While Ethereum and Solana are taking the stage this week, The new champion of cryptocurrency, continues to generate news as investors get ready for 2025, a year that many experts predict will usher in its next great surge.
Ethereum and Solana are surprising with their scalability and fast emerging NFT ecosystem, confirming their ranking amongst the fastest growing blockchains, but would it be enough to threaten this new crypto presale?
Ethereum’s Dominance in DeFi and Stablecoins Market
Based on statistics from DeFiLlama, Ethereum is still the top blockchain in distributed finance (DeFi), controlling the space with over 57% of the total value locked (TVL). Ethereum’s smart contracts enable almost half of all blockchain-based operations including trading, lending, and staking to be carried out. As the Andreessen Horowitz research cited in October emphasizes, DeFi is especially the most important industry in the crypto ecosystem.
The same paper also named stablecoins— cryptocurrencies linked to conventional currencies like the US dollar—as the industry’s “killer app.” Additionally holding a dominant presence in this sector is Ethereum.
Although Ethereum’s native token, ether (ETH), has a far higher market value than its DeFi rivals, Solana (SOL) and Binance Smart Chain (BNB), its market value-to—TVL ratio is just 6.1, DeFiLlama reports. In this regard, Ethereum provides a greater value compared to Solana’s (12.1) and Binance Smart Chain’s (18.4 ratio).
New Crypto Emerges as Solana Whales Shift Focus Amid Price Decline
With almost 490,000 wallets engaged in its presale phase, Solana whales have directed $3.73 million into the viral DeFi cryptocurrency Remittix, which has experienced amazing expansion according to some reports. This change results from Solana’s price declining significantly in early 2025, which causes major investors to sell their SOL interests. Comparatively to Solana, analysts see great potential in this new crypto and point out its explosive growth and significant successes.
Solana’s price has suffered as well; it has fallen between $184 and $193 then collapsed on January 6th. This fall created a bearish flag pattern that drove the price to $176.30 and resulted in a 5.56% reduction over the past 24 hours. Although the $175 support level is for now, bearish trend points to more drops possibly in store. Keeping a careful eye on Remittixas a potential substitute in this erratic market are investors.
Remittix (RTX) brings real-world utility to the DeFi market, thus guiding the Altcoins Season.
By means of its innovative PayFi infrastructure, Remittix is aggregating distributed finance with cross-border payments. Making cross-border payments anywhere in the globe is considerably easier when this ecosystem helps consumers translate cryptocurrencies into fiat money free of hidden costs.
The flat-fee approach of Remittix appeals mostly because it guarantees no extra fees for wire transfers or foreign exchange. This method ensures the recipient gets the money leaving the wallet of the sender independent of the location or kind of the deposit. Remittix uses local payment networks to deposit the money in local bank accounts after converting fifty plus cryptocurrencies into fiat money.
Remittix’s smart contract—which has already passed a thorough BlockSAFU audit—helps to enable these cross-border transactions. Using blockchain technology, Remittix guarantees same-day processing of every cross-border transaction. Remittix is the most effective cross-border payment method available since its function overcomes the long waiting times on conventional remittance systems.
With its native RTX coin, remittix also provides yet another level of functionality. RTX tokens can be added by traders to a staking pool to guarantee up to 18% APYs in staking returns. Additionally granted premium voting rights in the Remittix ecosystem are VIP-tier investors, allowing them to participate in significant decision-making on the expansion of the platform.
Early on in its presale, remittix has already collected over $7 million in capital inflows, which makes market analysts hopeful about large profits before the conclusion of this quarter. With Remittix drawing hundreds of new investors over the past week alone, RTX’s present selling price of $0.0350 is proving to be somewhat appealing.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
