Solana and Remittix Test Growth Strategies with Network and PayFi Expansion
Solana (SOL) buyers are closely watching the network's growth as developers continue to build trading and consumer products. The network's scale provides a strong foundation, with SOL trading near $121 on October 5. Network upgrades, such as Alpenglow, aim to improve confirmation and performance, but a return to $200 would require roughly 65% upside from recent levels.
Meanwhile, Remittix is testing a different growth strategy with its PayFi rollout. The project has invited 1,000 of its 40,000 presale participants to try the crypto-to-bank payment flow ahead of its planned November 24 debut. The aim is to connect a wallet, live trading venue, and fiat payout within one app, potentially attracting users who need repeated transactions.
Remittix has reported over 10,000 iOS wallet downloads and more than $50 million in cumulative trading volume. An upcoming Earn product, offering up to 22% APY on eligible assets, could further encourage users to keep funds within the app. The project has raised over $32 million toward its $36 million cap, with a final presale tier priced at $0.46.
The upcoming RTX debut on November 24 could benefit from early PayFi activity, providing a more substantial customer story. Investors are watching whether Remittix can turn early product access into a much bigger business, while SOL buyers focus on sustained network demand.