Solana has remained one of the most watched networks in the broader crypto market, with its strong technical performance and steady activity across DeFi and institutional platforms.Solana has remained one of the most watched networks in the broader crypto market, with its strong technical performance and steady activity across DeFi and institutional platforms.

Solana Continues Its Strong Market Push As SOL Adoption Grows Across DeFi And Institutional Platforms

2025/11/28 09:55
4 min read

Many analysts have been tracking Solana’s recent movements, and the network’s momentum continues to shape discussions in crypto news communities. Remittix also appeared in conversations around blockchain technology adoption today after its new product update, creating additional attention toward technical progress in the sector.

Solana Price Action And Market Structure

Solana has regained momentum heading into late November, reclaiming mid-range support and pressing into the heavily contested $144 to $145 resistance band. Currently trading around $140, analysts note that SOL has formed a sequence of higher lows beneath this ceiling, a structure often associated with pre-breakout compression when combined with rising volume. If price can break above this level with conviction, the next liquidity pocket sits at $152 to $155, reflecting unfilled inefficiencies from earlier trading ranges.

Solana Price 28 November

Currently sitting around $140, analysts are optimistic about Solana’s potential to break above the $144-$145 resistance zone. Solana price source: Brave New Coin, SOL market data.

Momentum strengthened as several analysts highlighted Solana’s ability to reclaim key higher-timeframe zones, with the token having repeatedly defended the $115 to $128 dollar demand region throughout 2025. This reclaim has reopened discussions about broader upside scenarios, including reactions toward $168 to $176, an area defined by former monthly imbalances and historical resistance.

In the short term, traders are focused on Solana’s immediate support at $137 to $138 and secondary zones at $132 to $134 and $126 to $128 dollars, all of which have consistently attracted buyers. Upside resistance remains firm at $144 to $145 dollars. A confirmed breakout above $145 would likely shift sentiment decisively and validate the improving technical landscape, but until that move arrives, SOL remains in a tight compression pattern. With strong buying interest, improving indicators and a reclaim of higher-timeframe structure, Solana’s setup is constructive, yet traders agree that its next move depends on clearing the month’s most important resistance zone.

Latest Remittix Update As The Wallet Goes Live

A major highlight today came from Remittix after announcing that its wallet is now officially available on the Apple App Store. The application operates as a fully functioning crypto wallet designed for secure storage and asset management. The team confirmed that the wallet’s Phase 1 release is stable and ready for wider ecosystem integration.

A more extensive upgrade is expected in December, when Remittix plans to introduce its crypto-to-fiat functionality inside the same application. This feature aims to streamline digital asset transfers into traditional financial systems. The team has also confirmed that the Android rollout is already in development.

A preview of the current build is visible in the beta demonstration shared on social media, including footage from community testers through the cryptoksic beta clip. Remittix has also undergone a full audit by CertiK, and the project’s verification status is publicly listed on the CertiK Skynet page. Their team verification is accessible under the project’s fundamental health section.

Remittix Technology Progress

Remittix continues to prepare additional ecosystem releases alongside the wallet. Community testing recently expanded, allowing more iOS users to participate in the feedback cycle as the wallet moves through successive development stages.

The Remittix token is currently priced at $0.1166, and the project has reported more than $28.2 million raised through private funding, along with over 686 million tokens distributed.

The ecosystem also introduced a referral program where users can generate daily USDT rewards through the dashboard, adding another engagement layer to the platform. Remittix has confirmed a future listing agreement with BitMart, followed by another with LBank, both planned for the project’s wider market rollout. A major CEX reveal is scheduled at the $30 million funding milestone.

Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

Frequently Asked Questions

1. Will Solana go up in value?

Price movement depends on market sentiment, liquidity, network activity and external economic conditions. There is no guaranteed direction.

2. What affects the price of Solana?

Key factors include network performance, DeFi usage, validator activity, trading volume and overall crypto market conditions.

3. Can Solana reach higher price levels?

Analysts usually watch support and resistance levels. As mentioned above, a confirmed daily close above major resistance areas often indicates stronger momentum.

4. Is Solana a good long-term project?

Solana is known for high-speed performance and low transaction costs, which contribute to its adoption across DeFi and institutional platforms. Technical strength and consistent updates usually play a role in long-term interest.

