Ether followed suit in Bitcoin’s slip, dropping to $3,616 before stabilizing near $3,690. Alts like SOL and Ripple’s XRP fell 6% each, with Solana price retreating to $162 and XRP price below $3, while tokens like Fartcoin and Pump.fun saw even steeper intraday corrections. This sloppy start to August was triggered by macro factors, but historical patterns suggest smart money will once again rotate toward new cryptos with robust utility.
Talking about low-capped projects with huge market size and potential, there is a new PayFi protocol by the name of Remittix. This project is attracting a flock of savvy investors as it looks to close on a $190T market and revolutionize how cross-border payments are made.
What’s more is that Remittx’s infrastructure is up and running and has a Beta wallet launch just around the corner. Let’s find out more about this potential 100x crypto gem and what’s next for Solana price action and XRP price dynamics.
Caution Ahead for XRP Price?
Ripple’s XRP has had a turbulent start to August. XRP price peaked as high as $3.66 last month, but investor sentiment took a hit as the tariff shock rattled broader markets; not the start crypto natives were looking forward to. Since then, XRP price has now shed over 15% of its value, and causing more worry for traders, is the sharp drop in on-chain activity.
Source: X
Sentiment is shifting bearish, and several market indicators are flashing red. XRP lost over $2.4 billion in open interest, signaling reduced trader confidence. XRP price is currently holding above around $3.01, and analysts warn we could see a fast drop toward $2.40 or below, should the asset slip past $2.60 in the first week of August.
Solana Price: Strong Fundamentals, But Sentiment Fades
Similar to XRP’s bullish narrative, July was a month to remember for Solana. SOL saw a surge in network activity and growing ETF anticipation. Solana price pushed past $180 at one point, but the recent macro headwinds have abruptly brought things to a halt.
As of today, Solana price is down 6%, hovering near $166. Investors are eyeing whether SOL can recover above $170 in the coming days, or if broader uncertainty will drive further declines. The fundamentals are there, but for now, capital seems to be rotating elsewhere.
Remittix (RTX): A Low-Capped Crypto With Huge Market Potential
Remittix is a blockchain-based PayFi protocol designed to fix the inefficiencies of cross-border payments. It allows users to send crypto directly to bank accounts in over 30 fiat currencies with instant settlement, zero transfer costs, and no intermediaries.
Besides, the Beta launch of its mobile wallet is on its way; this will feature real-time FX conversions and full integration with Remittix’s payment rails. Other reasons retail activity has increased around RTX are:
- The protocol’s rails are already live, ready to power real transaction volume.
- Remitix will support 40+ cryptocurrencies and 30+ fiat currencies out of the gate, implying there will be immediate adoption on a global scale.
- On top of that, Remittix is currently running a $250,000 giveaway.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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