Solana Price Rebounds Above $100 Amid Remittix Community Testing
Solana's price has rebounded from an intraday low of $99.52 to approximately $105.60, marking a more than 5% gain and pushing SOL above the psychological $100 level.
The move creates resistance near $106.52, which could bring $110 into focus if wider altcoin demand remains constructive. However, consolidation above $103 would provide stronger confirmation of the rebound.
Support sits near $103 and then $100, with a move below the psychological level weakening the rebound and exposing the latest low at $99.52.
Remittix has completed community testing for its PayFi platform, which allows senders to use cryptocurrency while recipients receive fiat in supported bank accounts. The platform advertises more than 30 fiat currencies and over 50 crypto pairs for remittances, invoices, payroll, and merchant settlement.