Are SOL and XRP set to drop In August? on-chain data shows holders shifting to Remittix

On-chain activity for Solana and XRP is generating interest from traders as the market prepares for a potentially volatile August. With wallet flows in flux and major token unlocks looming, investor attention appears to be gradually transferring to other projects like Remittix (RTX) — a cross-border DeFi utility token that’s gaining strong traction in the background. Solana and XRP volumes spike as investors seek alternatives As the month of July draws to a close, Solana is showing resilience at the surface level. The price of the token is sitting at $192.51, a 2.91% hike within the past 24 hours. It possesses a market capitalization of $103.58 billion and an increasing daily volume of $6.65 billion, a 91.39% surge, that indicates increasing activity across centralized exchanges and decentralized protocols. Similarly, XRP is trading at $3.24, an increase of 1.92% in the past 24 hours, with a market capitalization of $191.93 billion and $6.81 billion in volume per day, an increase of 74.84%. These numbers suggest growth, but the underpinning wallet statistics reveal a consistent reduction in long-term holder positions. This pattern is leading some analysts to hypothesize that deep-pocketed participants are transferring funds into underpriced crypto projects with practical applications. Remittix enters the crypto-to-fiat space Remittix (RTX) is building infrastructure that many crypto projects have talked about but not done. Its new beta wallet release, scheduled to launch in Q3 2025, is a significant credibility kicker. The wallet allows for near-instant cryptocurrency-to-bank transfers, without recourse to centralized exchanges or third-party middlemen — an extremely useful feature for freelancers, remote employees, and foreign businesses. At $0.0876 per token, Remittix has already sold more than $17.5 million worth of tokens, with 573 million RTX tokens sold in presale. It currently offers a 50% discount to early buyers and is running toward its $18 million soft cap. The platform presently has support for 40+ cryptocurrencies and 30+ fiat currencies, making it one of the few new crypto projects that actually connects crypto with global utility. It’s most attractive to investors looking for early-stage crypto investment opportunities with working tech, plus investors looking for the top crypto under $1. Why Remittix is attracting Solana and XRP investors As Solana and XRP take the headlines, their lack of seamless fiat connectivity is driving users to other platforms offering more than just high-speed transaction processing. Remittix is working on rendering crypto borderless, frictionless, and usable in the real world. It’s positioning itself as a long-term cross-chain DeFi project, not speculative mania. With low gas fee crypto transactions and support for Ethereum and Solana, its wallet is optimized for both ease of use and speed. Some of its features that are attracting users are: Worldwide Reach: Crypto-to-bank transfers available in 30+ countries Utility-Driven: Perfect for freelancers and remitters Mobile Wallet: Beta releases Q3 2025 Security Audited: Backed by CertiK $250,000 Giveaway: Ongoing for presale participants 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 The post Are SOL and XRP set to drop In August? on-chain data shows holders shifting to Remittix appeared first on Invezz

Source: Invezz