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Solana Price Prediction: What`s Next for SOL After Reaching a New Peak and Then Falling?

It`s been a whirlwind for Solana (SOL) supporters these past few weeks. The cryptocurrency soared to an impressive $293.31 only to slide back to approximately $246.98, marking an 8.10% dip. With such rapid fluctuations, traders are eager for a Solana price prediction to inform their next steps. Meanwhile, another project, Remittix (RTX) , is steadily climbing, having raised over $4 million and sold more than 220 million tokens. This has some speculating whether altcoins like Remittix (RTX) might offer a more stable investment compared to the sometimes volatile nature of Solana (SOL). Reasons Behind Solana`s Recent Decline Analysts have pointed to various factors causing Solana`s recent downturn. Some suggest the coin`s rapid ascent earlier this month was unsustainable. Others view it as a brief return to equilibrium in an inherently volatile market. Nonetheless, many dismiss this dip, maintaining that Solana (SOL) is still one of the top cryptocurrencies due to its rapid transaction speeds and robust development community. However, not everyone shares this optimism. Critics note the network`s occasional outages and warn that new competitors might draw users away, preventing SOL from regaining its previous highs. Examining the Peak and the Subsequent Drop Solana (SOL) reached a new pinnacle at $293.31, capturing investor interest and media attention. But as the inevitable correction set in, the excitement waned. This scenario is not uncommon in the crypto space, where coins often hit record highs before declining. For those crafting a Solana price prediction, the challenge lies in weighing long-term strengths, such as developer engagement, against the risk of evaporating hype. If the broader crypto market finds balance, some believe SOL might see a recovery, albeit possibly at a slower pace this time. Remittix (RTX): Experiencing Consistent Growth While Solana (SOL) works to regain its footing, Remittix (RTX) has been attracting investors` eyes. With a focus on simplifying international payments, Remittix (RTX) enables users to convert cryptocurrency into fiat currency and deposit it globally. Unlike projects driven by hype, this practical approach might explain why RTX has already secured over $4 million. The tokens continue to sell well, with 220 million now in circulation. Proponents argue that an altcoin addressing everyday financial needs could appeal to mainstream users, even if the overall market remains unpredictable. What Lies Ahead for Solana`s Price? Seasoned crypto investors understand that predictions are never guaranteed. Yet, many experts believe Solana (SOL) could rally again if it resolves network issues and continues to attract decentralized applications (dApps). A more conservative perspective suggests SOL may hover in a stable range for a while, providing an opportunity for other coins to gain attention. Regardless, the Solana (SOL) saga is far from over. For those willing to endure the market`s ups and downs, a rebound might bring significant profits, though it comes with inherent risks. This is why some investors view tokens like RTX , which offer practical real-world use, as potentially safer investments. In Summary After reaching a peak and then experiencing a downturn, Solana (SOL) is in a period of uncertainty, leaving traders speculating about its next move. Those looking for a new Solana price prediction will likely focus on network developments and overall market trends. Meanwhile, Remittix (RTX) continues to gain momentum, steadily raising funds and expanding its user base. Ultimately, both tokens present potential for profit. But for those who prefer a more stable growth path over the thrill of volatility, altcoins like RTX might offer a more reassuring option in the unpredictable world of crypto. Discover the future of PayFi with Remittix! Join the adventure: Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.

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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Trump Announces $500 Billion AI Investment Initiative to Spur Growth

Stargate, backed by Oracle, OpenAI, and SoftBank, will focus on AI infrastructure, starting with data centers in Texas. Bitzo

Brains Not Working? Ethereum Foundation Under Fire For Repeated ETH Sell-Offs

Ethereum is off to a rocky start this 2025, and its vibrant dev community isn’t happy. According to reports, the Ethereum Foundation has recently moved a substantial amount of Ether. The foundation’s transactions to move and sell its tokens became messier when one of its employees attempted to explain the situation, generating a lot of backlash. Related Reading: $24 XRP Prediction: Bitcoin Maxi Calls It Risky But Possible Ethereum’s recent transactions have occurred since Bitcoin and other top tokens have been ripping through the charts. Price-wise, Ethereum is trading between $3,200 and $3,384, which is too far from 2021’s high of $4,870. What’s Up, Ethereum Foundation? The Ethereum Foundation, the primary organization supporting the development of the blockchain, is not helping the cause. Regardless of its intention or the overriding objectives for unloading massive ETH tranches, these moves still leave a bad taste in the mouths of most holders and supporters. According to a recent post by Spot On Chain on Twitter/X, the foundation has recently moved another 100 ETH in exchange for 336,475 DAI. According to the account, the foundation sold 200 ETH tokens for $67k in the first few days of 2025 at an average cost of $3,361. The account added that ETH is 31% below its 2021 high of $4,878, while Bitcoin continues to retest its highs and currently breached the $109k level. [ATTENTION] The Ethereum Foundation just sold another 100 $ETH for 336,475 $DAI! In total, they have sold 200 $ETH ($672K) in 2025 at an average price of $3,361 over the past 12 days.$ETH remains 31% below its 2021 ATH of $4,878, while $BTC has hit a new ATH of $109K today!… https://t.co/9CWWVsrfhj pic.twitter.com/ZOr504i1HG — Spot On Chain (@spotonchain) January 20, 2025 Ether Supporter’s Comments Draw Negative Feedback The foundation’s latest transaction, the sale of 100 tokens, came after Josh Stark’s comments came to light. Stark, a popular ETH supporter, defended the foundation’s decision to sell these ETH tokens, arguing that they’re still actively using the blockchain’s native token. the EF uses Ethereum all the time, for instance to (1) swap ETH for stables (usually @CoWSwap) and (2) to pay people (grantees, team members) in stables and ETH, on mainnet and L2s. Events we run (like Devcon and Devconnect) take onchain payments and use onchain ID for tickets. — Josh Stark (@0xstark) January 20, 2025 In a Twitter/X posting, Stark explained that the foundation uses its tokens every time. These tokens buy stablecoins, pay their people in stablecoins, and support the blockchain’s events. Stark’s comments didn’t sit well with some crypto observers and commentators. Twitter/X user WazzCrypto hit Stark for using ETH “dump” as an explanation to support the foundation’s transactions. User @VelvetMilkman was disappointed with Stark, arguing that it’s a lame excuse for using the altcoins. Meanwhile, X user Trading_Axe has a more scathing, and no holds barred take on the issue: Their brains actually do not work at all. The fuck you need 300K for so urgently? What could you POSSIBLY, as the ETHEREUM FOUNDATION, when the entire world is watching, need 300K OF A PUBLIC SELL ORDER for? Mindless cockroaches. Retar Dio. — ً (@trading_axe) January 20, 2025 Related Reading: Trump Son Drops Hints About Major World Liberty Plans After Massive Ether Buy Buterin Sets The Record Straight For ETH Many critics say Ethereum is losing ground against other blockchains, particularly Solana. As such, many recommend that Ethereum stake its tokens instead of selling them to generate yields. The increasing number of comments and criticisms against the foundation has caught the attention of Vitalik Buterin, Ethereum’s co-founder. Buterin said the team has also explored many options, including staking their tokens. However, regulatory issues and potential problems with the hard fork prevented them from doing so. Although there’s a friendly regulatory environment right now, the risks associated with staking remain high. Featured image from ETF Stream, chart from TradingView Bitzo