Solana Treasury Interest, Chainlink Institutional Connections, and Remittix PayFi Test
As October investors look to crypto investments before year-end, three projects are drawing attention for different reasons. Solana's treasury interest is one area of focus, as corporate capital flows into SOL.
The DeFi Development Corp.'s recent filing reported adding around 47,706 SOL, bringing its treasury to approximately 2.54 million SOL and SOL equivalents. This accumulation indicates conviction in the asset, but investors should watch for real network activity supporting this trend through year-end.
Chainlink is also making headway with institutional connections, as its recent announcement of a Swift ledger integration puts LINK in the conversation about connecting banks and on-chain systems. Infrastructure development is key to Chainlink's use case, as institutions need ways to communicate and coordinate across technologies as tokenized financial products grow.
Remittix is introducing its PayFi service, allowing users to fund transfers with supported crypto and receive fiat through a compatible bank route. The first 1,000 testers are existing RTX holders from a community exceeding 40,000 participants. EUR and USD are the initial options.