The crypto space has seen an unexpected downturn in the last few days. Among the casualties is Cardano, which has suffered major losses off the back of a monthly dip. Conversely, among the exceptions is Remittix (RTX), a new PayFi project that has seen major attention in its presale, raising over $10.8 million in a matter of weeks. Offering practical applications in the global payments sector, Remittix has been highlighted as a market disruptor for 2025. So will Cardano see a revival and how far could Remittix go this year?
Cardano Posts 30% Dip In 30 Days
Cardano has experienced monumental losses in the last month with a 29% decline on the whole and a 17% loss in the last week alone. Price movements aside, Cardano’s developer team continues to make strong progress. The recent Mithril upgrade brought a stake-based multi-signature scheme designed to boost Cardano’s network’s scalability and security. By providing certified snapshots of the blockchain state, Mithril aims to facilitate faster node synchronization and support applications like secure voting and data exchange.
Adding to the concerns, the broader cryptocurrency market has been affected by recent U.S. tariff announcements, leading to a significant Cardano sell-off on top of its general downturn over the last month.
Remittix Creates a New Era for Global Payments
For years, crypto has been touted as the future of finance but actually using it like real money? Still a nightmare. Bank restrictions, long processing times and unpredictable fees make it hard for the average person to spend or send crypto without hassle.
That’s where Remittix (RTX) is shaking things up. It’s a bridge between digital assets and traditional banking, allowing users to convert crypto into FIAT instantly and send it directly to global bank accounts.
So why are crypto transactions still a struggle? A freelance web designer in Nigeria gets paid in USDT, but converting it to local currency is a headache, slow exchanges, high fees and poor conversion rates. In this scenario, crypto should be the solution but if people can’t use it in the same way as cash, what’s the point?
That’s what Remittix (RTX) is fixing. It lets users convert over 40 cryptocurrencies into FIAT and send money directly to bank accounts worldwide with no hidden fees, no waiting days for transfers to clear, just instant, easy transactions.
It’s not just individuals who benefit from Remittix’s (RTX) payment solutions businesses are also integrating it to expand their revenue streams. The Remittix Pay API lets merchants accept crypto payments while automatically settling in FIAT. No volatility risk, no confusion with tax reporting, just smooth transactions.
For e-commerce sites, global service providers and gig economy platforms, this means lower processing fees, fewer restrictions and faster payments from international clients.
Remittix Closes In On $11 Million Raised
$RTX tokens are currently available for $0.0539, having seen more than $10.7 million in investment already. Analysts predict the token could rise 800% before the presale ends with a potential surge post-launch as adoption ramps up.
For those who want to get in early on one of the most exciting crypto projects of the decade, this market disruptor is not one to sleep on.
Discover the future of PayFi with Remittix by checking out their presale here:
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Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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