Cardano’s ADA is back on watch lists after a 6 % overnight jump, an upswing that, according to on-chain trackers, coincided with a fresh wave of whale accumulation. Traders hunting the next breakout are also quietly eyeing Remittix (RTX), a crypto-to-fiat bridge token that some analysts say could eclipse Layer-1 returns if adoption accelerates.
ADA pierced $0.61 on 3 July, logging its best daily close in five months and outpacing Bitcoin by nearly seven percentage points. CoinGecko shows 48 million ADA traded during the initial thrust, while Santiment reports “supply in profit” climbing by 2.34 billion ADA, a sign dormant holders are back in green.
Technically, ADA is technically resting at slightly below the descending-channel ceiling connecting the 23 May and 10 June highs. Closely above 0.72 would verify the breakout and it would open up the May swing highs of 0.71-0.73, and a subsequent psychological attack at 1.
Solana scored its own headline victory this week with the launch of the SSK staking ETF, which booked $33 million in first-day volume. The listing validates SOL’s high-yield narrative and helped price reclaim the 50-day EMA at $149. Still, technical resistance looms at $158.50, a double-top from early June. A breakout there targets $163.58 and $168.17, but traders will want confirmation via expanding volume.
XRP, by contrast, is coiling inside a three-year descending triangle. Support at $1.80–$2.00 has held so far, yet failure would expose the realized-price floor near $1. Chart historian Thomas Bulkowski puts the odds of a downside resolution for this pattern north of 50 %, making regulatory catalysts—an SEC settlement or an ETF filing—critical to any upside scenario.
While Layer-1 giants battle for market share, Remittix quietly solves the crypto-to-cash bottleneck. Its Ethereum-based contracts let a freelancer in Nairobi receive shilling minutes after a client sends BTC, all for about 1 % in fees. Each transfer burns a slice of the RTX supply, tying scarcity to real-world throughput.
Priced at $0.0811 with roughly $15.9 million already committed, RTX’s fully diluted value is microscopic next to ADA, SOL or XRP. Yet even a 0.05 % capture of the $190 trillion global-payments market would, according to Wave Seven Capital models, warrant a mid-cap valuation—implying 10× potential before the cycle ends. Early adopters cite the forthcoming Checkout API, which lets merchants settle crypto sales in instant fiat, as the catalyst that could vault Remittix onto major-exchange shortlists.
Cardano’s volume surge suggests it could indeed outrun Solana and XRP in the near term, provided it breaks the channel roof. Solana’s ETF adds institutional fuel, yet resistance must fall; XRP needs a courtroom green light.
Against that backdrop, Remittix offers an orthogonal bet: real-world payments utility rather than Layer-1 competition. A portfolio blending ADA’s breakout potential with a measured RTX position may capture both momentum and asymmetric upside as the bull run matures.
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