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Cryptocurrency News Articles

Remittix (RTX) token raises over $15M in presale, attracting crypto whales looking to buy the next Solana (SOL) or Litecoin (LTC)

May 18, 2025 at 07:32 pm

Following the launch of spot Bitcoin and Ethereum exchange-traded fund (ETF) in 2024, many had predicted that top altcoins like Solana (SOL) and Litecoin (LTC) would have their spot ETFs launched this year. However, while there have been different strong filings for SOL and LTC ETFs

Remittix (RTX) token raises over $15M in presale, attracting crypto whales looking to buy the next Solana (SOL) or Litecoin (LTC)

Many had predicted that top altcoins like Solana (SOL) and Litecoin (LTC) would have their spot ETFs launched in 2024, following the launch of spot Bitcoin and Ethereum exchange-traded fund (ETF) in 2024. However, while there have been different strong filings for SOL and LTC ETFs, there have been approval delays from the US Securities and Exchange Commission (SEC).

Despite the pause on approvals, investors and analysts are confident about the chances of additional spot crypto ETFs entering the market in 2025. However, while the market awaits, some investors are shifting their attention to this new altcoin with potential, which has now crossed over $15 million in presale raises. Let’s find why experts tip Remittix as the best XRP rival to buy now.

Crypto whales flock to Remittix for bigger gains

Remittix is still in the presale phase, but the new crypto project has been attracting investors in massive numbers due to its strong potential. Within a few months of its initial coin offering (ICO), Remittix has sold over 536 million RTX tokens and raised over $15 million. The unprecedented presale speed has caused experts to tip it as the best crypto presale of the year.

There’s also further appeal to be had thanks to Remittix’s presale structure. Those who bought RTX when the presale launched have already made over 400% gains and investors are clearly hyped about its price growth during the presale. Importantly, the gains are significantly more than what established cryptocurrencies like Bitcoin and Ethereum have generated within the same period.

Also, Remittix offers exciting use cases in the Payment Finance (PayFi) space. These include its support for direct crypto-to-fiat transactions on the blockchain instead of using intermediaries that charge extra fees. With the convenience of the Remittix Pay API, users can spend crypto for everyday transactions, process cross-border remittances, and make various online payments in crypto or 30+ fiat currencies. These features boost Remittix’s potential for long-term success, while bringing massive adoption even in its infancy stage.

Solana attracts institutional players despite ETF delay

The SEC approval delay for a spot SOL ETF initially looked like it would slow down the SOL price. However, despite the news, SOL investors have maintained optimism. SOL inflows remain bullish, especially from institutional players stacking up cryptocurrencies to diversify their balances. For instance, DeFi Development Corp recently purchased over $23 million worth of SOL.

Source: CoinMarketCap

Such bullish sentiment from big players, as well as the bold 90% odds from experts about the launch of the first-ever spot SOL ETF in 2025, has kept the SOL price in the $173 zone. Still, SOL analysts are optimistic that the SOL price could climb higher as the bullish trend continues.

Litecoin crosses $100 despite ETF drama

Despite the temporary pause on the launch of a spot LTC ETF, the altcoin has also maintained its bullish form. The LTC price has soared by over 30% in the past month, and LTC has now crossed the $100 mark. The LTC price movement is showing signs of further momentum building up for a potential rally to $110.

Source: CoinMarketCap

However, LTC is testing support at $99, and the altcoin will need its bulls to remain in control to avoid a reversal motion.

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Other articles published on May 19, 2025