Polkadot and Cardano holders are increasingly looking beyond their native networks as a new utility-focused altcoin gains momentum. Remittix (RTX), a rising PayFi token, is designed for real-world payments, cross-border DeFi applications, and crypto-to-fiat transfers. With a Q3 wallet beta launch announced, investors are keen to gain early access.
Polkadot Latest News Shows Growing Institutional Support
Polkadot is trading around $3.78 as it undergoes a minor correction while holding critical support at $3.75. According to recent Polkadot latest news, the establishment of Polkadot Capital Group is aimed at enhancing capital markets access for institutional investors. This move aligns with growing demand for blockchain exposure from traditional finance.
source: TradingView
Price resistance sits at $5.09, combining the value area high with a local swing high. Should Polkadot reclaim this level, bullish momentum could return, potentially driving further gains. Analysts suggest that Polkadot’s integration with web3 services and institutional-grade solutions increases the likelihood of higher adoption. Despite the short-term pullback, smart money appears to be positioning for long-term growth in line with cross-chain DeFi trends and low gas fee crypto initiatives.
Cardano Updates Signal Strong Bullish Momentum
Cardano is currently trading at approximately $0.867. According to Cardano updates, ADA has climbed as much as 37% through August before a brief pullback. The key resistance to watch is $1, a level that has been a ceiling since December 2024. Analyst Clifton Fx notes that ADA is forming a bull flag pattern, indicating the market is pausing before a possible strong upward move.
source: @clifton_ideas on X
Technical targets suggest a potential rally to $1.25 on shorter time frames and up to $1.80 over the medium term. Cardano’s total value locked in DeFi protocols has surged 56% since July 1, reaching $423.6 million. Historically, increases in TVL have coincided with strong ADA rallies. This makes ADA holders attentive to emerging alternatives like Remittix, which offers real utility beyond speculative trading.
Why Remittix Is Capturing Attention
Unlike meme coins or purely speculative assets, Remittix is built for PayFi applications, providing fast and cost-effective cross-border payments. Its ecosystem supports 40+ cryptocurrencies and 30+ fiat currencies, with real-time FX conversion and mobile-first wallet functionality. It has raised over $20 million from the sale of over 609 million tokens sold at $0.0969 each. The token has also announced its first CEX listing on BitMart.
Key features of Remittix include:
- International access and direct crypto-to-bank exchanges to 30+ countries
- Audited security with CertiK verification
- Deflationary tokenomics for long-term growth
- Ideal for freelancers, remitters, and cross-border earners
- Momentum building ahead of wallet beta launch
These advantages make Remittix stand out as a top crypto under $1, a low gas fee crypto, and a strong candidate for next 100x crypto gains. There is a lot of market momentum as investors seek out crypto with genuine utility, DeFi products and staking opportunities as they have migrated into RTX.
Final Thoughts
Polkadot latest news and Cardano updates show growing demand for functional utility and DeFi solutions. While both DOT and ADA continue to see strong technical setups and institutional interest, Remittix is emerging as a breakout alternative. Its ability to combine PayFi functionality, staking, and cross-chain DeFi integration positions it as a key project to watch in 2025.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
