Remittix (RTX) Gains Attention as an Innovative New DeFi Project Aiming to Revolutionize the Cross-Border Payments Market

Cardano (ADA) has been experiencing some turbulence recently, as its price dropped nearly 30% in the past month alone. This movement has left investors in the dark

Cardano (ADA) has been experiencing some turbulence recently, as its price dropped nearly 30% in the past month alone. This movement has left investors in the dark about whether to buy it now or another project with more upside potential.

As key updates are still to come for this crypto coin this cycle, keeping an eye on ADA does not seem like a bad idea. However, those who want to find other exciting projects have been focusing on one. This is Remittix (RTX) – a presale star that aims to revolutionize the cross-border payments market.

Since FXC Intelligence predicts this market will be worth $320T by 2032, Remittix is strategically positioning itself to capitalize on its growth. Some investors are turning to this DeFi crypto as it may have higher upside potential than ADA.

Cardano (ADA) Set To Release New Updates, But Price Remains Volatile

Cardano (ADA) is one of the top 10 altcoins, but it has been showing red price charts recently. CoinMarketCap data shows that the price of Cardano fell from around $0.90 to nearly $0.60 in the past 30 days—nearly a 30% drop in just a few short weeks.

However, one market expert, CryptoBullet, is optimistic about the future growth of the Cardano coin. According to a recent X post, the correction for ADA has now been completed. His Cardano price prediction forecasts a potential price jump to $1.8.

The technical analysis for Cardano (ADA) also shows some bullish signs. For example, TradingView data points to its CCI crossing below -100 and now at -127, a buy signal showing a bullish divergence.

Recently, there was even some exciting Cardano news, as Nate Geraci announced that the SEC has acknowledged NYSE’s 19b-4 filing to list the Grayscale Cardano ETF. Although this is a beginning step, it is still bullish.

Moreover, Charles Hoskinson made headlines thanks to a recent interview. In this YouTube video, Hoskinson said that Cardano is working on integrating with Bitcoin as a DeFi layer. Thus, Cardano could be one of the altcoins to watch this year.

Remittrix (RTX) Gains Attention As An Innovative New DeFi Project

Remitrix (RTX) is also gaining attention in the crypto market. This is because Remitrix aims to disrupt the growing cross-border payments market by launching a crypto-to-fiat platform that will allow users to move funds seamlessly between major crypto coins and fiat currencies, such as USD, EUR, YEN, and others. Afterward, these funds can be credited to any global bank account.

This will make it possible for even those in underbanked or unbanked regions to perform cross-border payments. With over 5.6M unbanked households in the US alone, according to an FDIC report, Remitrix could become a fan-favorite for millions.

Its upcoming presale has raised over $13M and is on track to potentially hit $20M by the end of March. During this crypto ICO event, users can buy RTX to get governance voting rights and more. It now costs only $0.0671, a 350% rise from its starting price of $0.0150. However, this DeFi coin price will rise to $0.0694 after the next block of tokens launches—but this growth will pale in comparison to what RTX may reach after a Tier-1 CEX lists it.

What Factors Give Remitrix (RTX) A Potential Advantage Over Cardano (ADA)?

Although Cardano (ADA) might have offered a better-buying opportunity after the price drop, competition from Remitrix (RTX) is undeniable. This DeFi crypto could experience better long-term growth potential and stability as it will be tied to the thriving cross-border payments market.

Also, RTX is a newer project with the advantage of a smaller market cap than ADA. Therefore, this DeFi crypto will need less money for a noteworthy price pump.

As a result, many investors are turning to RTX since it could be the best crypto investment for swift returns.