
Crypto markets had a rough stretch this week: Ethereum price and even Cardano’s got dragged into a correction that left traders dusting off the charts.
At the same time, though, one early-stage project quietly grew stronger: Remittix (RTX).
While Ethereum and Cardano are trading sideways or lower, RTX is gaining traction with a specific playbook, and that contrast is getting serious attention.
Ethereum looked like it might resume its summer rally, but then came the dip. In the past week, ETH dropped about 6%, sliding from its recent highs near $4,700 into a tighter range.
Still, a few are panicking. ETF inflows have been steady over the past five days. Notably, ETH ETFs have outpaced Bitcoin ETFs in inflows for the fifth consecutive day, indicating robust institutional demand.
On-chain data adds more reason for calm: whale accumulation is picking up, and exchange balances are at record lows, meaning less ETH available to sell, and more locked up by holders.
"Healthy reset." Often after a retracement, if the Ethereum price respects $4,300–$4,400, a recovery run could have more legs.
Cardano wasn't spared. ADA shed about 10% alongside ETH, slipping from around $1.01 down toward support at $0.85.
Yet, interestingly, ADA Open Interest has spiked, with active derivatives contracts now pushing new records at $1.77 billion. That tells me traders aren't exiting, they're rebalancing or taking new positions.
There's a mix of optimism and caution: some analysts point to a breakout pattern targeting $1.05 if Cardano can handle this pivot zone.
Here's where things get intriguing. While Ethereum and Cardano are stuck in correction mode, Remittix is doing quite the opposite, and in a very public fashion.
Its presale has raised more than $19.7 million, and user sign-ups have jumped this week, thanks in part to new local fiat on-ramps in Latin America.
That's right: instead of traders pulling back, people are doubling down. Its utility-first PayFi model, crypto to bank transfers across 30+ countries, is proving compelling in practice, not just in marketing. They also announced a massive $250,000 crypto giveaway to bolster campaign efforts.
Plus, the token has hit major milestones recently: passed a CertiK audit with zero critical issues, and remains weeks away from launching its beta wallet with 40+ crypto and fiat support.
In the end, if 2025 is about infrastructure and payments, Remittix looks like the go-to play. If you're banking on the major smart contract ecosystems to rebound, Ethereum and Cardano remain credible. Both strategies have merit; it just depends on whether you want resilience or momentum.
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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