Cardano's latest news highlights a tough week for the blockchain, with ADA dipping amid broader market jitters following the Federal Reserve's signals on rate cuts and ongoing regulatory scrutiny in the U.S.
This comes as whale activity spiked, with over 270 million ADA dumped, pushing prices lower despite positive ecosystem updates.
Investors are now eyeing undervalued crypto project alternatives that offer quicker real-world integration and lower barriers to entry.
Cardano founder Charles Hoskinson struck an optimistic tone in his August 22 AMA, pointing to ADA’s 125% yearly gain versus Bitcoin’s 73% and unveiling plans for deeper cross-chain collaboration with XRP.
Hoskinson also outlined a three-pronged governance model to strengthen resilience, dismissing concerns over project fragmentation despite $23 million already invested in native tokens.
On the partnership front, Cardano secured a custody deal with Copper, injecting $23 million to support native tokens and expand institutional ties.
Meanwhile, ADA’s price slipped below $0.85, down 3.6% in 24 hours and extending a 6% weekly drop as whales dumped holdings and futures interest declined.
With support near $0.80 and resistance around $0.91, analysts remain split: bullish projections eye $2.05 by year-end if ETF approvals and adoption drive demand, while others warn of prolonged correction unless new catalysts emerge, though signs of whale accumulation on-chain hint at a potential recovery toward $1.
Remittix emerges as the best DeFi altcoin designed for instant global remittances, enabling crypto transfers to bank accounts in seconds across borders.
Compared to Cardano's research-focused approach, Remittix shines with rapid transaction tech and a growing community of active users.
Its growth trajectory outpaces slower networks, backed by practical tools that attract new liquidity and position it as a low gas fee crypto leader for scalable operations.
Why Investors Are Making Moves Into Remittix
Real-World Utility: Built for actual use
Send crypto to real bank accounts - in seconds
Built for borderless payments with global reach
Real-time FX conversion with transparent rates
Business API to help onboard a new wave of liquidity into crypto
Remittix has soared past $21.5 million raised, landing Bitmart as its first centralized exchanges listing and eyeing the next reveal at $22 million. Boasting over 25,000 holders and 290,000 entries on the Gleam giveaway page, this early stage crypto investment is heating up fast.
Dive in now to buy RTX tokens and lock in your spot as an early holder. With the Q3 wallet launch and reveal on the horizon, you're set for huge upside. Don't wait, grab this chance for life-changing returns today.
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Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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