• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • About TronWeekly
  • Write for us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact
  • All Posts
  • Advertise

TronWeekly

Crypto World News

  • Home
  • Latest News
  • Opinion
    • Education
    • Best TRON Wallets
    • Beginner’s guide to TRON
    • Tron Tokens
    • Market Analysis
  • Industry
    • Tron Exchange
    • Project Review
  • Press Release
  • Bitcoin (BTC)
  • Ripple (XRP)
  • Advertise
  • About TronWeekly
    • The Team
    • Editorial Policy
    • Write for us
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • Contact
You are here: Home / Cryptocurrency News / Solana News: Canada ETFs, Janover’s $10.5M Purchase – Will The Solana Price Follow Remittix’s 500% Gains?

Solana News: Canada ETFs, Janover’s $10.5M Purchase – Will The Solana Price Follow Remittix’s 500% Gains?

By Vaigha Varghese | Edited By Vaigha Varghese,April 17, 2025, 3:00 PM

Solana

Solana news is on fire as big institutions and investors power its next run — but a new contender is already hogging the limelight. Remittix (RTX) has been a high-growth altcoin in 2025, posting 500% returns by revolutionizing cross-border payments. With Solana’s price fluctuating around $160, the stakes are high: will SOL catch up with RTX’s speed?

Purpose Investments’ Canadian Solana ETF, the $10.5M treasury play by Janover, and aggressive whale activity have rekindled interest. However, with Remittix quickly amassing almost $14.5M in its presale, crypto investors are torn between established strength and new innovation.

Solana News: Canada Debuts First-Ever Staking ETF

Purpose Investments, the pioneer of the first spot Ethereum and Bitcoin ETFs, has listed the Purpose Solana ETF (SOLL) on the Toronto Stock Exchange. It provides direct exposure to SOL and native staking rewards — a first-of-its-kind product for retail and institutional investors. The ETF offers hedged and non-hedged CAD and USD units, allowing investors to gain exposure to Solana prices while earning passive yield. 

Source: TradingView

Native staking infrastructure minimizes counterparty risk and maximizes yield — a safe bet for investors who are bullish on Solana news in the long run. For investors who don’t want to deal with on-chain or wallet management, this ETF provides exposure to Solana in tax-advantaged accounts such as RRSPs and TFSAs. Assets are cold-stored with institutional-grade custodians, providing security and convenience to users of traditional finance.

Janover’s $10.5M Solana Wager Sends Stocks Soaring 883%

In a dramatic turn, Janover Inc. (NASDAQ: JNVR) bought $4.6M of Solana and issued over $42M from leading crypto investors, such as Pantera Capital and Kraken. Its stock surged by 883%, powered by its dedication to a Solana-focused treasury strategy. This is not just another treasury experiment. Janover intends to offer equity exposure to Solana price action — and has made cryptocurrency, specifically SOL, its core holding. 

The move reminds of GameStop’s Bitcoin pivot but goes a step deeper into altcoin territory. With Solana news waves sweeping Wall Street, Janover’s strategy could make more companies think of SOL as a core treasury holding. As this story unfolds, expect increasing institutional momentum and new capital flow into the Solana ecosystem.

Remittix vs Solana: Fight for Investor Money

While Solana is accumulating ETF and institutional flows, Remittix (RTX) is quietly dominating retail interest. The token has surged 500% during its presale, attracting more than $14M — a significant portion of it from Solana holders in search of more attractive yields. With crypto-to-fiat bank transfers and no-wallet conversion features, RTX is dubbed “XRP 2.0.”

Analysts predict Remittix’s real-world utility can trigger another 500% rally before it reaches its soft cap. With just a $0.0757 price tag, more than 528M tokens have been snapped up by over 30,000 holders — driving its adoption curve faster than most altcoins introduced this year.

Remittix’s use case — seamless cross-border payments — directly competes with XRP and Stellar. However, the presale hype has also made it a trending hedge among Solana investors observing SOL’s subdued price action versus market volatility.

Will Solana Price Reach $200 Before Remittix Reaches $0.10? 

At $160, the Solana price today is a 2% weekly increase — humble relative to Remittix’s recent gains. Nevertheless, analysts are optimistic. CME pending SOL futures could spark new institutional purchasing, particularly in the US, similar to the pace Canada’s ETF saw. Whale activity is also influencing short-term movement. 

A recent Solana 8.2% price surge was preceded by huge SOL unstaking — a sign of how large holders can flip the market in a hurry. SOL’s $86B market cap and robust DeFi presence are long-term positives. But failing to break through the $200 barrier in the immediate future, Solana risks falling behind more aggressive rivals. 

With Remittix recovering and opening up its ICO, a lot of investors are asking if it’s worth chasing the Solana price — or whether it’s now time to follow the smart money into RTX.

Website: https://remittix.io/ 

Socials: https://linktr.ee/remittix

Filed Under: Cryptocurrency News, Press Release

About Vaigha Varghese

Experienced Journalist with proven experience of working in the online media industry. Skilled in Feature Writing, Journalism, Online Media, and Web Content Writing. Strong media and communication experts with a master's degree in business administration

Primary Sidebar

Recent Posts

  • PEPE Price Prediction: Falling Wedge Signals Breakout to $0.00001050 June 23, 2026
  • KuCoin Pay Unveils 2 Powerful QR Payment Expansions June 23, 2026
  • Base Builder Codes Add On-Chain Tracking for x402 Payments June 23, 2026
  • XRP Community Alert: 14,646 XRP Lost in Scam June 23, 2026
  • MoonPay Entendre Acquisition Expands AI Finance Strategy June 23, 2026

Footer

News

  • Latest News
  • Altcoin News
  • Bitcoin (BTC)
  • Blockchain
  • Tron (TRX)
  • World

Digest

  • Meet the Founder
  • Price Winning Article
  • DeFi
  • Cyber Security
  • Crypto Scam

Industry

  • Project Review
  • Technology
  • Fintech
  • Tron Exchange
  • New in Town

Tron Universe

  • Event and Tron Parties
  • New in Town
  • Tron Tokens

FOLLOW US

  • Facebook
  • Telegram
  • Twitter
  • Linkedin

Subscribe US

Editorial Policy | Privacy Policy | Disclaimer | Terms and Conditions | Masthead

Copyright © 2026 · Tron Weekly. All Rights Reserved. NOTE: Tron Weekly is an independent crypto news site that adheres to the strict journalism policy anchored on transparency, trust, and objectivity, we have no affiliation with the TRON Foundation, its founder Justin Sun or any other cryptocurrency firm.