Solana Price Set For Rally As Galaxy, Jump & Multicoin Look To Invest $1 Billion Into SOL

After news last week that Galaxy Digital, Multicoin Capital and Jump Crypto are raising $1 billion to purchase SOL, analysts say Solana Price is set to experience a significant rally.  This institutional impetus follows the wider market recovery, as Bitcoin recovered over $110,000 following an abrupt decline.

Traders are also hunting the best altcoins that have good applications in the real world. Emerging Defi projects that facilitate instant global transactions between crypto and fiat are gaining favor, offering practical value in a landscape dominated by speculative assets.

Solana’s Billion-Dollar Momentum: Institutional Bets and Price Surge

Recent Solana news shows major firms like Galaxy, Jump and Multicoin targeting $1 billion for SOL acquisitions, signaling deep faith in Solana’s ecosystem for DeFi and NFTs. This follows Solana’s robust on-chain activity, with over 10 million daily transactions reported earlier in August. 

As of today, Solana Price stands at approximately $214, up 5% in the past 24 hours, with support near $200 and resistance around $220 amid increased trading volume.

There is a bullish potential in Solana Price predictions as analysts predict a growth to $500 by early 2026 should the rally continue. Short-term targets eye $300 by year-end, driven by ETF approvals and adoption, though dips to $180 remain possible without continued inflows.

Remittix: Redefining Global Remittances with Crypto Speed

Remittix has burst into the headlines as a cross-chain DeFi project centered on rapid cross-border payments, enabling crypto transfers to bank accounts in seconds and allowing individuals manage various assets with clear FX swap rates. 

Its framework supports freelancers and businesses, providing direct channels for settlements that bypass slow legacy networks. 

What makes Remittix irresistible?

• Seamless cross-border payments in 30+ countries
  
• CertiK-audited smart contracts ensuring security
  
• Wallet launch with instant FX conversion coming this quarter
  
• Over $22,3 Million already raised in record time

This undervalued crypto project outpaces in pulling new funds through practical APIs, marking it as the next big altcoin 2025 with unmatched expansion prospects.

Remittix’s $250,000 Giveaway: Prime Time for Early Gains

Remittix has blasted past $22,3 million raised and early believers are already 500% up. Over 25,000 holders and 300,000 entries on the Gleam giveaway page showcase this top crypto under $1’s sizzling appeal.

Buy RTX tokens today and claim your early holder advantage. With the Q3 wallet launch and reveal fast approaching, you’re perfectly positioned for spectacular rewards: jump aboard now and watch your investment soar to new heights.

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