XRP's demand is surging due to Spot ETF approval rumors. Strong cash inflows are anticipated post-ETF approval, boosting price expectations. Continue Reading: Spot ETF Rumors Ignite XRP Demand and Market Activity The post Spot ETF Rumors Ignite XRP Demand and Market Activity appeared first on COINTURK NEWS .
Hey there, crypto enthusiasts! Ever wonder what happens behind the scenes with those popular meme coins? Sometimes, the teams behind them make moves that can significantly impact the market. We’ve just seen a notable instance involving the Melania Meme token , and it’s worth taking a closer look. What’s Happening with the MELANIA Token Team? According to insights shared by the on-chain analytics platform Lookonchain on X, the team responsible for the MELANIA token has been actively selling a substantial amount of their holdings. This isn’t just a small transaction; we’re talking about a significant offload of tokens over a short period. Specifically, Lookonchain reported that the team is currently in the process of selling 2.01 million MELANIA tokens, which were valued at approximately $938,000 at the time of the report. This follows a prior sale just two days earlier, where they offloaded 1.18 million tokens for 4,230 SOL, equivalent to about $632,000. Combining these amounts, the total value of MELANIA tokens sold by the team within a three-day window exceeds $1.57 million. Understanding the Crypto Team Offload Strategy One interesting detail highlighted by Lookonchain is the strategy the team is employing: Dollar Cost Averaging (DCA). Now, you might be familiar with DCA as an investment strategy where you buy a fixed dollar amount of an asset at regular intervals, regardless of the price. The goal is to reduce the impact of volatility on the overall purchase. However, in this scenario, the team is using DCA in reverse – to sell. This means they are likely selling a fixed dollar amount (or a fixed amount of tokens) at regular intervals over time, rather than dumping everything at once. Why would a team choose this method for a crypto team offload ? Minimize Market Impact: Selling a large amount of tokens all at once can flood the market, causing a sharp price drop. DCA selling spreads the sales out, potentially reducing volatility and preventing a crash. Realize Value Over Time: It allows the team to capture an average selling price over the period, rather than being subject to the price at a single point in time. Fund Operations or Other Ventures: Teams often hold a significant portion of the token supply. Selling some of these tokens can provide necessary funds for project development, marketing, exchange listings, or even personal gain. While DCA selling can be seen as a more responsible way for a large holder to exit compared to a sudden dump, it still represents consistent selling pressure on the token’s price over the period the strategy is active. The Role of Lookonchain Analysis How do we know about these team movements? This is where on-chain analytics platforms like Lookonchain analysis come into play. These tools monitor public blockchain data, tracking transactions from specific wallets, including those known to belong to project teams, early investors, or large holders (often called ‘whales’). By analyzing transaction patterns, wallet balances, and token flows, platforms like Lookonchain can identify significant activities such as large buys, sells, transfers to exchanges, or the adoption of specific strategies like DCA. This provides transparency in a market that can often feel opaque. For investors, following on-chain analysis can offer valuable insights: Identifying potential selling pressure from large holders. Spotting accumulation phases. Understanding how tokens are moving within the ecosystem. Gauging team activity and potential intentions. However, it’s crucial to remember that on-chain data provides information about transactions, not necessarily the full story or motivation behind them. It’s a powerful tool but should be used in conjunction with other research. What Does This Meme Coin Team Selling Mean for Investors? The fact that the team behind a project is engaging in significant meme coin team selling is a piece of information that investors should consider carefully. While not inherently malicious (teams need funds), it can signal several things: Potential Price Impact: Consistent selling, even via DCA, adds supply to the market, which can put downward pressure on the price, especially if demand doesn’t keep pace. Team Confidence: Large-scale selling might raise questions about the team’s long-term confidence in the project’s growth potential, or signal they are prioritizing taking profits. Supply Distribution: It changes the distribution of the token supply. While it might decentralize holdings slightly, it means a significant portion of the initial supply held by the team is entering the market. For holders of the Melania Meme token , this news means being aware of potential ongoing selling pressure. It doesn’t automatically mean the price will crash, but it’s a factor influencing market dynamics. Actionable Insights for MELANIA Holders and Meme Coin Investors: Given this information, what steps can investors take? Stay Informed: Continue monitoring on-chain reports and news related to the project. Evaluate Your Position: