As Bitcoin Consolidates, Ethereum Is Looking To Rebound Higher – These ETH Tokens Could 10x

Bitcoin is holding strong above $100,000, and that kind of stability is giving the rest of the crypto market room to breathe and grow.

Bitcoin is trading relatively flat on Wednesday morning, pausing after a recent surge that saw it break through the $100,000 mark. The lack of volatility in the flagship cryptocurrency is allowing other tokens to move and grow.

One token that has seen strong gains in recent weeks is Ethereum (ETH). The second-largest cryptocurrency is up 54% over the past 30 days as it continues to benefit from the Pectra upgrade, which was activated on May 7. The upgrade has unlocked several new features, particularly for Layer-2 networks.

Layer-2 Scaling Solutions Are Booming

One of the biggest updates is on Coinbase’s Base Network, which is now able to process EIP-7702, allowing for smart wallet conversions and better data throughput, leading to cheaper and faster transactions.

Jesse Pollak, lead developer at Base, highlighted how this upgrade helps to scale Ethereum and make it easier for users to interact with the network.

“We’re excited to announce that the Pectra chain upgrade has successfully completed!”

“This upgrade brings forth several highly anticipated improvements to the Ethereum network. Among them is EIP-7702, which is now supported by Base.”

“This integration will enable users to seamlessly convert their smart wallets and enjoy an enhanced experience with the network, in addition to boasting cheaper and faster transactions.”

While ETH’s price has slowed in recent days, the technology behind the blockchain is quickly advancing, paving the way for more gains in the future.

PEPE Shows Strength As Meme Tokens Cool Down

PEPE has seen incredible gains of 70% over the past 30 days as the meme token continues to be a hot topic in the crypto community. However, over the past seven days, PEPE has seen a slight pullback of 2%.

This small dip may be a red flag for some, but for many PEPE traders, it’s actually a green light. Often, when a token pulls back, it’s only a brief respite before another breakout.

If the pullback continues, the next key support level to watch is around $0.00001077, a zone where PEPE buyers have stepped in to buy the dips in the past. This is about a 20% drop from current levels, but it’s also a zone where the price has bounced back from in the past.

Despite the recent price action, several analysts remain bullish on PEPE, with some price targets as high as $0.00003. However, it’s important to note that these are just predictions and there is no guarantee that they will be reached.

XCN Breakout Awaits As Utility Spurs New Interest

XCN has seen a modest gain of 4% over the past 30 days, suggesting a slow and steady upward trend for the token.

Recently, XCN has been seen bouncing between the $0.016 and $0.022 levels. Currently, the token is trading around the $0.18 mark. While the price action may not be showing any immediate signs of explosiveness, this calm period could be setting the stage for a larger move in the future.

Several analysts have set XCN price targets in the coming months, with some aiming for breakouts to $0.055 or $0.158. A few bold predictions even see XCN reaching the $0.26-$0.32 by July.

Earlier moves, like the Goliath mainnet launch, HTX ties, and links to Justin Sun, are quietly supporting the bullish case for XCN, even if the hype around the token has yet to reach full blast.

Remittix Presale Explodes With Real-World Utility And 10x Potential

Remittix (RTX) is a new Ethereum-based payment token that is quickly gaining attention for its rapid presale progress and unique utility.

The token has already raised over $15 million and sold more than 535 million tokens, despite its presale price remaining at just $0.0757.

Remittix allows users to send BTC, ETH, or XRP directly to any bank account in minutes, setting it apart from other cryptocurrencies.

This capability has led some to call Remittix the next XRP or Stellar, but with even faster execution.

With the global payments market expected to reach nearly $190 trillion by 2027, Remittix has the potential to 10x in value and maybe even break into the top 10 cryptocurrencies if it continues to gain adoption at this rate.

Those interested in learning more about Remittix and its PayFi vision can visit the links below.

Remittix Presale: https://remittix.io/

Remittix Socials: Linktr.ee/