Cardano (ADA) famously went from rags to riches in the 2020-2021 bull run, climbing to a record $3.10 and creating chaos in the wider market. Though Cardano (ADA) has fallen to lower levels over the years, another altcoin has been highlighted as having the same trajectory as Cardano (ADA) did all that time ago. Remittix (RTX) is quickly climbing the crypto ranks with its powerful offering in the PayFi space. It takes a pragmatic approach to solving issues within the cross-border payments industry, reducing costs and delays for users. So why is Remittix seeing so much attention during its presale and how is Cardano doing now?

Cardano (ADA) Drops More Than 5% In 24 Hours

Over the last week, Cardano (ADA) soared, posting a net over 12% gain but things have now taken a turn for the worse and in the last 24 hours its price dropped more than 5%. Cardano now has a market cap of less than $38 billion and its lively 24-hour trading volume suggests sell offs. Looking for silver linings, one thing that Cardano (ADA) has going for it is that very few of its holders own huge amounts of the cryptocurrency. On-chain analytics show that 8.48% of Cardano’s holders are whales, while holders of regular quantities represent 91.52% of addresses. This is a positive because it means there is less likelihood of the volatility that comes with major whale sell offs.

Setting a New Standard for Cross-Border Payments

Remittix (RTX) is drawing attention from investors worldwide as it sets out to shake up the prosperous $190 trillion cross-border payments industry. Its advanced PayFi solution enables smooth conversions of more than 40 cryptocurrencies into fiat, while sending transfers across the globe.

Long processing times, hidden costs and limited accessibility have long been tender pain points for individuals and businesses needing access to cross border payments. Remittix eliminates these, offering both speed and affordability.

Promoting Access to Cryptocurrencies

Remittix (RTX) also empowers businesses with tools to accept cryptocurrency payments. The Remittix Pay API enables companies to receive digital asset payments and settle them in fiat, bridging the gap between the crypto and traditional financial worlds.

Freelancers, online retailers and businesses looking to diversify their payment options without delving deep into cryptocurrency markets are particularly drawn to this feature. By combining crypto acceptance with fiat settlement, Remittix offers a practical, scalable solution for businesses operating across borders.

Strong Emphasis on Privacy and Security

In today’s digital landscape, privacy and security are more important than ever. Remittix stands out by ensuring that all transactions are processed discreetly. Payments arrive as standard bank transfers, leaving no trace of their cryptocurrency origins.

This confidentiality gives both individuals and businesses peace of mind, making Remittix a trusted platform for financial transactions.

Global Financial Inclusion

A cornerstone of Remittix’s mission is to extend financial opportunities to underbanked regions. While many enjoy reliable financial systems, countless areas worldwide lack the infrastructure needed to compete on a global scale.

Remittix is accessible 24/7, escaping the usual limitations of traditional banking networks and removing barriers for underserved populations. This complements the platform’s vision of democratizing cross-border payments and advancing financial inclusion worldwide.

Remittix Achieves Over $3.4 Million Raised in Presale

The $RTX token, central to the Remittix ecosystem, powers staking, platform rewards and governance. Currently priced at $0.0221, RTX has raised over $3.7 million in its presale and continues to gain traction.

Market analysts project an 800% price increase by the end of the presale and a potential 5,000% surge post launch, driven by Remittix’s innovative solutions in cross-border payments.

With its focus on resolving inefficiencies in a lucrative market, Remittix (RTX) is well positioned to dominate the PayFi sector in 2025.

Discover the future of PayFi with Remittix by checking out their presale here:

• Website: https://remittix.io/
• Socials: https://linktr.ee/remittix