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As January starts on a bullish note, Cardano price predictions are making rounds on social media, with analysts targeting $2 as the next major milestone. Meanwhile, bullish Solana news regarding a new, cutting-edge security protocol is reigniting holders' sentiment.
Remittix is also rapidly gaining traction with its revolutionary PayFi platform that could unlock seamless cross-border transactions and democratize the financial markets. Let’s discover why Solana investors are bidding heavily on this newcomer and why experts are tipping it as the “Next Ripple”
Remittix challenges the established paradigm of traditional payment platforms as it introduces a brand-new PayFi system that allows for streamlined crypto-to-fiat transactions. This means that users will be able to perform quick, inexpensive crypto transfers which will be immediately converted into fiat and deposited in any bank account around the world. Through this feature alone, Remittix sets itself apart from entities like Stripe and Wise, which are mainly focused on fiat-to-fiat transactions, while their crypto-related services are still frustratingly inefficient and expensive
Remittix supports 40 major cryptocurrencies and 30 fiat currencies, bridging the gap between decentralized and traditional finance. The platform is designed to cater to all types of customers, regardless of their banking status or local restrictions. Through the Remittix Pay API, businesses will also be able to easily integrate cryptocurrencies into their payment framework, enabling them to offer a wider array of options to customers. Experts are praising this initiative, as it positions Remittix at the forefront of crypto adoption and could be instrumental in the project’s long-term success.
At the center of the Remittix ecosystem is the $RTX token, which plays a crucial role in all major aspects of the platform, including staking and governance. Holders will be able to reap recurring staking rewards for up to 8% APY, while Tier-3 VIP investors will be able to enjoy up to 18% APY and greater governance privileges.
With over $1.85 million being raised in just 8 days many are calling Remittix the ‘XRP 2.0’ as it looks set to solve real world issues whilst making millionaires in the process!
After a brief consolidation phase, Cardano (ADA) is once again entering an ascending channel that could see it conquer new heights by the end of January. At the time of writing, Cardano trades at $1.08 following a 1.7% intraday increase, bringing its total weekly returns to 25.3%. CoinMarketCap shows that trading volume has diminished by 24%, indicating that short-term traders are now booking profits, while Cardano holders are awaiting the next move.
The chart shows that Cardano is breaking out of a descending wedge pattern, a bullish formation that is typically followed by a steep upward surge. If this scenario plays out, a successful retest of the descending trendline could propel the Cardano price to $2 in the upcoming weeks, potentially setting the stage for a double-digit ADA at the peak of the bull run.
The rise of quantum computing has worried the crypto community for years, as it could theoretically compromise blockchain security and break the cryptographic algorithms that protect wallets and nodes. With this in mind, Solana proved to be once again ahead of the curve, as Solana developers have introduced the "Solana Winternitz Vault", a quantum-resistant solution that uses hash-based signature systems to protect funds from quantum computer threats.
In other Solana news, SOL has just experienced a mini-retracement of 1.5% as selling pressure is mounting. This was to be expected, as over the last week, Solana rose by over 10%, reclaiming the crucial $200 level and settling at around $215.
The $RTX presale is now underway, and tokens are priced at just $0.0185, demand is growing rapidly as over $1.7 million has been raised in record time and another price jump is just around the corner. When taking into account all that Remittix provides in terms of utility, and its innovative approach to crypto payments, early adopters could have a new gem at hand. By the end of the presale alone, experts anticipate an 800% rally, and once Remittix is available for trading on major exchanges, a 5,000% moonshot could be on the cards.
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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Disclaimer: Analytics Insight does not provide financial advice or guidance. 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. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
