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The latest Cardano news paints a mixed picture for ADA holders. While the blockchain remains one of the most staked networks globally, ADA just slipped to a five-month low following theft accusations that spooked investors.
Meanwhile, momentum is rapidly shifting toward Remittix (RTX), a PayFi altcoin building utility around global payments, and now tipped by analysts for an aggressive 40x trajectory.
Charles Hoskinson, Cardano’s founder, quickly dismissed rumors of insider theft, confirming through an independent review that the 300 million ADA in question had been transferred into the Intersect trust fund, designed to guide the ecosystem’s roadmap.
Even with the clarification, ADA slipped to the $0.80 support zone. Analysts pointed out that remaining above this level is crucial, with resistance at $0.90–$0.95. A clean breakout might push Cardano toward $1.00, but failure could retrace to $0.60.
On-chain, however, the story remains more encouraging. Cardano is one of the most decentralized and reputable crypto ecosystems, with 21.8 billion ADA staked at $18 billion. Despite price fluctuation, Cardano is a core layer-1 with more staking than Solana, Tron, and BNB.
This long-term commitment provides a foundation, but for short-term traders, the lack of explosive catalysts has them scanning elsewhere for higher returns.
As ADA consolidates, Remittix is rapidly building momentum. Designed as a PayFi network, RTX allows users to send over 40+ cryptocurrencies directly into bank accounts across 30+ countries. Transfers settle within 24 hours, with flat fees and no hidden FX costs.
Businesses can also leverage the Remittix Pay API, enabling them to accept crypto while receiving fiat directly, and freelancers can issue invoices in crypto while being paid in local currency. This approach removes barriers that have limited the adoption of XRP, XLM, and other settlement tokens.
Key updates fueling Remittix hype include:
Confirmed BitMart and LBank listings
Upcoming Q3 Beta Wallet launch
Full Certik audit passed, with liquidity and team tokens locked for three years
The project has progressed sharply in its ongoing presale, raising over $23.9 million. With over 645 million tokens sold, investors are FOMOing into the presale, now selling for $0.1030.
Analysts are tipping RTX for a 40x return in 2025, citing three core factors:
Massive market size: Global cross-border payments exceed $183 trillion annually.
Retail-first approach: Unlike XRP or Cardano’s enterprise-leaning partnerships, Remittix solves everyday payment pain points.
Momentum: A rapidly growing presale, confirmed listings, ongoing $250,000 giveaway, and a product pipeline with immediate use cases.
As Cardano news reflects mixed investor sentiment, Remittix is emerging as the high-growth alternative. While ADA could stage a recovery toward $1, RTX offers the asymmetric upside that traders aggressively seek.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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