The Cardano price has faced persistent pressure this week as bears keep control of the market. Traders are now exploring new opportunities, and Remittix (RTX) is capturing that shift in sentiment. Having raised over $27.7 million through the sale of 681 million tokens at $0.1166 each, Remittix is drawing attention from investors seeking growth and real utility. As ADA struggles with technical headwinds, Remittix’s steady rise positions it among the best crypto projects of 2025, offering low gas fees, real-world adoption, and cross-chain DeFi innovation.
Cardano Price Struggles As Bears Dominate The Market
Source: TradingView
The Cardano price was a reversal of the 20-day EMA at the price of $0.68, which indicates that the sentiment is still weak. Bears are pressing to fall below the support zone of $0.59, which would take ADA to the major level of $0.50 – a critical line that buyers would be eager to protect. ADA is trading at around $0.642 currently after it has been unable to recover higher resistance levels, although the chart predicts the possibility of a slight recovery in case ADA manages to maintain the levels at $0.635, according to an analyst, Anasta Maverick.
This cautious tone is facilitated by on-chain data. Whales sold their 100 million ADA in 72 hours, and this is how the volatility in the short term was generated, according to analyst Ali Martinez. A drop below the $0.59 mark would mean that further losses might be experienced by Cardano, although a bounce back above 0.68 will help restore momentum and aim at 0.75.
Although there is bearish news, the Leios upgrade that is coming remains interesting to developers as it will provide higher throughput and scalability up to 10,000 transactions per second. However, traders are seen to be swirling into tokens that have a better near-term performance.
Remittix Gains Traction As Traders Seek Real Utility
While the Cardano price battles resistance, Remittix is becoming a breakout story in the PayFi and DeFi sector. Built to connect crypto and traditional finance, it allows users to send crypto directly to bank accounts in over 30 countries. With a working wallet beta, verified security, and a rapidly expanding community, Remittix offers both utility and accessibility that investors now crave.
Here’s why Remittix continues to attract trader attention:
- $27.7M+ raised and over 681M tokens sold, showing strong investor confidence
- It is ranked the #1 Pre-Launch token on CertiK Skynet, boosting investor trust and legitimacy.
- Wallet beta live, enabling instant crypto-to-bank transfers globally
- Business API partnerships, integrating PayFi solutions for merchants
- BitMart and LBank centralized exchange listings are confirmed, with additional top-tier listings in the queue.
From ADA’s Decline To RTX’s Rise
The Cardano price may still recover if bullish catalysts return, but for now, traders are clearly diversifying into projects with active adoption and momentum. Remittix stands out as one of the top crypto under $1 to watch this quarter, bridging DeFi with real-world payments. As ADA consolidates and market sentiment shifts, RTX’s blend of innovation, low gas fee crypto transfers, and rapid ecosystem growth could make it the surprise performer of 2025.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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