5. What catalysts could influence Solana’s next major move?

DeFi protocol expansion, network upgrades, market-wide sentiment shifts, institutional usage and liquidity changes are some of the key factors that can affect future performance.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

MoneyGram launches stablecoin-powered app in Colombia

MoneyGram launches stablecoin-powered app in Colombia

The post MoneyGram launches stablecoin-powered app in Colombia appeared on BitcoinEthereumNews.com. MoneyGram has launched a new mobile application in Colombia that uses USD-pegged stablecoins to modernize cross-border remittances. According to an announcement on Wednesday, the app allows customers to receive money instantly into a US dollar balance backed by Circle’s USDC stablecoin, which can be stored, spent, or cashed out through MoneyGram’s global retail network. The rollout is designed to address the volatility of local currencies, particularly the Colombian peso. Built on the Stellar blockchain and supported by wallet infrastructure provider Crossmint, the app marks MoneyGram’s most significant move yet to integrate stablecoins into consumer-facing services. Colombia was selected as the first market due to its heavy reliance on inbound remittances—families in the country receive more than 22 times the amount they send abroad, according to Statista. The announcement said future expansions will target other remittance-heavy markets. MoneyGram, which has nearly 500,000 retail locations globally, has experimented with blockchain rails since partnering with the Stellar Development Foundation in 2021. It has since built cash on and off ramps for stablecoins, developed APIs for crypto integration, and incorporated stablecoins into its internal settlement processes. “This launch is the first step toward a world where every person, everywhere, has access to dollar stablecoins,” CEO Anthony Soohoo stated. The company emphasized compliance, citing decades of regulatory experience, though stablecoin oversight remains fluid. The US Congress passed the GENIUS Act earlier this year, establishing a framework for stablecoin regulation, which MoneyGram has pointed to as providing clearer guardrails. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/moneygram-stablecoin-app-colombia
Share
BitcoinEthereumNews2025/09/18 07:04
Rap Star Drake Uses Stake to Wager $1M in Bitcoin on Patriots Despite Super Bowl LX Odds

Rap Star Drake Uses Stake to Wager $1M in Bitcoin on Patriots Despite Super Bowl LX Odds

Drake has never been shy about betting big, but on the eve of Super Bowl LX, the global music star took it up another notch by placing a $1 million wager on the
Share
Coinstats2026/02/09 04:00
Why Everyone Is Suddenly Ditching Dogecoin (DOGE) for a Cheaper Alternative Token

Why Everyone Is Suddenly Ditching Dogecoin (DOGE) for a Cheaper Alternative Token

The post Why Everyone Is Suddenly Ditching Dogecoin (DOGE) for a Cheaper Alternative Token appeared on BitcoinEthereumNews.com. SPONSORED POST* The buzz around meme coins has always been unpredictable, but the shift we are seeing right now is striking. Dogecoin (DOGE), long celebrated as the original meme coin, is slowly losing ground to a younger contender. Investors are now paying more attention to Little Pepe (LILPEPE), a coin priced under $0.004 that combines meme culture with real blockchain innovation.  At its current presale stage 13, LILPEPE is trading at $0.0022, and early investors have already seen gains of 120%. Even at this level, those entering could still enjoy 36.36% gains when the coin launches at $0.0030. Dogecoin (DOGE) – The Pioneer Showing Its Age Dogecoin has been the face of meme culture in crypto since 2013. Known as the coin of the people, DOGE built an empire on community strength and celebrity shoutouts. Its current trading price hovers around $0.20 with a market cap above $29 billion, showing that it still holds weight. But despite its dominance, DOGE has been struggling to reinvent itself. The lack of advanced features or deep integration with decentralized finance leaves it vulnerable in a market that now demands more than nostalgia. While DOGE still rallies whenever Elon Musk makes headlines, long-term investors are starting to realize the growth potential may be limited compared to younger, cheaper coins making their mark. Little Pepe (LILPEPE) – The Meme Coin With Real Utility Little Pepe is more than just another meme coin riding on internet culture. It is built on a next-generation Layer 2 network that delivers faster and cheaper transactions while staying Ethereum compatible.  The numbers speak loudly, too. The presale has already raised over $25.4 million with more than 15.7 billion tokens sold. Stage 13 is live at $0.0022, just a step up from the $0.0021 of stage 12, showing a steady upward…
Share
BitcoinEthereumNews2025/09/19 19:03