Solana Price May Rise on Remittix's Crypto-to-Bank Payment Launch

Solana's price may be influenced by ETF demand, but a bullish prediction is uncertain due to daily flow reversals and the need for sustained network activity.

Remittix, a crypto-to-bank payment service, is set to launch on November 24, allowing users to send fiat through compatible bank routes after funding the transfer with supported crypto.

The service, called PayFi, is currently being tested by 1,000 existing holders of Remittix's RTX token, who are invited to use EUR and USD payment options in the initial phase.

Solana's ETF flow dashboard showed positive cumulative flows in late September, but a series of inflows is more meaningful than a single strong day.