Solana is one of the most watched, talked about, and progressive ecosystems of the year. After getting a lot of backlash in the past years over its scalability issues, the ecosystem has managed to solve its issues and bounce back. 

SOL has been on an impressive trajectory so far, and the increasing number of developers continues to drive its price, with analysts seeing $400 soon. 

Are We Seeing SOL at $400 Soon? 

The Solana ecosystem has grown strongly, seeing an increase in institutional interest, developers, and on-chain activity. The ecosystem now hosts several NFTs, games, applications, and other projects, attracting billions in total value locked (TVL). 

Recently, PowerLedger decided to build its Powerledger Energy Blockchain to run on the Solana Network instead of Ethereum, so it can utilize Solana's faster and cheaper fees. The team stated that they are leveraging Solana’s flexibility of short block times of 400 milliseconds and fast throughput of more than 50,000 transactions per second.

Also, Audius, a decentralised music streaming service similar to Spotify, was built on the Solana ecosystem. 

Talks and rumours of SOL ETF approval are circulating the market, and analysts say it might happen soon. While Solana seems all bullish, there are little setbacks to the ecosystem too. 

Solana is an established project with a market capitalisation of $103 billion, which limits its explosive potential. It also rides with the market waves, and definitely cannot peak at $400 in months to come. 

While Solana may not deliver what investors want, Remittix can. Let me walk you to a gold mine that everyone isn't seeing. 

Remittix, The Token The Smart Investors Are Gatekeeping

While discussions about popular cryptocurrencies like SOL and XRP are popping up across cryptocurrency communities and forums, the smart investors are quietly positioning in Remittix, which they call a “gold mine”. 

Remittix is bringing a highly needed utility to the market, where DeFi intersects with blockchain technology. The PayFi solution facilitates crypto-to-fiat transactions in 30+ countries and supports. Users send crypto, which is converted and deposited as fiat to the recipient. 

It's positioned to bridge a $19 trillion payment gap between Web 3 and Web3 by leveraging local payment networks. As adoption increases, RTX price will also increase, and early investors are set for a 100x. 

RTX is currently priced at $0.1166, offering a rare low entry point for savvy investors to buy and potentially see a 100x return in a few months’ time. 

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