Following the broader market condition XRP has regained momentum. Different XRP price predictions are eyeing the possibility of a run toward $7 in the coming months.
A newly launched PayFi project, Remittix, is set to rewrite the payment-token narrative. With its utility-focused offering, RTX is positioned to challenge and unseat XRP’s dominance.
The current rally in XRP price is fueled by the broader bullish market momentum, renewed institutional interest and optimism surrounding global payment adoption.
Trading just above $3, XRP has seen a sharp increase in daily volume ($4 billion) and a breakout from key technical resistance levels.
XRP price opened today at $3.28. It rallied to the $3.34 level but was rejected, and momentum could not be maintained to move higher. Many analysts’ XRP price prediction points toward $1.20 in the short term, potentially extending toward $7 over the next year if broader market momentum holds.
A few hours ago, Ali Martinez revealed that 50 million $XRP were purchased by whales in the last 48 hours, a signal that whales are positioning for the next leg up.
XRP’s strength lies in its ability to facilitate cross-border cryptocurrency transactions, which are faster and cheaper than traditional banking methods. However, the recipients are still paid in cryptocurrency, a gap Remittix aims to bridge.
With the regulatory uncertainties and increasing competition, XRP seems to have passed its prime. The smart money knows this and they are already diverting to Remittix (RTX).
While XRP focuses on institutional-level transactions, Remittix is solving a $19 trillion global payment problem across 30 countries.
Remittix is built to enable instant crypto-to-bank transfers in 30+ countries, and supports over 40 cryptocurrencies. Its app has features like real-time FX conversion, staking, low gas fees and a mobile-first user interface.
Remittix highlights:
Join the RTX presale now!
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
The content featured on Coinpedia's press release page is provided for informational purposes only. Coinpedia does not endorse, verify, or take responsibility for the accuracy, completeness, or reliability of any press releases or associated materials. Any views, opinions, or statements expressed in these press releases are those of the respective issuers and do not reflect the opinions or positions of Coinpedia. Coinpedia is not liable for any content, products, services, or actions mentioned in the press releases. Readers should independently verify the information before taking any actions related to the subject matter of the releases.
Pi Network’s native token, PI, is gaining short-term traction as buyers return after a muted…
A new political fight has started in Washington as Senators Elizabeth Warren and Jack Reed…
SACHI, the next-generation Web3 immersive gaming universe built on Unreal Engine 5, has entered a…
Ever since the Bitcoin price broke below $100K, the crypto markets appear to have stumbled…
Finding a crypto presale with actual working technology and real merchant adoption potential feels like…
The first-ever spot XRP ETF just had a huge first week on Nasdaq. In only…
