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    Home»Ethereum»XRP Encounters Strong Resistance Under $3 as Remittix Emerges as a Competing Payment Token
    Ethereum

    XRP Encounters Strong Resistance Under $3 as Remittix Emerges as a Competing Payment Token

    Ethan CarterBy Ethan CarterAugust 23, 2025No Comments3 Mins Read
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    XRP Remittix

    • XRP remains below $3 as the Federal Reserve maintains a hawkish stance, resulting in $300M in profit-taking since midweek.
    • Remittix presale surpasses $20.7M; wallet beta supports over 40 cryptocurrencies and more than 30 fiat currencies.
    • Investors are redirecting their attention to Remittix for real-world PayFi applications and scalable international transactions.

    Under pressure, XRP trades beneath the $3 threshold as hawkish signals from the Federal Reserve create caution among investors.

    Profit-taking has surged, with over $300 million realized since midweek, indicating a possible slowdown in XRP’s near-term momentum.


    en

    Meanwhile, Remittix (RTX) is gradually gaining traction as a utility-focused payment token, presenting investors with a real-world alternative to XRP’s remittance-oriented network.

    RTX biggest opportunity

    XRP profit-taking pressure indicates market uncertainty

    XRP’s recent recovery efforts were disrupted by a resurgence of market caution, driven by high inflation data and hawkish FOMC minutes.

    Data from Santiment indicates a notable increase in realized profits, revealing that both long-term and short-term holders are liquidating positions.

    Exchange flow data supports this observation, with Coinglass reporting net inflows to exchanges hitting $76.8 million, the highest since July 19.

    An influx of this magnitude typically correlates with selling pressure, suggesting XRP’s bullish moves may remain restricted until macroeconomic conditions improve.

    XRP chart

    Remittix rises as a viable payment token alternative

    Having successfully raised over $20.7 million and sold 614 million tokens, the Remittix is currently priced at $0.0969 per token, indicating strong investor confidence.

    Future of cross border payment

    Why Remittix is distinguished

    • Global Payment Focus: Created for cross-border crypto settlements
    • Upcoming Wallet Beta Launch: Supporting over 40 cryptos and 30 fiat currencies
    • Interest from Both Institutional & Retail Investors: Rapid traction among early adopters
    • Second CEX Reveal at $22M: Enhancing liquidity and market visibility
    • Scalable Infrastructure: Designed for mass-market adoption beyond speculation

    The momentum of the project is gaining pace, with practical utility and institutional interest allowing Remittix to outshine XRP.

    Its infrastructure facilitates swift, secure cross-border payments, increasingly attractive to investors looking for more than mere speculative returns.

    XRP resistance creates opportunities for alternative growth

    With XRP constrained below $3 and risk aversion prevailing in the spot markets, investors are on the lookout for tokens that merge utility with adoption potential.

    Remittix emerges as an appealing option, offering both practical application and strong growth possibilities.

    As XRP faces macro-driven challenges, Remittix’s payment-centric model positions it as a rising force in crypto remittance and DeFi, making it a prime choice for investors seeking practical solutions in 2025.

    Uncover the future of PayFi with Remittix by exploring their project here:

    Website: https://remittix.io/

    Socials: https://linktr.ee/remittix

    $250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

    This article is authored by a third party, and CoinJournal does not endorse or take responsibility for its content, accuracy, quality, advertisements, products, or materials. Readers should independently research and exercise due diligence before making decisions related to the mentioned company.


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    Ethan Carter

      Ethan is a seasoned cryptocurrency writer with extensive experience contributing to leading U.S.-based blockchain and fintech publications. His work blends in-depth market analysis with accessible explanations, making complex crypto topics understandable for a broad audience. Over the years, he has covered Bitcoin, Ethereum, DeFi, NFTs, and emerging blockchain trends, always with a focus on accuracy and insight. Ethan's articles have appeared on major crypto portals, where his expertise in market trends and investment strategies has earned him a loyal readership.

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