Crypto Price Analysis: Bitcoin (BTC), Solana (SOL), Hedara (HBAR), VeChain (VET), Remittix (RTX) and Shiba Inu (SHIB)

From Bitcoin’s near $98k push, to Solana’s battle with a multi-month trendline, today’s market showcases six coins at pivotal moments. Remittix (RTX) has joined major network blockchain players through its $14.7 million token offering at $0.0757 per token to build a fast PayFinetwork. Bitcoin and Solana along with Hedera and VeChain are making crucial technical and regulatory progress while meme-phenomenon Shiba Inu tries to demonstrate upward potential. This analysis examines how various assets function today alongside their key growth drivers and potential development paths going forward. Bitcoin (BTC) — Bulls Eye Six Figures After Strong ETF Inflows Source: Robert Breedlove on X Bitcoin spent numerous weeks in a static pattern before reaching $97,905 on 2 May which triggered a temporary peak before settling near $97,650. BTC maintains most of the price rebound which increased 30 percent from $75,000 and 24 percent from $78,200 recorded in February. The recovery has brought prices to their highest point since more than two months ago while eliminating the market downturn that started with Trump’s trade-oriented remarks from February. The continuous support for Bitcoin ETFs acts as the primary driving force behind this strength. The funds have accumulated $4.16 billion in net purchases throughout eight consecutive trading days starting from 21 April. The $21 billion investment from Michael Saylor towards Bitcoin has driven both corporate engagement and investor belief in BTC. Bitcoin price stability is supported by the production cost model according to experts Robert Breedlove and PlanB notes that BTC has surpassed its two-year and five-month realized price points that typically signal bull market conditions. Holding onto current profits helps maintain the $92 k–$95 k price range while abandoning this area of value could potentially lead to further price drops. Solana (SOL) — A Crucial Trendline Stands Between Bulls and Higher Fib Targets Source: TradingView . Solana started the month of May at $149.78 after successfully rebounding from its $115 low in April. Every rally since February has reached its peak at $153–$155 where the descending trend line forms resistance against the asset. During the last 24 hours the trading volume reached $1.289 billion and SOL decreased by 0.99 percent for the day and a total of 1.36 percent for the week. According to the weekly chart SOL is heading toward its 0.5 Fibonacci retracement point at $145.19 based on its historic price range between $17.40 and $272.99. The $145–$150 price zone serves as a common barrier that allows bulls to launch their moves yet acts as consolidation resistance. A decisive close above will unlock the path toward the 0.382 Fib at $175.35 which then leads to the 0.236 level at $212.67. The failure to maintain prices above $145 would likely trigger a return of the $115 level from April which functions as structural support. The multi-month trendline of Solana’s 518 million-coin circulation determines its short-term market performance despite its $78 billion market cap base. Hedera (HBAR) — ETF Rumblings and Enterprise Cred Light a Slow-Burn Fuse Source: coincodex The governing council at Hedera Hashgraph consists of IBM, Google, and Boeing which establishes both blue-chip status for HBAR tokens as well as their solid compliance history. Since its launch in 2019 Hedera has refrained from being classified as a security due to which asset managers filed spot ETF applications such as Grayscale Canary’s submission to the SEC . HBAR’s market value hovers near $6.66 billion, ample liquidity for institutional products. The CoinCodex algorithm predicts HBAR will decrease -2.23 percent to reach $0.183739 throughout the period from 7 May 2025 to 7 May 2025. The Fear & Greed Index shows 67 (Greed) points but sentiment analysis remains Neutral. The past 30 trading days have shown Hederas stock moving up 16 times (53 percent) while maintaining 7.74 percent market volatility. From a technical perspective the market shows favorable conditions for HBAR acquisition but this depends on potential ETF approval and corporate-chain integration which could generate additional market gains. An approval would bring both additional financial liquidity and extended-term investment capital that would probably sustain price growth during the upcoming quarter. VeChain (VET) — Mainstream Partnerships and Big Staking Pool Bolster the Renaissance Vision Source: coingecko . VeChain currently trades near $0.02739 VeChain maintains a continuous flow of actual world partnership alliances that operate on top of its layer-1 technical foundation. The company formed an alliance with 4ocean to fight marine pollution as it added UFC CEO Dana White to its advisory board which also included Nobel laureate Konstantin Novoselov. The company has taken on the task to integrate mass marketing principles with scientific research methods in order to expand blockchain adoption. VeChain released tools for potential return calculations and established a new staking reward pool where it allocated 5.3 billion VTHO tokens worth about $15 million. CEO Sunny Lu has scheduled a livestream broadcast to reveal details about the Renaissance roadmap and StarGatebridge and their general upgrade approach. The combination of community visibility into VeChain’s AI logistics tools and stake rewards represents key factors that boost supply-chain industry adoption before VeChain executes its “sweeping upgrade.” Remittix (RTX) — Payments Utility Could Elevate RTX Above Pure-Speculation Tokens Since its recent addition to the list Remittix has become a prominent media focus. PayFi bridge from Remittix pursues the $190-trillion global payments market to enable users to transfer BTC, ETH or XRP directly into bank accounts of recipients in under ten seconds at minimal cost. The PayFi protocol consumes Ethereum gas fees on every transaction while distributing micro-fees to RTX holders through a functional network utility mechanism. More than 531 million RTX were sold by the project for $0.0757 which resulted in raising about $14.7 million before its first major exchange listing. Two multinational cash-out networks operating in Asia and Latin America are reportedly getting ready to merge according to developers’ insider knowledge. The integration of Remittix technology represents a potential solution for delivering immediate payments to employees doing freelance or gig work and migrants in major remittance markets. Investors predict RTX will rise above other established coins because of its widespread use among retail investors looking for new profitable opportunities. Shiba Inu (SHIB) — Community Strength Meets Utility Pressure Source: TradingView . Shiba Inu maintains a price point at $0.00001350 following its resistance rise to $0.000015. Market analysts expect the SHIB price to reach a new resistance level within the range of $0.000017–$0.000018. The RSI indicator stands at 62 which reveals upward market trends without crossing into overbought territory while the MACD also generated a positive signal. The market capitalization of SHIB stands at $8.05 billion presently. The powerful community backing of SHIB continues to be undeniable yet the broader market focuses on functional value. The project developers present technical improvements referred to as Shibarium scaling enhancements to stay competitive in an environment that prioritizes utility together with meme culture. Market participants monitor SHIB’s descending-channel resistance level because a successful breakout could re-establish its position as a breakout leader. Final Take — Where Headlines May Land Next Bitcoin exhibits strong resistance at the macro level as it approaches the $100 k price level. The Solana price trendline presents an obstacle that will either drive the market value to $212 or force the price to return to $115. HBAR stands to benefit from both its enterprise relationships and ETF documentation as it presents potential summer market shifts while VeChain maintains its supply-chain position through its practical business relationships and new staking system incentives. Shiba Inu needs to demonstrate that its technological capabilities enhance cultural impact to initiate another price surge. Remittix achieves the rare feat of uniting attention-grabbing media coverage with concrete daily payment benefits which make it both news effective and highly user-accelerating in this developed market. PayFi integration success along with growing transaction volume could propel RTX from its current newcomer status to dominate mainstream headlines and challenge dominant market players throughout the upcoming quarters. Discover the future of PayFi with Remittix by checking out their presale here: 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 Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Source: Crypto Daily