Reassess your investment in MELANIA based on this new information and your own risk tolerance. Understand the Risks: Meme coins are inherently volatile and high-risk investments. Team selling adds another layer of potential volatility and uncertainty. Look Beyond the Hype: While community and hype drive meme coins, fundamental analysis (like token distribution and team activity) is still relevant for understanding potential risks. Diversify: Don’t put all your eggs in one basket, especially with high-risk assets like meme coins. Challenges and Considerations Investing in meme coins, and specifically navigating situations like a crypto team offload , comes with significant challenges: Volatility: Prices can swing wildly based on social media sentiment, news, and whale movements like team selling. Lack of Fundamentals: Many meme coins lack a strong use case or underlying technology, making their value purely speculative and driven by community and hype. Information Asymmetry: Project teams often have more information about their plans and holdings than retail investors. On-chain data helps bridge this gap but isn’t perfect. Trust: Team selling can erode investor trust, particularly if not communicated transparently or if it appears excessive. While some may view team selling as necessary for funding, others see it as a red flag, indicating a potential exit strategy rather than long-term commitment. Conclusion: Keeping an Eye on the MELANIA Token Movement The revelation that the team behind the Melania Meme token has been systematically offloading over $1.57 million worth of MELANIA using a DCA strategy is a significant development. Highlighted by Lookonchain analysis , this instance of meme coin team selling underscores the importance of transparency and the potential impact of large holder movements in the crypto market, particularly within the volatile meme coin sector. While DCA selling is a smoother approach than a sudden dump, it still represents sustained selling pressure. Investors should stay informed about this crypto team offload and factor such activities into their risk assessment when dealing with meme coins. To learn more about the latest crypto market trends, explore our article on key developments shaping cryptocurrency investment strategies.
Ethereum’s upcoming Fusaka hard fork, expected in late 2025, may set the stage for significant shifts in smart contract functionality via the EVM Object Format upgrade. The Ethereum Foundation has
The cryptocurrency market experienced a significant resurgence last week, as digital asset investment products recorded a substantial $3.4 billion in inflows, marking the third-largest weekly inflow on record, according to CoinShares . Bitcoin led the charge, drawing in an impressive $3.18 billion in inflows, with Ethereum also breaking an eight-week streak of outflows by attracting $183 million. Source: CoinShares Meanwhile, Solana stood as an outlier among the altcoins, experiencing $5.7 million in outflows, even as other altcoins, such as XRP and Sui , saw significant gains. The resurgence in capital inflow coincided with a cooling gold market, where prices had dropped sharply after reaching recent highs. Whale activity further showed the bullish sentiment, with significant OTC purchases, including a reported $110 million buy of Bitcoin and Ethereum, fueling optimism across the market. BREAKING A WHALE BOUGHT $54M WORTH OF $ETH and $56.7M WORTH OF BITCOIN VIA WINTERMUTE OTC – ARKHAM EVERYONE IS BUYING AGGRESSIVELY pic.twitter.com/6B4pv2eJIs — Ash Crypto (@Ashcryptoreal) April 28, 2025 Bitcoin Dominates as Safe-Haven Narrative Drives $3.18B Inflows Bitcoin was undoubtedly the main driver behind the latest influx of capital into digital assets. With $3.18 billion flowing into Bitcoin products last week alone, the pioneer cryptocurrency accounted for the majority of the $3.4 billion in total inflows. This momentum not only erased the previous outflows recorded since early April but also pushed Bitcoin’s year-to-date (YTD) inflows to a strong $3.7 billion. Source: YahooFinance The surge in Bitcoin inflows can be largely attributed to a combination of macroeconomic factors and market-specific developments. Mounting concerns over the impact of tariffs on corporate earnings, coupled with the dramatic weakening of the U.S. dollar, drove investors toward assets seen as resilient to traditional market shocks. Bitcoin, often referred to as “digital gold,” naturally attracted investors seeking a safe haven. Coinciding with the renewed interest was Bitcoin’s impressive price action. After a volatile period earlier in the year, Bitcoin reclaimed the $90,000 mark last week, its highest level since March, and continued to push higher towards $95,000. Source: Cryptonews U.S. spot Bitcoin ETFs also played a critical role in this resurgence, accounting for over $3 billion of the weekly net inflows. Source: SosoValue This represents the highest recorded inflows into U.S. Bitcoin ETFs in five months and the second-highest ever recorded. Meanwhile, blockchain equities, particularly Bitcoin mining-related ETFs, saw an additional $17.4 million in net inflows. Ethereum Reverses Outflows as XRP, Sui Gain; Solana Stumbles While Bitcoin dominated the headlines, Ethereum also experienced a notable reversal of fortunes last week. After enduring