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While the Bitcoin price has already climbed back to above $100k, the XRP price has remained stuck in the $2 zone. As XRP stalls, Remittix(RTX), an emerging PayFi protocol on Ethereum, is up over 400% in presale!
Let’s find out why crypto analysts believe RTX is poised to challenge XRP in the cross-border payments market, potentially returning gigantic yields north of 100x to early adopters.
Remittix is an upcoming crypto-to-fiat payment network that has captured massive investor interest with its revolutionary cross-border DeFi payment solution.
While Ripple targets large financial institutions like banks, Remittix brings faster and cheaper payments to the average consumer and small business owners, closing a critical gap in the market.
The Ethereum-based dApp features a cutting-edge financial infrastructure that integrates cryptocurrencies with traditional financial systems worldwide, seamlessly merging the crypto and fiat worlds.
This clever strategy has enabled Remittix to weave the speed of crypto with the convenience of fiat, eliminating the long processing times and expensive fees that consumers face when sending international wires.
Using the Remittix dApp, users can conduct same-day transfers at a flat fee. Furthermore, Remittix is a multicurrency platform, enabling users to transfer funds using 50+ crypto coins and over 30 fiat currencies from the convenience of their devices.
These innovative features have left market pundits predicting that Remittix might cut a substantial share of the $190 trillion cross-border payments market, sparking a 100x moonshot for RTX as its market cap rises to hobnob with XRP.
After pulling an astronomical 7x upsurge to $3.4 in its recent swing high, the XRP price has been taking a breather. In April, XRP sank to the $1.6 zone, sparking a dip buying spree that rotated it back up to above $2.
Source: CoinMarketCap
In the past month, XRP climbed about 15%, pushing its yearly gains past 400%. But after entering the $2 zone, the XRP price appears to have stalled, trading in a narrow band below $2.6 as investors pounce on every price jump to lock in gains.
Some analysts now fear that more traders might continue taking profits, causing XRP to stagnate in this region as whales trim their positions to pile into new altcoins.
CoinCodex XRP price predictions paint a bleak picture for the asset. According to the data, XRP is anticipated to struggle in the $2 zone, trading in a channel between $1.7 and $2.7 for the rest of the year.
However, two bullish tailwinds are stirring the XRP pot and could fuel the asset’s upshot to new heights. Recently, Ripple settled with the SEC, clearing regulatory hurdles for Ripple’s expansion and XRP’s adoption.
The euphoria surrounding spot XRP ETFs, which Bloomberg Intelligence analysts have given 85% approval odds, is also a major factor pushing XRP’s bullish sentiment amid growing institutional interest.
That said, analysts are citing the increasing competition from new cross-border payment solutions like Remittix as one of the top reasons why XRP might lag in 2025.
Presale investors have poured nearly $15 million into the RTX ICO as whales line up to score this presale gem at a discount, accumulating over 535 million tokens.
Investors are encouraged to check out this new cross-border payments kingpin and grab their share before the price skyrockets.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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