Cardano News has been keeping itself busy in August as ADA struggles to deal with price woes, along with declarations by creator Charles Hoskinson about the future plans of the blockchain. The token has faced selling pressures lately due to market volatility as well as investor reluctance.
Although ADA remains one of the calmer altcoins, newer projects like Remittix (RTX) are starting to become more popular by focusing on adoption and utility in the decentralized finance (DeFi) space.
ADA Struggles To Hold Support Levels
Cardano is trading at $0.8421, down 3.07% on the day. Its market cap is currently at $30.09 billion, with daily volume down by 36.4% to $1.77 billion. This retreat shows how ADA, being one of the top cryptos under $1 in its history, remains vulnerable to shifts in liquidity and sentiment.
Hoskinson has reiterated that Cardano is being built for adoption over the long run with developments aimed at scalability and interoperability. The current price drop, though, has investors debating ADA’s near-term fate. Cardano’s plight is the same as all Layer 1s: maintaining network growth while continuing to build out meaningful use cases.
Remittix’s Rapid Rise: What’s Behind It
While Cardano’s price action takes center stage, Remittix (RTX) quietly emerged as one of the best crypto presales of 2025. Already at $0.0987 per token, Remittix has exceeded $21.5 million in funds raised, selling more than 621 million tokens. Achieving the $20 million mark also saw its first centralized exchange listing on BitMart, creating additional liquidity and global access for new buyers.
Remittix is a DeFi cross-chain project designed to solve real-life payment problems. Unlike hype-driven low-cap crypto gems, RTX is building infrastructure for low gas fees, fast cryptocurrency transactions, and instant transfers from crypto to bank. The team has promised us that its beta wallet will be launched in Q3 2025, supporting 40+ cryptocurrencies and 30+ fiat currencies.
Some of the key features are:
- Crypto-to-bank transfers in minutes
- Transparent FX conversion using live rates
- 40+ crypto and 30+ fiat support
- $250,000 Remittix Giveaway to fuel community expansion
Cardano News vs. Utility-Driven Adoption
The contrast between Cardano News and Remittix presale brings to light two opposing sides of crypto development. ADA is grappling with price volatility as it creates upgrades that may make its ecosystem stronger in the long term. Remittix, on the contrary, is entering the market with a clear mission: enabling seamless cross-border payments via a low gas fee crypto project geared towards real adoption.
For investors looking at early-stage crypto investment opportunities, projects like RTX are the next altcoin 2025 with practical applications in the real world. While Cardano settles into balance in the face of market problems and future plans, Remittix is becoming one of the best DeFi projects of 2025, focused on adoption-driven development.
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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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