eight consecutive weeks of outflows, Ethereum-based investment products attracted $183 million in new inflows, signaling a renewed surge in investor confidence. U.S. spot Ethereum ETFs played a crucial role in this turnaround, contributing $157.1 million to the inflows and registering their first net positive weekly inflow since February. Source: SosoValue The positive momentum extended beyond Bitcoin and Ethereum. XRP investment products recorded a substantial $31.6 million in inflows, reflecting growing optimism around the asset, possibly tied to regulatory clarity and continued institutional interest . Meanwhile, Sui (SUI) funds saw $20.7 million in inflows, highlighting investor appetite for newer, emerging blockchain ecosystems. However, not all altcoins shared in the gains. Solana stood out as the sole major digital asset product to experience outflows last week, with $5.7 million exiting Solana-based investment vehicles. Regionally, while U.S. investors dominated with $3.3 billion in inflows, the positive sentiment was echoed globally. Source: CoinShares Germany and Switzerland notably contributed $51.5 million and $41.4 million in inflows, respectively, while Australia, Sweden, and Hong Kong also recorded modest gains. On the issuer side, BlackRock’s iShares ETFs led the inflow charts , attracting a remarkable $1.5 billion, with ARK and Fidelity following at $621 million and $574 million, respectively. @BlackRock ’s IBIT leads $917M Bitcoin ETF inflow surge with a record $643M single-day haul, signaling strong institutional demand as Ethereum ETFs lag. #Bitcoin #BitcoinETFs https://t.co/cW3CDz38Pa — Cryptonews.com (@cryptonews) April 24, 2025 Despite this strong performance, a few issuers, including Grayscale, ProShares, and CoinShares, continued to experience outflows month-to-date, suggesting that investors are rotating toward newer or better-performing products. In summary, last week’s crypto investment activity paints a vivid picture of a market regaining its bullish footing, propelled by renewed investor interest. If current trends continue, the coming weeks could see even stronger inflows and higher valuations across many investment vehicles. The post Digital Asset Products See $3.4B Inflows, Bitcoin Leads, Ethereum Reverses Outflows appeared first on Cryptonews .
The post This $0.025 Token Is on Track for a 3400% Run, According to Market Analysts appeared first on Coinpedia Fintech News In a crypto market where many tokens are competing for visibility, only a few stand out for having both solid fundamentals and unmatched entry points. Mutuum Finance (MUTM) is one standout, still available at a modest entry price of $0.025. While larger-cap assets grab the headlines, investors are zooming in on this low-cap DeFi token that analysts say could be gearing up for a 3400% rally once it hits public markets. With so many speculative plays circulating, the appeal of a project like Mutuum lies in its actual utility. It’s not just promising potential—it’s laying the groundwork to deliver on it. Mutuum Finance (MUTM) The numbers speak volumes. Mutuum has already raised over $7 million in its presale, with more than 420 million tokens sold and nearly 9,000 wallet holders already involved. As of now, the fourth presale phase is halfway sold out, and interest is ramping up fast. Once this phase closes, the price will move to $0.03—locking in a 20% gain for early buyers. Given there are only 11 presale phases in total, each stage brings a new price increase, creating urgency among those who don’t want to miss out. Getting in early often leads to the highest potential returns. What separates Mutuum Finance from many other presale tokens is the combination of real functionality and smart token mechanics. The platform is built for decentralized lending and borrowing, where users can either supply assets or borrow against their existing holdings using smart contracts. These contracts are undergoing a full audit by CertiK, further reinforcing the protocol’s transparency and security focus. When users deposit assets into Mutuum, they receive mtTokens—digital assets that represent their deposit plus real-time interest accumulation. These mtTokens aren’t just placeholders; they’re active tools. Users can hold them, trade them, or use them within broader decentralized applications. This system ensures that every dollar put into the protocol is working, constantly growing through interest-based yield. A portion of its protocol earnings is used to purchase MUTM tokens from the open market. These tokens are then redistributed to mtToken holders and participants within the ecosystem. It’s a closed-loop system that reinforces value instead of diluting it. The current entry point of $0.025 opens the door for massive returns. Analysts are eyeing a conservative $0.85–$1.00 price target post-launch, which would already represent a 3400% increase from today’s valuation. And that’s without factoring in what happens once exchange listings begin. Exposure to wider audiences almost always triggers new waves of buying activity, and Mutuum has already hinted at major exchange announcements coming shortly after launch. To put that in perspective: a $1,200 allocation at the current price secures 48,000 MUTM tokens. When the token reaches just $0.85, that position would be worth over $40,000. A $2,500 investment? You’re looking at potentially $100,000+ in return. Beyond the financial forecasts, the core of the project is focused on sustainability. The team is preparing to launch an overcollateralized stablecoin designed to give users liquidity without forcing them to sell core assets. This feature alone gives Mutuum a real-world use case that goes beyond hype. Borrowers retain ownership of their assets while unlocking liquidity, and lenders generate passive income through dynamic APY, depending on pool utilization. These are functions seasoned crypto investors actively look for—and Mutuum has packaged them together with flexibility and simplicity. While many investors chase tokens that have already hit the spotlight, Mutuum Finance offers the kind of asymmetric upside that only early-phase entries can. Backed by DeFi utility, a working roadmap, and strategic tokenomics, it’s becoming one of the best crypto projects to consider before launch. With the presale still open and the next price increase already in sight, MUTM isn’t just a DeFi token to watch—it’s the one to act on. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.finance/ Linktree: https://linktr.ee/mutuumfinance
Ethereum’s Fusaka hard fork is expected to take place in the third or fourth quarter of this year, according to an Ethereum Foundation official. In an April 28 X post , Ethereum Foundation co-executive director Tomasz Kajetan Stańczak said that the organization is aiming to deploy the Fusaka Ethereum network upgrade in Q3 or Q4 2025. Still, the exact rollout schedule has not been decided yet. The comments come amid controversies over the upcoming implementation of the EVM object format (EOF) upgrade for the Ethereum Virtual Machine (EVM) . As Stańczak pointed out, EOF is expected to be a part of the Fusaka network upgrade. Source: Tomasz Kajetan Stańczak The EVM is the software that runs Ethereum smart contracts . EOF would implement a series of protocol changes, known as Ethereum improvement proposals (EIPs), with profound implications for how it operates. EOF introduces an extensible and versioned container format for the smart contract bytecode that is verified once at deployment, separating code and data for efficiency gains. Related: Researcher proposes scaling Ethereum gas limit by 100x over 4 years Wrap, stamp once, send Bytecode is a low-level, compact set of instructions. Solidity smart contracts must be compiled into bytecode before the EVM can execute them. EOF defines a container module for smart contract bytecode, replacing today’s free-form bytecode blobs with a better-defined structure. These objects would be composed of: A header starting with the 0xEF00 hexadecimal value, followed by a one-byte version number to ensure upgradability. A section table, providing metadata about the contents of the container. Each entry comprises one byte setting for the kind of entry and two bytes for the entry’s size. Sections with the actual content, with at least one code section and any necessary data sections — more types of sections could be added through future EIPs. This structure streamlines EVM operation, allowing for higher efficiency and lower processing overhead. This upgrade would result in a cleaner developer environment and easier-to-understand deployed smart contracts. Don’t JUMP, RJUMP instead! EIP-4200 , one of the EOF EIPs, provides an alternative to the JUMP and JUMPI instructions, which allow the program to move execution to any arbitrary byte offset. This kind of execution chain leads to hard-to-spot bugs (the JUMP value being wrong in some instances may not be easy to predict) and makes it easy to hide malware in data blobs and move the execution pointer there. This practice is known as dynamic jump, and EIP-4750 (under review) proposes disallowing dynamic JUMP/JUMPI inside EOF smart contracts, rejecting them entirely during a later phase of EOF deployment. In its current form, this EIP replaces them with call function (CALLF) and return from function (RETF) function calls. Those new instructions would ensure that destinations are hardcoded into the bytecode, but legacy pre-EOF smart contracts would be unaffected. Developers who opt to use JUMP or JUMPI after the upgrade will have their bytecode go through deploy-time validation, which ensures that they can never jump into data or the middle of another instruction. This verification would take place via EIP-3670 ’s code-validation rules, plus the jump table ( EIP-3690 ), so every destination is checked. As an alternative to those functions, EOF implements RJUMP and RJUMPI instead, which require the destination to be hardcoded in the bytecode. Still, not everyone is on board with EOF implementation. Related: Ethereum community members propose new fee structure for the app layer EOF has its haters EOF is the implementation of 12 EIPs with profound implications for how smart contract developers work. Its supporters argue that it is efficient, more elegant, and allows for easier upgrades down the line. Still, its detractors argue that it is over-engineered and introduces further complexity into an already complex system such as Ethereum. Ethereum developer Pascal Caversaccio lamented in a March 13 Ethereum Magicians post that “EOF is extremely complex,” as it adds two new semantics and removes and adds