders. Since launching in late December, it has facilitated $25 million in trades, a drop in the bucket of Solana’s total perps landscape.

The protocol is now planning to add new product lines that give customers access to AI-assisted trading strategies, co-founder Coby Lim told CoinDesk. A press release described vaults managed by AI agents who mix programmatic trading strategies with social media and data insights.

DeFAI (a portmanteau of DeFi and AI) has been taking off for months as enthusiasts of both buzzy tech fields experiment with mixing the two. AI agents can be set up to control their own crypto wallets, opening limitless possibilities.

“AI and DeFi are on a collision course,” co-founder Fathur Rahman (known commonly as Fa2) said. “Automation, predictive modeling, and intelligent execution will redefine trading. AI optimizes strategy, DeFi provides transparency, and together they unlock a new frontier of efficiency.”

Rahman said AI rollouts are expected in “the coming quarters.”

In the interim, Ranger’s rangers are working on pulling crypto perps from two more protocols, Adrena and Drift, to add to their current base of contracts from Jupiter and Flash. Their bet is Ranger’s aggregation strategies source deeper liquidity for institutional perps traders than any one exchange ever could.

That’s also what Ranger’s venture backers are counting on. Viktor Fischer of lead investor RockawayX called Ranger’s “smart order routing” a “critical step towards a vibrant Solana perpetuals market.”

Asymmetric, Big Brain Holdings, RISE Capital and Anagram joined RockawayX in the $1.9 million funding round, which closed in December at a $30 million valuation.