Finance

Solana Soars: Can ETF Inflows Propel SOL Past $200 While Remittix Redefines DeFi Payments?

Solana‘s value surged 4% to $160.83, fueled by ETF inflows, while Remittix secured $28.1M for its PayFi solution.

November 9, 2025, 8:17 AM

Gold Solana coin in front of a stack, set against a red and green candlestick price chart.

A Solana coin stands before stacks of others, set against a background of a volatile price chart. By alfernec / Shutterstock.com.

Executive Summary

Solana (SOL) has risen by 4.04% to $160.83, driven by significant ETF inflows and renewed investor confidence, leading to optimism about retesting the $200 mark.

Solana’s market capitalization stands at $88.93 billion with a 15.25% increase in daily trading volume, signaling growing institutional interest and its potential to reclaim the $200 level.

DeFi project Remittix (RTX) is gaining attention for its cross-chain PayFi solution, having secured over $28.1 million in private funding and achieving CertiK verification for its real-world payment applications.

The Story So Far

Solana’s current market resurgence is fueled by its strong fundamentals as an efficient Layer-1 blockchain and increasing institutional investment through exchange-traded funds, reflecting a broader trend where the decentralized finance sector is maturing towards practical, real-world utility, exemplified by projects like Remittix which offers a cross-chain PayFi solution to bridge crypto and traditional fiat systems.

Why This Matters

The resurgence of Solana, driven by significant ETF inflows and growing institutional confidence, signals a potential retest of the $200 mark and further legitimization of cryptocurrencies within traditional finance. This trend, coupled with the emergence of projects like Remittix, which has secured substantial funding for its real-world PayFi solution, indicates a broader shift in the DeFi sector towards practical utility and mainstream adoption in global payment systems, moving beyond purely speculative ventures.

Who Thinks What?

Investors and analysts are optimistic about Solana (SOL), believing its significant ETF inflows, strong fundamentals, and efficient Layer-1 blockchain technology could lead it to retest the $200 mark soon.

Investors show confidence in the DeFi project Remittix (RTX), evidenced by its successful $28.1 million private funding and CertiK verification, positioning it as a key innovator in blockchain-based cross-chain payment solutions.

The current market trend suggests investors are increasingly favoring blockchain ecosystems that demonstrate tangible progress and real-world utility, indicating a shift in the DeFi sector from speculative ventures towards practical applications in global payments.

Solana (SOL) is experiencing renewed investor confidence, driven by significant inflows into its exchange-traded funds (ETFs), pushing its value up by 4.04% to $160.83 as of November 9, 2025. This surge has fueled optimism among traders that the cryptocurrency could soon retest the $200 mark, supported by its strong fundamentals and expanding ecosystem. Alongside Solana’s momentum, the DeFi project Remittix (RTX) is gaining attention for its PayFi-based payment solution, having secured over $28.1 million in private funding.

Solana’s Market Resurgence

Solana’s market capitalization currently stands at $88.93 billion, with a daily trading volume that has increased by 15.25% to $6.33 billion. This upward trajectory suggests that institutional investors are increasingly seeking long-term exposure to Solana-based assets.

Analysts believe that consistent growth in ETF allocations could sustain Solana’s ascent. The network’s efficiency as a Layer-1 blockchain, known for its fast transactions, is seen as a key factor in its potential to reclaim the $200 level this month, bolstered by improved liquidity and broader market participation.

Remittix Emerges in DeFi Payments

Amid the heightened interest in Solana, Remittix is positioning itself as a notable DeFi project in 2025. The platform offers a cross-chain PayFi solution designed to bridge crypto and traditional fiat systems.

Remittix enables users to transfer funds directly from digital wallets to bank accounts across more than 30 countries. This functionality highlights its focus on real-world blockchain adoption within global payment systems.

Project Milestones and Investor Confidence

Remittix has achieved CertiK verification, securing a #1 ranking for pre-launch tokens on CertiK Skynet. The project is also expanding its wallet beta testing to more iOS users, allowing participants to test its crypto-to-fiat payment capabilities.

The project’s private funding round successfully raised over $28.1 million, with more than 684 million RTX tokens sold. This financial backing underscores investor confidence in Remittix’s potential to innovate in blockchain-based borderless payments.

Shifting Focus to Real-World Utility

The current market trend indicates that investors are increasingly engaging with blockchain ecosystems that demonstrate tangible progress and utility. While institutional inflows continue to drive Solana’s price towards the $200 target, projects like Remittix exemplify the DeFi sector’s maturation.

Remittix’s expanding ecosystem and verification status suggest a broader shift in the decentralized finance space, moving from speculative ventures towards practical, real-world applications in global payments.