over a dozen opcodes. Also, he argued that it is not necessary. He said all the benefits could be introduced in “more piecemeal, less invasive updates.” He added that the legacy EVM would also need to be maintained, “probably indefinitely.” Caversaccio also explained that EOF would require a tooling upgrade, which risks introducing new vulnerabilities due to its large attack surface . Also, he said, “EVM contracts get much more complicated due to headers,” while currently empty contracts weigh just 15 bytes. Another developer raised a separate point in the thread: “Perhaps as a meta point, there seems to be disagreement about whether major EVM changes are desirable in general. A stable VM, on which people can invest in building up excellent tooling and apps with confidence, is much more valuable.“ Caversaccio appears to be in good company in his opposition to EOF. A dedicated poll on the Ethereum polling platform ETHPulse shows that 39 voters holding a total of nearly 17,745 Ether (ETH) are opposed to the upgrade. Only seven holders of under 300 ETH voted in favor. Ethereum EOF implementation approval pool. Source: ETHPulse Magazine: Ethereum is destroying the competition in the $16.1T TradFi tokenization race
In crypto news today: Crypto market is red today Nike Faces $5M Lawsuit Over Alleged NFT Rug Pull Crypto Funds See $3.4B Inflows Bitget and Avalanche Partner to Drive Web3 Adoption in India __________ Crypto market is red today The crypto market is in the red today, with the global market capitalization holding at $3.1 trillion, a slight 0.2% dip in the last 24 hours. At the time of writing, daily trading volume stands at $81.4 billion, reflecting a moderate decline from the previous day. Among the top 10 cryptocurrencies, most are trading in the green. Bitcoin (BTC is up 1.4% over the past 24 hours, currently priced at $95,360, marking a 9.2% gain over the week. Ethereum (ETH) follows with a 0.7% daily increase, trading at $1,821.62, and showing an impressive 11.4% rise over the past seven days. Meanwhile, Dogecoin (DOGE) leads the top performers in this category, climbing 12.5% over the week to trade at $0.1821. On the downside, Solana (SOL) and XRP saw minor pullbacks, with SOL down 0.5% and XRP slipping 0.4% in the past day, though both remain positive on the weekly chart. Notably, Sui (SUI) emerged as a standout performer, soaring 68.7% over the past seven days to trade at $3.84, reflecting growing investor interest. In the trending category, privacy coin Monero (XMR) surged 17.4%, fueled by recent market events, while Casper Network (CSPR) topped the gainers list with a 56% jump. Nike Faces $5M Lawsuit Over Alleged NFT Rug Pull Nike is being sued for $5 million in a class action lawsuit after investors accused the company of orchestrating a rug pull by shutting down its NFT subsidiary, RTFKT, in January. The plaintiffs claim Nike promoted unregistered securities through its branded NFTs, which were intended for trading on secondary markets. Nike was sued for $5M USD because of the RTFKT rug. This video will be presented by the plaintiffs as evidence in court: pic.twitter.com/XGDF0X5UDi — wale.moca (@waleswoosh) April 28, 2025 Following RTFKT’s closure, the value of the Nike-themed NFTs collapsed, with investors stating they would not have purchased the tokens had they known about the regulatory risks or the impending shutdown. RTFKT, acquired by Nike in 2021, announced its wind-down in late 2023. Crypto Funds See $3.4B Inflows Global crypto investment products managed by firms like BlackRock, Fidelity, and Grayscale saw a surge of $3.4 billion in net inflows last week, marking the third-largest inflow on record, according to CoinShares . Analysts attribute the spike to investor concerns over U.S. tariff impacts and a weakening dollar, positioning digital assets as a growing safe-haven alternative. Third largest weekly digital asset inflows on record of US$3.4bn as investors seek safe havens from the plummeting USD https://t.co/svIZq8jgwf pic.twitter.com/mLMSdykJzU — James Butterfill (@jbutterfill) April 28, 2025 The strong inflows coincided with Bitcoin climbing over 8% toward the $95,000 mark, while broader crypto markets rallied, pushing total assets under management in these funds to $132 billion, a level last seen in February. Bitcoin-focused products dominated the inflows, attracting $3.2 billion globally, with U.S. spot Bitcoin ETFs contributing over $3 billion—the highest in five months. Bitget and Avalanche Partner to Drive Web3 Adoption in India Crypto exchange Bitget and blockchain platform Avalanche have announced a strategic partnership to promote grassroots Web3 adoption in India. The collaboration focuses on educational initiatives, community programs, and financial support, aiming to boost awareness and development of blockchain technology across the country, according to a Monday press release . Both companies are investing heavily in India’s growing Web3 ecosystem. Avalanche is working with government agencies and offering grants to developers, while Bitget has pledged $10 million through its Blockchain4Youth and Blockchain4Her programs. __________ Bookmark this page and subscribe to our newsletter for the latest crypto news updates! The post What’s Happening in Crypto Today? Daily Crypto News Digest appeared first on Cryptonews .
