Close Menu
maincoin.money
    What's Hot

    Grok and DeepSeek Outperform ChatGPT and Gemini in Cryptocurrency Trading

    October 20, 2025

    Saylor’s Approach Acquires 168 Bitcoin in the Week Following the Crash

    October 20, 2025

    Upcoming Altcoins to Monitor This Week Amid Three Major Events

    October 20, 2025
    Facebook X (Twitter) Instagram
    maincoin.money
    • Home
    • Altcoins
    • Markets
    • Bitcoin
    • Blockchain
    • DeFi
    • Ethereum
    • NFTs
      • Regulation
    Facebook X (Twitter) Instagram
    maincoin.money
    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
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    1755969028
    Share
    Facebook Twitter LinkedIn Pinterest Email

    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.


    Share this article

    Categories

    Tags

    Competing emerges Encounters Payment Remittix Resistance strong Token XRP
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Avatar photo
    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.

      Related Posts

      Grok and DeepSeek Outperform ChatGPT and Gemini in Cryptocurrency Trading

      October 20, 2025

      HumidiFi Emerges as Solana’s Top DEX Amidst $1.1B in Trading Volume

      October 20, 2025

      DefiLlama Reintroduces Aster Following a Data Accuracy Controversy

      October 20, 2025
      DeFi

      Grok and DeepSeek Outperform ChatGPT and Gemini in Cryptocurrency Trading

      By Ethan CarterOctober 20, 20250

      Grok and DeepSeek surpassed other leading artificial intelligence chatbots in cryptocurrency trading by accurately timing…

      Regulation

      Saylor’s Approach Acquires 168 Bitcoin in the Week Following the Crash

      By Ethan CarterOctober 20, 20250

      Michael Saylor’s Strategy, the largest public holder of Bitcoin globally, increased its BTC reserves last…

      Markets

      Upcoming Altcoins to Monitor This Week Amid Three Major Events

      By Ethan CarterOctober 20, 20250

      The cryptocurrency market is gearing up for a pivotal week, making it essential for altcoin…

      Ethereum

      Grok and DeepSeek Outperform ChatGPT and Gemini in Cryptocurrency Trading

      By Ethan CarterOctober 20, 20250

      Grok and DeepSeek surpassed other leading artificial intelligence (AI) chatbots in cryptocurrency trading, successfully timing…

      Recent Posts
      • Grok and DeepSeek Outperform ChatGPT and Gemini in Cryptocurrency Trading
      • Saylor’s Approach Acquires 168 Bitcoin in the Week Following the Crash
      • Upcoming Altcoins to Monitor This Week Amid Three Major Events
      • Grok and DeepSeek Outperform ChatGPT and Gemini in Cryptocurrency Trading
      • Crypto ETP Traders Remain Steady Amid $668M in Post-Crash Withdrawals

      At MainCoin.Money, we cover everything from Bitcoin and Ethereum to the latest trends in Altcoins, DeFi, NFTs, blockchain technology, market movements, and global crypto regulations.

      Whether you’re a seasoned investor, a blockchain developer, or just curious about digital assets, our mission is to make crypto news accessible and reliable for everyone.

      Facebook X (Twitter) Instagram Pinterest YouTube
      Top Insights

      Grok and DeepSeek Outperform ChatGPT and Gemini in Cryptocurrency Trading

      October 20, 2025

      Saylor’s Approach Acquires 168 Bitcoin in the Week Following the Crash

      October 20, 2025

      Upcoming Altcoins to Monitor This Week Amid Three Major Events

      October 20, 2025
      Get Informed

      Subscribe to Updates

      Get the latest creative news from FooBar about art, design and business.

      Facebook X (Twitter) Instagram Pinterest
      • About Us
      • Contact us
      • Privacy Policy
      • Disclaimer
      • Terms and Conditions
      © 2025 maincoin.money. All rights reserved.

      Type above and press Enter to search. Press Esc to cancel.