The crypto market is consolidating, and established tokens like XRP and Solana price action are beneficiaries. While analysts are looking for the next direction of these two altcoins, the experienced investors are hunting for projects with higher growth potential.
One project, Remittix (RTX), has continued to emerge as the top pick on many investors' search lists.
With its standout presale model and deflationary tokenomics, investors are eager to secure positions before launch and the big rally.
Ripple (XRP) remains the leading face of crypto payment utility. With the recent regulatory clarity in the U.S., Ripple continues to expand its cross-border payments corridor, which will positively affect XRP price.
Technically, XRP is trading in a triangle formation at $2.94. This rising trend indicates a bullish momentum and increasing investors’ confidence and interest in XRP.
XRP is between support at $2.60 and resistance at $3.35. A breakthrough of either support or resistance will reveal the tokens new direction.
Meanwhile, Solana's price has been stable after a series of volatility and recovery throughout the year. This can be attributed to the increasing developers and institutional interest, cementing its role as a top and market-fit blockchain
The chart shows Solana price struggling against significant resistance, which slows its short-term progress.
Remittix (RTX) is a PayFi solution built on the Ethereum blockchain to facilitate cross-border crypto-to-fiat payments. Users send cryptocurrencies deposited directly to recipients' bank accounts in 30+ countries.
RTX is dubbed ‘XRP 2.0’ as it is set to challenge Ripple's dominance in the payment utility space.
While Ripple only facilitates crypto payments and is limited to recipients who accept crypto, Remittix offers more; recipients do not need a wallet or deal with cryptocurrency. Remittix app does the FX conversion, and fiats are deposited directly to their bank account across 30 countries.
Remittix has raised over $24.5 million in presale, with 651+ million RTX tokens sold out of the 750 million available.
Presale Highlights:
The smart contract is fully CertiK audited, and liquidity and team tokens are locked for 3 years.
An upcoming wallet launch in Q3 with real-time FX rates.
Remittix's usefulness is beyond cryptocurrency; it's ideal for freelancers, international business owners, and remittances.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.