Cardano price action went from trading at around the $0.65 range to a peak to surge to $0.84 in the past 24 hours of press time, recording a sensational 29% gain in the past month. The Cardano price pump came off the heels of whales snapping up over 40 million ADA tokens in the past couple of days, which had Cardano prices trending back towards the critical psychological level of $1.
However, despite the renewed efforts of whales to pump Cardano prices, the smart money is looking elsewhere for better ROIs. One of those is the newly-launched PayFi protocol Remittix (RTX), whose pump potential has analysts believing it could outperform Cardano in 2025.
Remittix primed for a major pump this year? Analysts believe so
Cardano prices trending towards $1 is remarkable news, but the smart money is flowing into newer protocols with a much higher upside to pump than ADA. And why not? Exponential growth is always found in undervalued, early-stage projects with the team, fundamentals and value proposition to pump, just like Cardano once was when it first emerged.
Remittix is targeting the $100T cross-border payments industry by launching a disruptive, advanced PayFi gateway enabling crypto-to-fiat payments to almost any bank account in the world. The best part? It only charges a 1% flat fee and 0% charges on foreign exchange conversions.
Analysts believe that if Remittix can draw even just a fraction of cross-border inflows, which it has a good chance of doing, it could translate to an epic run for its native token RTX. Currently available at just $0.0757, RTX offers significantly higher upside for a parabolic pump than Cardano does at this point in time. Coupled with up to 18% APY in staking rewards, a BlockSAFU audit under its belt and its presale already nearing $15M, Remittix is trending up.
🔥 DON’T MISS OUT 🔥 REMITTIX ($RTX) 🔥 The Future of Cross-Border Payments with Crypto!
Cardano price en route to $1 after spike in whale transactions
Cardano is in bullish territory with analysts pegging the Layer-1 protocol to be in the running to retest $1 imminently. As of press time, Cardano prices have pumped by almost 20% in the past week, with whale transactions pumping ADA from $0.66 to $0.84 until settling at $0.82.
According to on-chain statistics, this major accumulation from whales occurred simultaneously during the pump. The spike in whale transactions is indicative of rising demand for ADA.
While Cardano prices appear to have settled, ADA could potentially have a clear path at $1 if it manages to hold the line at $0.80. If Cardano slips below $0.75, this could derail the breakout and have ADA trading sideways at the $0.70 to $0.74 range much as it did in the weeks prior to this run. Can Cardano prices run up to $3 in 2025? That’s very much in the frame, but it all depends on how well ADA performs at support levels in the future.
Cardano prices are sailing towards $1. Source: CoinMarketCap
The case for Remittix over Cardano
Cardano is in a strong position for a 3x to 4x run from current levels, or as much as $3, as some analysts may be targeting. However, that’s a comparatively lower upside than what Remittix has to offer as a low-cap blue chip with a disruptive value proposition to offer. No one is expecting Cardano to go on a 100x run, since it has already been heavily pumped. It would take unrealistic amounts of capital to pump ADA by 100x, whereas Remittix just needs a drop of the trillion-dollar cross-border inflows to pump RTX by 100x and beyond.
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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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
