Solana Price Taps $160 Target as Remittix Prepares for Token Debut

Solana's price has been on the rise, and analysts are now targeting $160 as a potential new high. However, the token first needs to regain nearby resistance after its recent pullback.

The Solana analysis cited stronger application activity and institutional interest as potential support for the rally. But the path to $160 is not straightforward, and regaining successive price levels will be crucial.

Remittix, a payment project that aims to turn digital assets into fiat paid into compatible bank accounts, has announced its RTX token debut for November 24. The project has already passed $32 million in presale contributions and identified a $36 million cap.