Cardano (ADA) Price to $5? Why RTX Could Still Outperform It With a 7,000% Forecast

The latest Cardano price action is dominating the discussions as talks of a rally towards $5 instigate interest from smart money traders. This bold prediction is fueled by rising on-chain metrics and ecosystem progress.

Similarly, the crypto spotlight is shining on a fast-rising PayFi market-leading contender called Remittix (RTX). With this new project gathering almost $15 million before launch, industrial experts are backing it to surpass the latest Cardano price predictions.

Remittix attracts interest in PayFi as investors anticipate a 7,000% surge

Source: Remittix

As opposed to Cardano’s academically focused Blockchain, the Remittix crypto platform is built around everyday PayFi utility. Its fundamental objective is to eliminate the remittance issues haunting freelancers, families, and businesses troubled by huge fees and delays.

With its fintech platform, Remittix allows international fiat currency transfers using advanced payment systems. The project connects digital assets with local currencies, allowing smooth transactions between crypto and fiat. This real-world utility sees Remittix rival other remittance bodies like Stripe and Wise and poach a segment of its user base.

Remittix also provides a Pay API that allows businesses to collect cryptocurrency payments and transfer them directly into any bank account worldwide. Companies that utilize this feature get access to a merchant account, which allows them to manage cryptocurrency withdrawals while accessing over 50 crypto pairings and 30 fiat currencies.

---

---

The native RTX token, which powers the Remittix platform, is selling at a discount of $0.0757 due to its presale window. Investors have contributed over $14.7 million by purchasing over 532 million tokens within days of its launch. Based on an advanced Remittix price prediction and other expert opinions, RTX has the potential to churn 7,000% if it maintains this momentum.

Cardano price builds bullish $5 case amid $4.46 Million Short Liquidation Risk

As the latest recovery in the Cardano price gains momentum, the bulls have reclaimed the recently lost $0.67 accumulation zone. This high-volume zone had provided strong support for Cardano in late April. However, the recent breakout signals a V-shaped reversal in the ADA price trend, as well as a falling wedge breakout towards $5 as per Chart analyst Albert Brown.

Source: Trading View

Meanwhile, the Cardano ecosystem continues to face slight hurdles. Input Output exec Tim Harrison acknowledged Cardano’s “marketing problem,” citing the network’s underappreciated foundation despite real progress. On a more positive front, the Lace wallet made its official debut on Mozilla Firefox, accompanied by Bitcoin beta integration and a growing multichain roadmap.

Excitement surrounding the Ouroboros Leios upgrade is also sustaining ADA’s momentum as the famous blockchain network Cardano plans to launch an AI testnet. Charles Hoskinson posted in May that the upcoming testnet will run the protocol at the fastest possible speeds.

These developments had sparked growing optimism among Cardano investors. However, the potential surge in ADA’s price could result in massive short liquidations amounting to $4.46 million. This includes $427K from Binance, $232K from OKX, and $514K from Bybit.

Conclusion

While the $5 Cardano price prediction remains speculative, the PayFi solutions Remittix offers provide a high-growth investment opportunity for investors. Market participants must seize this opportunity to shift their investments from speculative coins to a Defi coin that is building solutions for businesses and individuals.

Time is sailing fast, and prices will soon skyrocket. Join now before the expected exchange listing effect sets in.

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

Website: https://remittix.io/

Socials: https://linktr.ee/remittix