Solana Price Eyes $120 as Remittix Raises $29.7 Million

Solana's price action has been gaining attention from crypto investors as it builds toward a significant technical target. The token made a meaningful recovery from the $80 support zone and cleared resistance before facing rejection near $93. If SOL holds its ground and pushes higher, it could potentially reach $120 by the end of April.

However, trading volume has contracted sharply, down 62.11% to $2.17 billion. A sustained move higher would need that volume to return. Solana's market cap currently sits at $49.9 billion, with the token trading at $87.38, down 0.84% on the day.

Remittix (RTX) is another project gaining traction in the crypto market. The PayFi platform allows users to send cryptocurrency directly to bank accounts across 30-plus countries. RTX has raised $29.7 million in private funding and is currently priced at $0.13. The project's wallet is now live on the Apple App Store, marking its first full product release.