2025-8-21 13:42 |
Solana has been making headlines for its record-breaking throughput of 107,540 transactions per second, but practical usage remains closer to 1,000 TPS.
Recent Solana latest news highlights rising concerns over short-term stability, with traders noting the $182 line as a critical barrier.
Meanwhile, utility-driven tokens like Remittix (RTX) continue to gain traction. The project will reveal the name of its first CEX listing once it hits over $20.4 million in sales.
Solana latest news shows mixed signalsDespite being the fastest blockchain in stress tests, Solana is struggling to maintain short-term price support.
On the four-hour chart, SOL broke below a wedge formation that guided its price since early August.
The asset is testing support near its 200-EMA at $178.47, while the 50-EMA ($183.43) and 100-EMA ($185.89) act as resistance.
A supply cluster between $186–$188 limits upward momentum, with a close above $190 needed to restore bullish confidence.
source: @LordOfAlts on X
According to Solana’s latest news, real-world assets on the network have grown 124% year-to-date, reaching $390 million.
Ondo Finance’s USDY continues to lead this segment with a market cap of $175.3 million.
Meanwhile, DeFi TVL has increased despite a drop in application revenue.
The fundamentals point to long-term potential, but close-term price action indicates that holders of SOL are exiting.
Analysts note that the most important area of support comes in at $178-$176, any break lower shows $172, $168 or even $160 should the selling reach a fever pitch.
Why Remittix is attracting investorsWhile Solana struggles with support and market sentiment, Remittix is building real-world utility that appeals to both retail and institutional investors.
Its token sale has raised over $20,4 million through more than 610 million tokens at $0.0969 each.
Now that it has reached $20 million+, the first CEX listing announcement would be made soon.
These features show why Remittix is considered by many analysts as one of the best crypto to buy now.
With practical utility, cross-chain DeFi integrations and upcoming exchange listings, it provides tangible value that high-speed blockchains like Solana currently cannot match.
Key highlights of Remittix include:
Direct crypto-to-bank transfers in 30+ countriesSecurity-first approach audited by CertiK
Mass-market appeal beyond crypto natives
Deflationary tokenomics designed for long-term growth
Momentum accelerating ahead of wallet launch
Solana price pressure vs Remittix potential
Solana’s current price action demonstrates how even record-breaking networks face challenges in sustaining investor confidence.
Breaching $182.89 support and testing the 50-day moving average at $178.93 has some traders jumping ship.
Market analysts suggest that reclaiming $185–$188 is essential for SOL bulls to stabilize, with a breakout above $190 required for sustained recovery.
Meanwhile, Remittix continues to capture attention for its real-world impact.
By solving cross-border payment problems, supporting crypto staking and integrating DeFi features, it offers measurable utility.
As investors monitor Solana latest news, many are considering Remittix as a safer alternative.
Investor takeawaysThe Solana network remains strong in technical performance but faces pressure on critical support levels. Meanwhile, Remittix offers growing real-world adoption, a Q3 wallet launch and upcoming CEX exposure, making it a top choice for those searching for the best crypto to buy now.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
The post Can Solana price hold key support? SOL holders appear to be jumping ship appeared first on Invezz
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