Solana has continued to suffer from the bearish headwinds of macroeconomic conditions, in what has been a wipeout since the asset retreated from the $200 threshold about two weeks ago. Could there be steeper corrections for SOL, a possible pullback to $120, or will bulls fight their way through a comeback? Many natives now question the bullish narrative of Solana price prediction as it continues to face heavy selling pressure. 

Meanwhile, there is an ETH-based token turning heads of savvy investors with its compelling utility, huge market size capped at $190T, and working DeFi infrastructure. This PayFi protocol aims to revolutionize B2B and P2P financial interactions on a global scale, allowing end-to-end crypto-to-fiat conversions without intermediaries.

Let’s look at Solana price prediction and a sneak peek at the next 100x project.

Solana Price Prediction: Bearish Macro Conditions Are Dragging SOL Further Down

The market is suffering a wipeout, and Solana isn’t spared. The catalyst? President Trump’s new tariffs which exacerbated inflation (core PCE at 2.8% year-over-year in June). This has dashed the hopes for a September Fed rate cut, with probabilities dropping to 39% per CME’s FedWatch tool. The current macroeconomic conditions have dimmed SOL’s hopes for a $200 retest before late August. 

Technical analysts tracking Solana price prediction trends now warn of clear bearish signals. The 50-day moving average is sliding, RSI ranges are cooling off around the 47–53 mark, and there are growing bearish divergences on both daily and 4-hour charts. Resistance sits firmly at the $195–$200 zone, while support is fragile below $170. The bearish sentiment around the asset is partly tied to broader market dynamics, with BTC and ETH also showing volatility, and failure to maintain key supports could increase SOL’s downside risk.

Source: X

Besides, on-chain data show there are high trading volumes ($6.62B–$7.44B in 24 hours) during the recent SOL’s slip, and whale movements (e.g., 526,615 SOL to Binance) suggest strong selloff activity, potentially driven by profit-taking or liquidations. Should nothing change, an optimistic Solana price prediction could see a further dragdown to $120 price zone.

Remittix (RTX): Utility-First PayFi That’s Already Winning Over Whales

Remittix is a cross-chain DeFi protocol engineered to fix one of crypto’s most obvious failures: reliable, fast, and affordable cross-border payments. Remittix offers end-to-end crypto-to-fiat conversions across 40+ cryptocurrencies and 30+ fiat currencies, with real-time international payment capabilities. The protocol even supports direct crypto-to-bank transfers in over 30 countries, making it a go-to payment solution for everyday users, businesses, and freelancers.

Analysts believe that by targeting the multi-trillion-dollar remittance and payment processing industry (i.e., valued at over $190 trillion), Remittix has the ideal product-market fit to achieve a 100x rally this cycle.

Here are a few things to note about Remittix:

• The PayFi segment is ripe for disruption, and Remittix is targeting both B2B and P2P financial interactions globally.
• Remiitx is also effective in underbanked regions, adding fresh markets to the global e-commerce.
• A percentage of emissions is reserved to boost liquidity pools, supporting healthy trading environments post-launch.
• Ongoing $250,000 giveaway.

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