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Cardano and Solana Experience 10% Price Plunge; ADA and SOL Investors Turn to Remittix for Stability

Two top crypto coins, Cardano (ADA) and Solana (SOL), have lately experienced notable price drops that have left investors wondering about their next actions. Market swings have left traders on edge as the Solana price fell notably in just a week and the Cardano price declined as well. Despite these challenges, both altcoins demonstrate resilience, buoyed by a supportive community and technical indicators hinting at potential recoveries. Meanwhile, Remittix (RTX) , a newcomer in the crypto world, is gaining attention with its innovative solutions for international payments and impressive growth potential. Continue reading to discover the latest price movements of Cardano and Solana and why investors are considering Remittix as a safe haven. Cardano (ADA) Maintains Strength Through Market Turbulence Over the past week, Cardano`s price decreased by over 8%, experiencing some notable fluctuations. Initially moving between $1.03 and $0.95, a bearish breakout brought the price down to $0.88. However, bullish momentum soon returned, pushing the price back above $0.95. Overall, Cardano has had a positive month, with the altcoin rising by 8%, solidifying its position as one of the altcoins to watch. Fueled by a bullish community outlook, experts remain optimistic about the possibility of retesting its ATH within the year, even as it sits 68% below its all-time high (ATH) of $3.10. Adding to the positive sentiment, Cardano`s price chart reveals buying signals across several key technical indicators , such as the MACD, Momentum Oscillator, and Moving Averages, suggesting increasing bullish momentum. Although the CCI currently shows a sell signal, this indicates potential for short-term pullbacks. Solana (SOL) Investors Expect a Significant Surge Solana`s price dropped by just over 13% in the past week, displaying notable volatility. After stabilizing between $273 and $236, the Solana price chart experienced a bearish breakout, pushing the altcoin down to the $223 support level. Nonetheless, bullish momentum soon reemerged, elevating the price back above the $235 threshold. Solana remains one of the top altcoins to hold; on a monthly scale, it has posted an impressive 21% growth. Although Solana`s all-time high (ATH) of $294 is 19% away, experts are optimistic about the altcoin`s long-term potential, with some forecasting a potential rise to the $500 level this year. Technical indicators like the MACD and Moving Averages suggest buy opportunities on Solana`s price chart, indicating a continued upward trend and boosting investor confidence. While the Momentum Oscillator currently signals a sell, this divergence might allow for short-term corrections that savvy investors could exploit. Remittix (RTX) Revolutionizes International Payments Remittix offers seamless crypto transfers directly to bank accounts worldwide, revolutionizing cross-border payments. By eliminating traditional intermediaries like correspondent banks and clearinghouses, Remittix significantly reduces transaction times and costs, addressing inefficiencies in the current financial system. With strong encryption ensuring top-tier security and privacy, its transparent pricing model protects users from hidden fees. Remittix also connects millions of underbanked and unbanked individuals to the global financial network, promoting financial inclusion. Supporting over 100 cryptocurrencies, with automatic foreign exchange conversion and zero FX fees, Remittix enables fast, affordable, and anonymous crypto-to-fiat transactions. Priced at just $0.0479 during its presale, the RTX coin is drawing significant investor interest, as analysts predict a 100x growth potential by 2025. Within the blockchain ecosystem, Remittix stands out with its flat 1% transfer rate, user-friendly interface, and innovative ideas. Furthermore, Remittix presents a unique opportunity to capitalize on the growing demand for quick, low-cost financial solutions globally. Remittix Is Set To Surpass Cardano and Solana Despite recent market fluctuations, Cardano and Solana`s potential for future rallies keeps them in investors` portfolios. However, savvy investors are diversifying by exploring innovative opportunities like Remittix. More than just a payment system, with its novel approach to crypto-to-fiat transactions, zero FX fees, and unmatched efficiency, Remittix is a gateway to the future of financial inclusion. Priced at just $0.0479 during the presale, amid expectations of exponential growth by 2025, RTX is one of the top cryptos to consider investing in now. With a limited total token supply, the Remittix presale is rapidly selling out as investors hurry to acquire the RTX token. Join the Remittix (RTX) presale and community: Join Remittix (RTX) Presale Join the Remittix (RTX) Community Seeking Alpha

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Kraken Announces New Onchain Crypto Staking Program for US Clients Two Years After SEC Crackdown

One of the top US-based crypto exchanges is launching a revamped crypto staking program two years after the U.S. Securities and Exchange Commission (SEC) forced a similar initiative to shutter. According to Kraken , US clients in 37 states and two territories can stake 17 assets onchain starting today. Kraken clients residing in Alaska, Arizona, Arkansas, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Indiana, Iowa, Kansas, Louisiana, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Dakota, Tennessee, Utah, Virginia, West Virginia, Wyoming, District of Columbia, and Puerto Rico can now stake Ethereum ( ETH ), Solana ( SOL ), Cosmos ( ATOM ) and 14 other Proof-of-Stake tokens through the exchange. Says Mark Greenberg, Kraken Global Head of Consumers, of the staking re-launch, “Launching this new staking product in the US is an overwhelmingly positive development, not just for Kraken but also for the entire US crypto space. We are excited to bring back a brand new product enabling US clients to resume staking with Kraken and play a significant role in bolstering the underlying security of blockchain networks.” The announcement comes two years after the SEC ordered Kraken to discontinue its staking-as-a-service program. Kraken also had to pay $30 million to settle the suit. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/FlashMovie The post Kraken Announces New Onchain Crypto Staking Program for US Clients Two Years After SEC Crackdown appeared first on The Daily Hodl . Seeking Alpha