Solana (SOL) Updates: In December, Solana Welcomes $1 Billion in Stablecoins; AI16Z First AI Token to Reach $2 Billion Market Cap
December was a game changer for Solana (SOL) as the altcoin surged past the $200 mark. The network added $1 billion in stablecoins to its Total Value Locked of $5 billion. In another milestone, AI16Z, the first artificial intelligence token on Solana, hit a $2 billion market cap. These achievements highlight Solana’s growing dominance and investor confidence in its ecosystem.
Solana in the Spotlight: December’s Crypto Leader Eyes $500 Target by 2025
Solana dominated crypto news in December. For the third consecutive month, SOL maintained its position as the most utilized blockchain for spot trading, generating 112 billion in revenue.
In other developments, Solana’s network saw a $1 billion increase in its stablecoin Total Value Locked (TVL) in December, bringing the total to $5 billion ($4 billion in USD and $1 billion in USDT). This growth reflects the increasing confidence investors have in the Solana ecosystem.
Another noteworthy achievement was AI16Z, Solana’s artificial intelligence token, becoming the first on the network to reach a market cap of $2 billion, as reported by CoinGecko. AI16Z now ranks third among AI agent coins, following VIRTUAL at $3.8 billion and FET at $3.4 billion.
Solana's DeFi ecosystem is gaining traction, approaching Ethereum’s adoption levels. This advancement could positively impact Solana-based DeFi tokens like Orca (ORCA) and Raydium (RAY). Solana's price began 2025 at $200 on January 2nd and is currently valued at $212. With a 13% increase over the week, experts forecast Solana could hit $500 by 2025.
Remittix (RTX): Revolutionizing Global Payments with Blockchain Technology
Remittix (RTX) is introducing a payment solution that blends blockchain with local banking systems across the globe. This platform allows users to send and receive over fifty cryptocurrencies, which can be converted into more than thirty fiat currencies. With local banking integration, users can transfer funds to bank accounts worldwide with same-day processing and no hidden foreign exchange or wire transfer fees.
Security remains a top priority for Remittix, with BlackSAFU auditing its smart contracts to ensure reliability and trust. The use of blockchain technology provides tamper-proof transaction records, enhancing trust in the platform’s innovative approach.
The core of the ecosystem is the $RTX token, which grants holders governance rights and offers staking rewards of up to 8% APY. With a limited supply of 1.5 billion tokens, $RTX mirrors Bitcoin in its focus on scarcity.
Throughout its ICO, Remittix has achieved significant milestones, with the token price rising from $0.015 to $0.0172 and over $1 million raised during the presale. This momentum suggests investor confidence in the project’s potential to disrupt the $190 trillion global cross-border payments market.
The $RTX token could reach $1 by the end of 2025. With its groundbreaking PayFi solution and growing presence in the industry, Remittix is poised to shake up traditional finance and the DeFi realm.
Remittix May Outshine Solana by 2025
While Solana is currently experiencing a bullish trend, experts speculate that Remittix could offer even greater returns. With projections of a 20x increase before its presale concludes and the potential to reach $1 by the end of 2025, Remittix’s mission to revolutionize remittances positions it for tremendous growth. Early investors view it as a high-reward opportunity in an expanding market.
Join the Remittix (RTX) presale and community:
Join the Remittix (RTX) Community
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.
Investment Disclaimer
