Remittance Market Gets a New Player: Remittix (RTX) Quietly Steals the Show

Ethereum price is gearing up for an upward move, targeting the $3,000 mark—a level that could trigger a broader breakout across its ecosystem.

The price of Ethereum is gearing up for an upward move as it sets sights on the $3,000 level. This critical juncture could herald a broader breakout across the entire Ethereum ecosystem.

As the value of ETH climbs, it’s common to see tokens built on its platform, like PEPE, follow suit, especially with the strong community support and consistent price action.

However, a new ETH token, Remittix (RTX), is quietly stealing the show with its focus on making online payments easy and reliable. Let’s see what is making these tokens key players to watch.

ETH Price Rises With ETF Inflows

The price of Ethereum has been lagging despite the recent surge in cryptocurrency prices. However, experts believe that ETH is preparing for a significant recovery.

According to Glassnode, the supply of Ethereum on major exchanges has dropped to a 10-year low. This is a strong indication that large investors are buying and holding more ETH.

According to crypto analyst Ali Martinez, over 1 million ETH was removed from exchanges in just one month.

[email protected] April 14th vs March 28th:

• Institutions poured $30M into the U.S. Ethereum ETFs last month.

• Large holders increased their ETH holdings by 443,000, reaching their highest ownership since March 2023.

• ETH futures on major exchanges saw $2M in short positions liquidated last month.

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