Solana Price Consolidates as Remittix Builds Momentum with PayFi Outlook
Solana's price has been consolidating around $116 to $117 after advancing from below $100 to almost $120 during September. The recent surge was driven by ETF inflows, faster slot times, and the activation of Transaction V1.
However, a pause in the upward momentum creates a contrast with Remittix, whose near-completion presale is tied to a bullish PayFi outlook. Remittix's connected payments, markets, wallet, and earning ecosystem are already operational, making it an attractive option for buyers seeking a smaller starting valuation.
Solana's immediate support zone sits around $115 to $117, followed by $110 and approximately $100. Clearing the first overhead tests at $120 and $123 could bring $132 and eventually $150 into focus. A loss of $115 may lead to $110, followed by stronger support near $100.
Institutional demand remains constructive, with Solana ETFs recording approximately $26.1 million and $28.9 million across two recent sessions. However, inflows and technical momentum can cool after a fast weekly advance.