The Solana price had a rough August, hovering near $200 despite several failed attempts to break through the barrier.

Despite yearly gains staying strong at almost 50%, analysts fear September could be as tricky unless bullish efforts make $217 a support level. 

One PayFi altcoin, Remittix (RTX), is tipped to deliver for savvy investors seeking more substantial ROI margins. Experts acknowledge the promise in its potential to provide explosive 40x growth, placing it firmly in the spotlight as September starts.

Solana Price Forecast For September

The Solana price struggles in a rangebound trajectory, hovering near $200 after failing to stay above $210 despite several attempts. Technical analysis reveals that risks of possible downturns remain unless SOL ends the week above $217.

For support, experts expect SOL to move toward $160 if it falls below the support levels of $195 and $182. Resistance, however, could give way with a decisive surge above $217 and create the path of a 20% return to $250.

Analysts cite on-chain signals indicating profit supply, which usually comes before corrections. This indicator recently hit a six-month high of 96%. Also, exchange balances are above 32M SOL. Such a setup often signals upcoming selloffs.

Source: CoinGecko

Regardless, Solana price has a promising September track record, with profits in the past four years. Should Solana price break above the $217 mark, this seasonality might hold up and set up a potential 20% rally.

Remittix Offers Bigger ROI Margins Compared to Solana Price Prospects 

While the Solana price projection indicates a possible 20% move, investors seeking wider ROI margins are turning to Remittix (RTX). The PayFi project strives to connect cryptocurrency sophistication and traditional banking ease.

Unlike XRP or XLM, which rely heavily on institutional interest, Remittix is a PayFi project for retail users, freelancers, and businesses. Its PayFi model allows crypto payments to be transferred in over 40 tokens, with recipients receiving fiat directly into their bank accounts in more than 30 countries, usually within 24 hours, and with no crypto trace.

Key drivers behind Remittix’s ascent:

• Direct-to-bank transfers with flat and inexpensive fees and no hidden FX charges
• Remittix Pay API works for merchants and freelancers
• Transfers reflect as standard bank deposits for anonymity and simplicity
• An imminent beta wallet launch in September is set to deliver real-time FX quotes and smooth tracking

Finally, with confirmed major CEX listings on BitMart and LBank, liquidity is imminent. Add a thorough Certik audit and a 3-year liquidity lock, and there are enough security and transparency assurances for the long haul.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

$250K Giveaway:https://gleam.io/competitions/nz84L-250000-remittix-giveaway