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Cryptocurrency News Articles
Remittix (RTX) Raises $500M to Acquire Solana Network Targeting Global Bank Transfers
Apr 26, 2025 at 09:03 pm
Remittix is notable for offering a fast, low-cost way to send crypto directly into any bank account worldwide. Moreover, there are no hidden fees or third-party intermediaries.
Lately, some of the most active wallets on the Cardano and Solana networks have been quietly stocking up on a little-known altcoin called Remittix (RTX). This move has sparked the curiosity of investors, who are eager to find out what these Cardano and Solana investors see in RTX that others are missing.
For those unfamiliar, Remittix is a new crypto project that offers a fast and low-cost way to send crypto directly into any bank account worldwide, with no hidden fees or third-party intermediaries.
Path to $1? Analyzing Potential Breakout Scenarios for Cardano
Cardano (ADA) has been performing well in the crypto market, rising over 17% this week to reach a current price of $0.7215. After starting the week in the green, Cardano broke resistance at $0.68 mid-week.
Investor interest in Cardano is also increasing, with more wallets being created and over $16 million transferred to cold storage, showcasing increased confidence in the project.
As Cardano approaches key price levels and a breakout above $0.77 could push it toward $1, the technical indicators are showing strength, and buyer interest is increasing, putting the market sentiment in an optimistic light.
Some experts also predict a rise to $4 for Cardano in the coming months.
Solana Price Rises as SOL Strategies Raises $500M for Staking
Canadian crypto firm SOL Strategies is planning to raise $500 million through a convertible note deal with ATW Partners to acquire Solana, which could contribute to the recent 14% surge in the token's price.
The deal, set to close on May 1, will see SOL Strategies receive $20 million upfront and potentially another $480 million later.
SOL Strategies, listed on the Canadian Securities Exchange and OTCQX, aims to list on Nasdaq while becoming a leading force in Solana staking. CEO Leah Wald described it as "the largest financing deal in the Solana ecosystem tied to delivering staking yield." The company's commitment to becoming the top institutional staking platform is expected to have a significant impact on Solana's price performance.
Remittix: Solving Real-World Payment Challenges with Crypto
Remittix isn't just another token with a catchy name; it's a project designed to solve real payment issues. The project allows users to send money directly to bank accounts globally using cryptocurrency.
Whether you're sending funds to the U.S., Europe, Asia, or any other part of the world, all you need is your crypto wallet. There are no middlemen, currency exchange problems, or expensive wire fees.
But there's still more to gain from this new platform. According to its roadmap, Remittix is laying the foundation for a much larger ecosystem with plans to launch its crypto wallet, get listed on major centralized and decentralized exchanges, and launch a global marketing push to increase awareness for the project.
What's getting some investors even more excited is the token supply model. Remittix has a hard cap of just 1.5 billion RTX tokens, with half of them (50%) allocated for the presale. The project has strategically divided the rest between marketing, exchange liquidity, development incentives, and user rewards.
RTX Presale Update: Nearly 60% Sold Out, Over $14.5 Million Raised
At the time of writing, RTX is selling at $0.0757, with nearly 58% of the presale tokens sold out, raising over $14.5 million. The price will increase to $0.0781 soon, which is why many are participating now.
To make things even more exciting, Remittix is running a $250,000 giveaway, where ten lucky participants will be rewarded with $25,000 each in RTX tokens for joining and sharing the presale.
You don't have to be a crypto expert to get involved with Remittix. The buying process is designed to be easy and user-friendly for everyone. Users simply need to connect their wallet, select to pay with ETH, USDT, or a credit or debit card, and confirm the transaction. That's all!
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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