The post Here’s When Altcoins Will Rally appeared first on Coinpedia Fintech News Crypto markets started the week with a bullish tone on Monday, with Bitcoin trading above $94,000. Bitcoin is increasingly gaining recognition as a safe asset, similar to gold or the US dollar. NYDIG Research pointed out that Bitcoin is shifting from a speculative investment to a reliable store of value, especially after the introduction of US trade tariffs. XRP Leads Major Altcoin Gains Coming to altcoins, XRP led the major gains, rising almost 8%, driven by the approval of a ProShares ETF, which will see three futures-tracked products go live on April 30. Cardano’s ADA gained more than 3%, while BNB Chain’s BNB added just 1%. Ether remained neutral. Solana was also up over 1%, while SUI made gains of over 4% in the past day. Monero (XMR), however, saw an unexpected surge, soaring over 40% to hit $371. Currently, it’s trading at $268, up 17% in the last 24 hours. When Will Altcoins Rally? Analysts Share Predictions Arthur Hayes, in a recent blog post , shared that he expects altcoins to start gaining momentum once Bitcoin breaks its previous all-time high of $110,000; it could surge further, potentially nearing $200,000. However, he warned that not all altcoins will perform well during the potential altcoin season. Analyst Moustache believes that the biggest part of the altcoin rally is yet to come. He thinks the worst is now over and expects many green candles going forward. Crypto Rover highlighted that altcoins are breaking out of a 140-day downtrend. He noted that this could signal the start of a massive utility season ahead. Analyst Wimar.X predicts that the biggest altcoin season in history is about to begin, with altcoins forming a triple-bottom pattern, hinting at a potential parabolic rally. He expects that the total altcoin market cap could reach $15 trillion during this cycle, although such predictions come with significant risks due to the volatile nature of crypto markets. Altcoin Index Stands At 18 Bitcoin is currently the dominant force in the market, holding 63.4% of the total market share. Altcoins are struggling, with their overall market strength at just 18 according to CoinMarketCap’s Altcoin Index . This suggests that Bitcoin is leading the market, and an altcoin rally may still be far away.
