Remittix (RTX) Price Prediction: Will It Overtake Ethereum in 2025?

Abraxas Capital's Giant ETH Acquisition Suggests Firm Bullish Outlook For Ethereum Price In 2025

Prominent institutional investor Abraxas Capital has acquired a massive amount of 185,309 ETH, valued at approximately $400 million, over just three days, beginning May 8, 2025, according to a report by ChainArgos.

This forced piling up coincided with the time Ethereum’s price increased 44% from $1,800 to $2,600, reducing exchange liquidity and generating bullish pressure.

The action follows Ethereum’s Pectra upgrade, which was launched on May 7, 2025, and included 11 Ethereum Improvement Proposals (EIPs), such as smart wallets, twice as much blob space for Layer-2 solutions, and enhanced validator efficiency.

Such developments have immensely improved the scalability and usability of Ethereum, spurring a 60.01% price gain in the past month to $2,500.90 with a 24-hour volume of $28.35 billion.

Ethereum Price Predictions Skyrocket on Institutional and Technical Trends

Analysts are increasingly optimistic about Ethereum price action in 2025, with predictions ranging from $2,700 to upwards of $3,000 at year-end on the back of institutional adoption and technical innovations.

Changelly analysts see Ethereum price potentially hitting $2,700 in as early as November, although Origin Protocol’s Josh Fraser forecasts $13,400 based on Ethereum’s status as a global finance settlement layer and ETF inflows.

In any case, one thing is sure. Ethereum price is bound to hit $3,000 before any major correction is seen.

Abraxas Capital’s strategic withdrawal of ETH from exchanges underscores institutional conviction, possibly leading to a short squeeze if the buying persists, setting up Ethereum for probing new highs in 2025.

Remittix is garnering attention as a promising altcoin for 2025, with its presale raising over $15.1 million.

The project's innovative approach to cross-border payments and a successful presale have analysts predicting significant growth potential for Remittix in the coming year.

As Ethereum prices aim for new highs and Remittix emerges as a strong contender in the crypto space, investors are closely monitoring both assets for potential opportunities in the evolving market landscape. Let us dive in.

Abraxas Capital’s Giant ETH Acquisition Suggests Firm Bullish Outlook For Ethereum Price In 2025

Prominent institutional investor Abraxas Capital has acquired a massive amount of