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TRON (TRX) Tumbles Sharply While Whales Flood Into a DeFi Token That Converts BTC to Fiat

TRON (TRX) Tumbles Sharply While Whales Flood Into a DeFi Token That Converts BTC to Fiat
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TRON (TRX) has seen a sharp decline in price, raising concerns among investors as large holders shift capital elsewhere. The latest trend shows a significant increase in whale activity targeting a DeFi token designed to simplify BTC-to-fiat conversions. This move suggests a growing preference for utility-focused projects, especially as TRX struggles to maintain momentum in a competitive market.

Remittix Attracts BTC Whales with Direct Fiat Conversion Protocol 

In the last few weeks, a pattern has emerged. High-volume traders have begun rotating capital into a relatively new Remittix. This isn't just about chasing a new ticker. The attraction lies in a function many networks have failed to simplify: direct conversion of BTC to fiat.

Remittix offers a settlement protocol that lets users off-ramp crypto straight into local currency. For traders operating across multiple pairs, this system bypasses a major friction point. There’s no need to swap BTC to stablecoins or go through centralized exchanges for cashouts. That small design shift will create larger implications for liquidity flow.

The platform does this faster, cheaper and with less friction than traditional cross-border systems. For businesses, the platform incorporates lower costs and better service delivery. For the 1.4 billion unbanked individuals across the globe, Remittix provides access to financial tools and opportunities.

Moreover, liquidity hubs are testing Remittix’s framework for more efficient OTC transactions. It’s becoming part of the broader infrastructure that supports near-instant fiat access without the usual web of custodians and bridges. While other projects have vague roadmaps, Remittix seems to be quietly stitching itself into workflows traders already use.

BTC holders appear to value faster exits without compromising transaction privacy. In a market where ease of entry and exit influences volume, Remittix’s model could end up being more relevant than its rivals. Traders are watching how quickly it can scale this conversion feature across new regions, especially as capital starts to move more aggressively in Q2.

TRON Lags Altcoin Rally as Analysts Watch for Double-Bottom Reversal 

As BTC closes in on the $110,000 mark, hundreds of altcoins are showing signs of a potential rally. However, TRON appears stuck, with a decline of over 40% from its December 2024 peak of $0.44. Despite having a public sentiment that is bullish, TRX has had 16 red days in the past month and a yearly inflation rate is 2.74%.

Moreover, according to IntoTheBlock, whales have offloaded approximately 21 million TRX tokens in the past week. This activity has raised concerns about TRX's short-term stability, especially with the failure of the golden cross on May 24, 2025. Sun's participation in the recent crypto dinner hosted by former President Donald Trump has drawn attention, especially given his previous legal challenges with the SEC.

From a technical perspective, TRX is exhibiting signs of a potential double-bottom pattern near the $0.2245 support level. If this pattern holds, it could indicate a possible rebound; however, a break below this level might lead to further declines over the next three months.

 CoinMarketCap
Source: CoinMarketCap

Conclusion 

As TRON struggles with red candles and whale exits, Remittix is seeing a surge of interest for one simple reason: it fixes a major gap in crypto usability. Its ability to convert BTC directly into fiat is turning heads and so is its ongoing presale. For $0.0781 per token, traders can gain early access to a project that looks ready to revolutionize cross-border finance and earn a hefty ROI in the process.

Discover the future of PayFi with Remittix by checking out their presale here:

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