Since the start of August, the crypto market has gradually transitioned from the playground of whales to an institutional powerhouse. Today, deep-pocketed funding from investment firms has exploded, channeling billions into DeFi, payment infrastructures, real-world asset protocols, etc.
Speaking of mature capital investing in trillion-dollar opportunities, corporate and retail buys have scooped an aggregate of $27.2 million worth of Remittix, a new payment protocol, in record time.
Meanwhile, Solana and Chainlink have also become subjects of interest after posting positive net flows and favorable technical setups. In this article, we discuss Chainlink price trajectory and Solana price prediction for the rest of the year, before investigating why crypto experts refer to Remittix as the best investment in Q4.
Chainlink: Bullish Setup Forming on Charts
Chainlink (LINK) is one of the few altcoins that natives are keeping a close eye on ahead of this week’s FOMC meeting. The asset has dominated social media chatter due to the technical setup forming on its price charts and its increasing relevance in real-world asset tokenization.
LINK is trading within a symmetrical triangle on the daily chart and is currently trying to hold the price above the daily SMA100. Besides, this bullish pattern formed between strong support and resistance, with both trendlines converging, indicating a northward break could happen soon.
Chainlink has been in a month-long consolidation, hovering near $22.07, down by a mild 1.25% in the past 24 hours. With a near-term breakout in view, LINK is likely to trade above the triangle resistance with potential targets at $24.40 and $25.85.
Solana: Institutional Flows Signal Renewed Strength
Solana price has been in recovery mode since late September, with inflows from institutional investors boosting retail confidence. Analysts highlight that the blockchain’s high throughput, low fees, growing DeFi ecosystem, and steady positive net flows make it one of the best buys this cycle.
Today, Solana is trading near $220, harboring losses and trimming the gains accumulated from the past week to a minor 0.05%. Despite the recent dump, analysts are optimistic about Solana, citing that the continuous buys will revive confidence among natives and market participants.
In addition to this, Solana may also benefit from the good tidings many expect from the imminent FOMC meeting.
Why is Remittix a Hot Topic in Q4?
Remittix (RTX) is a new PayFi solution that sits on a 190 trillion-dollar market. Corporate buys of the asset have been relentless over the last few months. Selling at a current price of $0.113 per token, investor accumulation has already pocketed 676 million, worth approximately $27.2 million in value.
Here are a few significant milestones reached in Remittix’s explosive rise so far:
- Over $27.2 million in total pre-market buys, driven by early institutional and retail demand.
- A Beta Wallet is currently being tested by thousands of users, receiving highly positive feedback for its ease of use and processing speed.
- A 15% USDT referral program that continues to accelerate user growth and wallet activations.
Analysts tracking the project believe Remittix could 100x in this cycle, making it one of the most promising early-stage cryptos this quarter. Experts also note that RTX is still in its accumulation phase, meaning the breakout could happen when it project officially enters the market.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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.