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Cryptocurrency News Articles
Remittix Is on a Solid Path to $1 with Its Payment Solutions Filling the Gap Left Behind by Ripple and Stellar Lumen
May 08, 2025 at 05:57 pm
The Ripple and Stellar Lumen prices continue to consolidate in May as sentiment in the crypto market waned ahead of the Federal Reserve interest rate decision.
The prices of Ripple (XRP) and Stellar (XLM) continue to consolidate in May as crypto market sentiment waned ahead of the Federal Reserve interest rate decision.
While both tokens are currently down by more than 15% from their yearly high, their on-chain data points to a breakout before 2025 ends.
Similarly, Remittix is on a solid path to $1 with its payment solutions filling the gap left behind by Ripple and Stellar Lumen. Here is a thorough breakdown of where these projects are heading next.
Remittix stirs attention in the global payment sector as investors anticipate a 1,000% surge
Investors are turning to the PayFi sector, as it spearheads the overall crypto market resurgence, even as Ripple and Stellar fight to recover lost ground.
Remittix is taking advantage of this trend and providing a 10x return to its holders from the $190 trillion industry.
Remittix is a crypto platform that enables international fiat currency transfers using advanced payment systems. Its blockchain technology effectively links digital currencies with traditional ones, allowing smooth transactions between crypto and fiat. This real-world utility could see Remittix rival Fintech companies like Stripe and Wise and poach a segment of XRP’s and XLM’s market participants.
Like most bright projects in the DeFi space, Remittix uses a native token called RTX to power its operations. RTX holders can earn up to 8% APY rewards through a seamless staking mechanism. The platform also offers a VIP tier program for higher returns, providing additional incentives based on investment levels. RTX currently stands at $0.0757, with investors queuing and contributing over $14.8 million.
XRP bulls target $3 amid concerns about on-chain metrics
As the XRP price continues to continue to consolidate, its network activity is waning, evidenced by a sharp decline in a crucial on-chain indicator: the volume of payments between accounts. DeFiLama data reports that this metric reached more than 800 million XRP in early April, falling to 527 million XRP later in the month.
Source: CoinGlass
Despite this temporary setback in XRP, Anna, in an X post, highlighted the possibility of its price reaching 3.3. The chart analyst spotted a bullish pattern in the XRP price action and believes a breakout would change market sentiment. Whales have begun making their move in anticipation of this breakout by accumulating over 900 million XRP over the past month.
On the institutional front, XRP ETF is sparking a healthy speculation of a rally as the SEC greenlit three XRP futures exchange-traded funds (ETFs) by ProShares.
XLM price targets $0.5 breakout as whales make big moves
The XLM price is among the biggest gainers of 2025, and its momentum is showing promising signs. Recently, Stellar secured third place in the RWA ecosystem, surpassing Solana with $475.73 million in total value locked. This shift in rankings suggests that Stellar is gaining substantial traction in the RWA tokenization space, setting the stage for a price breakout.
Ali Martinez’s technical perspective of Stellar supports this bullish tendency as he spotted an inverse head and shoulders pattern on the XLM chart.
Source: Ali Martinez on X
Conclusion
While XLM and XRP continue to make strides in the global payment sector, many see a gap that Remittix fills. Remmitix’s promise of improving crypto to fiat smoothly may help millions without bank accounts easily send and receive money.
As the market grows, Remmitix could show parabolic gains, proving its value as a revolutionary solution in digital finance.
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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- Ripple's XRP Has Gained 3% in the Last 24 Hours, Riding the Wave of Renewed Optimism in the Broader Cryptocurrency Market.
- May 08, 2025 at 11:10 pm
- XRP has successfully broken above a descending trendline, overcoming a key resistance level that had capped its upside since the end of April. This move signals a trend reversal and puts XRP in a favorable position for further gains.
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- Stripe Expands Into the Crypto Arena, Launching Support for USDC Stablecoin Payments
- May 08, 2025 at 11:05 pm
- Global payments giant Stripe has taken a bold leap into the crypto arena, officially launching support for USDC stablecoin payments through its newly introduced Stablecoin Financial Accounts.
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