In a class of altcoins called “Ethereum Killers,” Cardano (ADA) and Solana (SOL) are emerging as strong, fast-rising competitors to Ethereum. Following its recent technical upgrades and features, the Cardano blockchain has surpassed Ethereum in core developer activities. It has positively impacted sentiment within the ADA community and caused optimistic Cardano price predictions.
However, a new Payment Finance (PayFi) token called Remittix has been heating up the crypto market with its massive presale. It has raised over $14.7 million during its initial coin offering (ICO). So, early signs suggest RTX could outshine ADA and become the biggest altcoin of the year. Let’s find out why.
Remittix Presale Nears $15 Million Raise
The Remittix presale has been causing waves in the crypto market this year. It raised over $14.7 million in a few months. During this period, over 531 million RTX tokens have been sold. Moreover, a $15 million raise is now in sight for the project.
The major driver for the massive presale is investors’ interest in the PayFi token. It is fast emerging as a strong alternative to established payment tokens like Stellar (XLM), Ripple (XRP), and Bitcoin (BTC).
Also, the earliest investors in RTX have seen their capital surge by a decent percentage since the presale began. That’s because the Remittix price has been on a constant increase across its presale stages. It is rewarding those who backed the project early with short-term gains.
Furthermore, Remittix offers diverse use cases, including allowing crypto users to easily send crypto and have their recipients get paid in fiat directly into their bank accounts. With 30+ fiat currencies supported, traditional businesses can also create instant merchant accounts. Thus, they can receive crypto payments from clients abroad and cash out the funds in their local currencies.
These features set Remittix on a massive presale rally, which has caused it to be filling fast. It is also attracting crypto whales from the Ethereum, Solana, and Cardano communities.
Developer Growth Drives Cardano Price
According to recent data from CoinMarketCap, the developer code count on the Cardano network reached 329 in the past month. It surpassed Ethereum’s 197 and Solana’s 100 within the same period. Cardano’s increase in developer activity is largely due to its relatively stable architecture and strong developer incentives.
Consequently, the Cardano price has been positively impacted by the growing developer activities. In the last 30 days, the ADA price has increased by approximately 3%, reaching about $0.7. While some investors are optimistic that this could be the start of a big move in the ADA price, other Cardano community members are disappointed by the slow growth in the ADA price.
RTX Set to Outshine the Big Boys
While RTX investors are already seeing their investments rise over the months, the project is even more promising in the long term. With its exciting PayFi features, Remittix is positioned to outperform established altcoins like Solana and ADA, which rely more on developer activities.
Both retail and institutional crypto users can leverage the Remittix Pay API to facilitate smooth crypto-to-fiat transactions. That opens the project up to a massive number of users. Developers can also integrate the API into their applications to offer off-ramp payment services to their users. Ultimately, Remittix could rise to the top of the charts in terms of utility and price increase, with an anticipated growth of 1,000x or more in 2025.
Conclusion
While Cardano has moved up slightly in developer acquisition, the ADA price doesn’t offer as much promise as Remittix. That’s why investors looking for the next big altcoin should back Remittix early at $0.0757 per token before it explodes.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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