The past 48 hours have been brutal for major Layer 1 tokens as renewed selling pressure and whale exits weigh on Solana, Cardano, and XRP. Market watchers predict a short-term rebound once the macroeconomic factors stabilize.
While Solana price and other top coins consolidate, a very different trend is emerging: top whale wallets are redirecting capital into Remittix (RTX), the fast-rising cross-border payment token now on the verge of a $20 million presale milestone.
Whale Exits Trigger More Losses for Solana, Cardano, and XRP
Crypto markets faced a sharp reversal following hotter-than-expected U.S. PPI data, wiping out over $1 billion in leveraged positions in a single day.
- Solana price fell to $187.55, down 4.57%, as persistent network congestion once again shook investor confidence. Transaction delays and throughput constraints have reignited concerns over the chain’s scalability as DeFi activity on rival platforms intensifies.
- Cardano saw its rally fade, retracing from $1.01 highs to close near $0.92. While ADA has broken through a long-standing resistance, heavy whale outflows threaten to undermine recent momentum.
- XRP slipped from $3.30 to $3.10 as whales sold nearly $1.9 billion worth of tokens in three days, overpowering fresh accumulation and keeping the $3.34 resistance intact.
Solana Price Chart | Source: CoinGecko
These price stalls, coupled with operational worries in Solana’s case, have accelerated capital rotation among high-net-worth crypto investors, who are increasingly seeking projects with growth potential before their public exchange debut.
Remittix Becomes the New Whale Destination Amid Rising Presale Momentum
While the broader market stalls, Remittix is moving in the opposite direction. The payments-focused blockchain project has now raised over $19.7 million and sold 602 million RTX tokens in presale, with whales from Solana, Cardano, and XRP among recent buyers.
Importantly, the momentum isn’t just a speculative rush. Remittix is targeting a space traditionally dominated by banks and select fintech giants, positioning itself as a blockchain-powered alternative to SWIFT and costly remittance services.
Remittix’s appeal lies in its real-world utility:
- Cross-border crypto-to-bank transfers across 30+ countries.
- Real-time FX conversion into 30+ fiat currencies.
- Multi-chain wallet support and gas fee optimization.
- Transparent, low-cost payment routing.
With only a small gap left to the $20 million target, the point at which the first centralized exchange (CEX) listing will be announced, buying pressure has intensified.
The 40% presale bonus is still active until that milestone, adding urgency for investors looking to secure the lowest entry price before public trading begins.
Why Remittix Could Outrun Top Layer 1 Tokens
Unlike Solana, Cardano, or XRP, Remittix is still at its ground floor valuation, offering a functional, near-ready product suite. Several catalysts could fuel a post-launch rally toward 100x:
- Immediate CEX listing impact once the $20M presale target is hit.
- Adoption of Beta Wallets in multi-chain environments.
- Entry into underutilized remittance routes in Latin America, Africa, and Asia.
- Certik-audited smart contracts
- Strong tokenomics designed to reduce circulating supply over time.
For whales leaving Solana price volatility, ADA’s uncertain breakout, or XRP’s whale-induced stalls, RTX offers a rare mix of early-stage upside and real-world payment utility.
If presale momentum continues at its current pace, Remittix could debut on exchanges with more buy-side pressure than many established Layer 1s are seeing today.
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
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