Cardano and Solana investors are now witnessing a massive hype and anticipation wave as they eagerly look forward to a new token that has been affectionately dubbed by investors as ‘XRP 2.0.’ While larger ecosystems such as Cardano (ADA) and Solana (SOL) keep expanding and developing, the majority of fans and investors of these cryptocurrencies are now turning towards RTX . This is not merely coincidental; RTX has been referred to as “XRP 2.0,” which speaks volumes about its new and improved approach to the intricacies involved in worldwide money transfers. Given these events, let’s take a closer look at the reasons why Remittix is now garnering so much attention and interest from the crypto world and beyond. Remittix (RTX) Momentum Builds Among Investors Momentum continues to build and gather strength for Remittix, popularly referred to as RTX. Remittix has been able to amass a staggering amount of over $14.6 million, trading at a current price of $0.0757 for every token. Besides this success, the firm has also sold over 529 million tokens to investors. As per the analysis presented by Mitrade , this fast and high rate of growth is reflective of the high degree of confidence that investors have in the practical and real-life use of RTX in the large and continuously developing worldwide remittance market. Analysts working with CoinCentral have done a comprehensive review versus Remittix, comparing it to the infrastructure being leveraged over at Ripple. They have praised its phenomenal ability to reduce fees considerably while pointing to the immense speed with which transactions are processed and settled. Remittix has a very clear and differentiating use case that makes it stand out, in a sense giving it a huge edge not just over speculative meme coins but even over platforms that are a bit slower in nature. There are several reasons why increasingly more Cardano and Solana investors are embracing the current trends existing within today’s market. Why Cardano and Solana Investors Are Joining the Shift The latest addition of XRP to Cardano’s Lace Wallet speaks volumes about the platform’s firm dedication to bringing about interoperability between different cryptocurrencies and blockchain networks. Nevertheless, in spite of this remarkable development and enhancement, ADA’s price still exhibits a mediocre performance, trading at the $0.65 level. Source: TradingView Meanwhile, Solana’s outlook is mixed. SOL is now trading at a price very near $148.52, and based on technical analysis, there are signals that indicate the possibility of rallies or breakdowns in its price. Cointribune has reported and explained this in detail. According to CryptoDnes , the enthusiasm and hype for Remittix are continuously growing since it is offering users instant financial use cases that are proving to be greatly useful to them. Why Investors Are Calling Remittix ‘XRP 2.0’ Remittix’s focus on enabling cross-border payments is indicative of the core purpose that XRP is representative of, but it differs by taking an innovative and contemporary approach that differentiates it from conventional practices. The professionals at CryptoTimes have the opinion that there are market segments that have remained unpenetrated or unreached by XRP, but which can be captured by RTX. Given the large and valuable remittance market that we have today, it is evident that the potential growth prospects of Remittix may be huge and sizable if the adoption trend continues to evolve. Along with this, several platforms, including CryptoDnes , are predicting that if Remittix’s growth keeps speeding up, it can go on to stand alongside some of the bigger names in the cryptocurrency market, including more established players like BNB and Dogecoin. Conclusion: Remittix (RTX) Is Gaining Real Traction The exodus of investors from Cardano and Solana to the new platform called Remittix (RTX) shows that there is a dramatic shift in the focus and priorities of the market. Instead of just putting their bets on possible upgrades to platforms or depending on other institutional narratives, many are now focusing on projects that are aimed at tackling and solving real-world financial problems and issues encountered by individuals in their day-to-day lives like Remittix. Sending and receiving money from anywhere just got so much easier with Remittix, especially with its PayFi system that allows crypto-to-fiat transactions . These factors combined are setting Remittix up to not just garner the attention of investors but also to solidly secure its position as an industry leader for 2025 and for many years to come. The focus on making transactions easy to conduct across international borders is especially appealing to a huge base of users looking for payments that are as fast as they are affordable. This factor is majorly responsible for the sustained popularity of RTX. Get a chance to be a part of the future of cross-border finance with Remittix, especially while the prices are at a nascent stage and favorable level conducive for investment. Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .
The lawsuit between the SEC and Ripple, which has been going on for years, has resulted in a positive outcome, and interest in XRP has increased. While the XRP price has risen to $3 due to many factors, XRP is breaking new records in Japan. Japan's banking sector is preparing for a major change, with nearly 80% of banks planning to adopt XRP by 2025. At this point, according to a report prepared by SBI VC Trade, the cryptocurrency arm of Ripple partner SBI Holdings, XRP has surpassed Ethereum in trading volume in the last 30 days. Accordingly, while XRP became the second most traded cryptocurrency last month, just after Bitcoin, this was interpreted as a strong sign that XRP still has a large follower base, especially in Japan, where it has been popular for years. According to the data, Japanese investors preferred Bitcoin (BTC) in first place, XRP in second place, Ethereum (ETH) in third place, Solana (SOL) in fourth place, and Dogecoin (DOGE) in fifth place. SBI Group CEO Yoshitaka Kitao voiced his strong support for XRP, highlighting its growing use in international money transfers via RippleNet. In a sign of XRP’s growing popularity in Japan, XRP was recently made available on Mercoin, one of Japan’s largest marketplaces, as the third cryptocurrency after Bitcoin and Ethereum. Related News: Ripple (XRP) Makes a Sensational Move from One of Japan's Largest Platforms! It Became Third After Bitcoin and Ethereum! *This is not investment advice. Continue Reading: Unprecedented Success from XRP! Surpassed Ethereum, Became Second After Bitcoin!