If you’re wondering what’s going on with XRP currently, it recently dropped 3.46% in 24 hours, sliding from around $3.01 to $2.91 amid a wave of profit-taking following its new U.S. ETF debut, which brought heavy volume.
That debut was notable: the REX-Osprey XRPR ETF launched with roughly $37.7 million in opening volume. But many traders view it as a “tepid start”; intense, but not explosive.
On the regulatory front, the SEC has just finalized new listing rules that make it easier for spot crypto ETFs (including XRP) to list on exchanges such as the NYSE, Nasdaq, and Cboe. This is a structural win for XRP’s ETF hopes.
Yet, while all these updates are ongoing with XRP, a new presale project, Remittix (RTX), is shaking up the PayFi space. Even though XRP news reads that analysts are now speculating, especially with growing ETF exposure and institutional flow, that XRP could go bullish, many crypto holders are quickly filling up their bags with RTX as they are optimistic it could push toward $5 by year’s end, that is, if demand holds strong.
ETF Update: The XRPR Story So Far
The XRPR ETF doesn’t perfectly mirror holding XRP directly; there are fees, premiums/discounts, and fund mechanics to account for. Though the launch volume was significant, it didn’t immediately break XRP out of resistance. Many investors are waiting to see sustained inflows over weeks, not just a single opening burst.
The regulatory environment is gradually tilting in favor of crypto ETFs. The new SEC standards shorten approval timelines (from 240 days down to 75) for qualifying products. That could expedite more ETFs that include XRP.
Why Many Crypto Holders Are Eyeing Remittix Right Now
While XRP is making headlines, many investors are diversifying into Remittix for its early-stage leverage and utility potential. Here’s what’s drawing attention:
- Remittix has raised over $26.4 million, with more than 669 million RTX tokens sold to date.
- Remittix launched its Web3 wallet beta on the Ethereum and Solana networks. This isn’t just a promise; functional testing is already underway.
- Remittix has been audited by CertiK and is ranked #1 among pre-launch tokens on CertiK Skynet.
- Confirmed listings on BitMart and LBank, with more exchange exposure expected.
- 15% USDT referral rewards and a $250,000 giveaway are live.
- Unlike many speculative tokens, Remittix is building infrastructure to enable users to send cryptocurrency directly into bank accounts across 30+ countries, with real-time foreign exchange conversion.
Conclusion
Some analysts are already referring to Remittix as “XRP 2.0,” citing its utility and early momentum. It’s topping pre-launch lists, gaining visibility among infrastructure plays, and it’s a project you can feel confident about.
Remittix is actively positioning itself to challenge both XRP and ADA in the remittance/payments infrastructure. With its offering of 0% FX fees in some scenarios and its focus on mass usability, it’s a project that’s sure to pique your interest.
Discover the future of PayFi with Remittix by checking out the 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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Maisie is an experienced Crypto & Financial news journalist, having written for Moneycheck.com, Blockonomi.com, Computing.net and is Editor in Chief at Blockfresh.com
