Opportunities in Cryptocurrency: Solana, Sui, and Emerging Trends
For those who missed buying Solana and Sui during their lows, there are still viable opportunities in the crypto market. Solana is rebounding with institutional backing, while SUI shows strong technical indicators and on-chain momentum. Additionally, Remittix is gaining traction by connecting crypto to fiat seamlessly, appealing to freelancers and businesses for convenient payments.
If you happen to have missed the opportunity to buy Solana or Sui during their recent downturns, don’t fret. The crypto market remains lively with fresh chances, offering investors a chance to get in early on newer altcoins and promising projects that are building momentum. It seems like quite a few contenders are popping up, eager to reshape areas like cross-border payments and DeFi. Let’s explore some of the best cryptocurrencies to consider now before the next surge.
Solana, or SOL, has been on quite a rebound, currently priced at $148.89 following a 6.5% increase over the last week. Analysts are observing specific resistance levels as SOL forms what appears to be a classic cup-and-handle pattern on the daily chart. The Relative Strength Index (RSI) shows a reading of 64.49, suggesting a bullish trend, though it’s nearing the overbought zone. A successful breakout past the $155 mark could prompt a price rise toward $165 and possibly $180, but investors should still watch for potential retracement around the $135-$140 area.
Interestingly, Solana’s outlook is bolstered by substantial institutional investments. Recently, Sol Strategies Inc. secured a hefty $500 million funding deal with ATW Partners — it’s worth noting this is the largest structured investment deal focused on Solana staking seen to date. This agreement allows Sol Strategies to utilise convertible notes to acquire and stake SOL through validator nodes and interestingly, interest payments will also be done in SOL tokens, merging investment yield with the mechanics of blockchain.
Leah Wald, Sol Strategies’ CEO, remarked on the agreement’s importance, viewing it as a robust model for validator expansion and reflective of rising confidence in Solana’s future. With more validation support and institutional interest surging, SOL may just be the candidate for those who didn’t grab Solana or Sui at their lows but are still on the lookout for lucrative crypto investments.
On the other hand, SUI is also on the move, reaching the 178.6% Fibonacci extension level. This aligns with what analysts refer to as the completion of wave (3) in Elliott Wave theory. According to reports from More Crypto Online, SUI initially touched the 138% extension, achieving the minimum technical target. At $3.27, it appears to be in the completion zone for wave (3), with support located at around $2.75. Attention is now focused on how SUI will handle the anticipated wave (4) pullback.
Supporting this upbeat stance on SUI is a remarkable surge in on-chain activity. Lookonchain data reveals that SUI has jumped over 60% within the week, thanks to a notable improvement in its ecosystem fundamentals. The Total Value Locked (TVL) within SUI-based protocols surged by 38%, now sitting at approximately $1.645 billion. This boost signals a growing investor confidence as more liquidity flows towards SUI’s DeFi platforms.
Furthermore, SUI’s trading activity on decentralised exchanges has soared too. Just in a single day, DEX trading volume hit $599 million, which marks a staggering 177% upturn compared to the week before. This indicates not only that users are holding SUI but they are also actively utilising it within DeFi ecosystems—an encouraging sign for sustainable growth. If SUI continues on this trajectory, it could rapidly become one of the most sought-after options for those who missed earlier opportunities.
Another promising project is Remittix, which aims to redefine the relationship between crypto and the real economy. Essentially, it serves as a straightforward crypto-to-fiat bridge, allowing users to transfer funds directly from their crypto wallets straight into bank accounts worldwide—quickly and free from the traditional delays of cross-border payments.
Beyond just its convenience, Remittix has a strong focus on financial inclusivity, catering to millions who are excluded from traditional banks. One of its notable features, the Remittix Pay API, is particularly appealing to freelancers and businesses alike. It enables users to accept crypto payments while effortlessly converting them to fiat currencies like GBP or EUR—thus avoiding worries regarding price volatility.
Freelancers can actually invoice clients using digital currencies and receive stable payouts straight to their bank accounts. Support for over 40 fiat currencies and 50 crypto pairs makes Remittix a flexible option for global commerce. While attention often leans towards major players like Solana and Sui, Remittix has carved out its own niche, delivering tangible utility for users and showcasing significant upside potential. Keep an eye on this one — it’s definitely one of the smart projects in the crypto landscape worth watching closely.
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