Solana Price Gets Boost from Record Fund Inflows and Remittix's Innovative PayFi App

Solana's price has been boosted by a record week of fund inflows, with U.S. SOL products drawing in roughly $188.2 million through September 25. This influx of capital is being closely watched as it attempts to push the token's price above nearby resistance.

Remittix is also gaining attention for its PayFi app, which aims to connect supported cryptocurrencies with fiat payouts via compatible banking routes. The first 1,000 users are currently testing the service before a wider rollout scheduled for November 24.

The success of these efforts will depend on continued buying and fund demand, as well as network activity. A firm move through $125 could put $150 within reach, but failure to break this level would leave the high-$110s vulnerable to a retest.