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Home»Business»Cardano Price Set For Further Slumps As Onchain Data Shows Whales Rotating Into Viral Altcoin Remittix
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Cardano Price Set For Further Slumps As Onchain Data Shows Whales Rotating Into Viral Altcoin Remittix

Thurgood MashianeBy Thurgood Mashiane2025-08-26No Comments3 Mins Read
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The crypto market is showing big shifts, and Remittix is quickly standing out as investors look for the next high-growth opportunity. While Cardano price is showing signs of weakness, whales are now moving large sums into Remittix, which has already raised over $21.4 million with more than 620 million tokens sold at $0.0987 each. This rotation highlights a changing narrative where newer PayFi altcoins could outperform traditional layer-1 projects.

Cardano Price Struggles Despite ETF Buzz​​

Source: CW8900

Cardano price is trapped inside a symmetrical triangle pattern, with support holding near $0.88 and resistance capping gains just under $0.95. Analyst William pointed out that this kind of structure often signals an upcoming breakout, but current momentum leans bearish. ADA price trades close to $0.94, struggling to break past $0.97–$1.00 resistance, even with improved liquidity.

The concern for traders is that if Cardano price loses its $0.88–$0.90 support zone, it could slide toward $0.80 or even lower. While fundamentals such as Grayscale’s Spot ETF filing have boosted sentiment, on-chain whale data suggests capital is being pulled away from ADA and rotated into newer projects. This raises questions about whether ADA’s long consolidation will give way to further downside.

Remittix Sees Whale Accumulation And Rapid Growth

Remittix is not just trending, it is pulling liquidity from older networks as whales take positions ahead of key announcements. With its unique PayFi focus, the project allows instant transfers across 30+ countries, bridging the gap between crypto and real-world banking systems. Momentum is building as Remittix prepares to announce its second major CEX listing once it hits $22 million raised.

Here’s why Remittix is drawing traders’ attention:

  • Over $21.4M raised, showing one of the fastest-growing funding rounds in 2025.

  • Second exchange listing reveal is approaching, boosting anticipation for wider access.

  • Global payments utility with support for multiple fiat and crypto pairs.

  • Staking rewards model gives holders passive income potential.

  • Institutional demand increases as whales switch funds out of ADA and other majors.

Closing Thoughts

Cardano price is in technical squeeze, and it risks falling further in case of support loss. Meanwhile, Remittix is attracting whale interest, and it indicates that the whales have already started to rotate toward projects with the potential to have real-life application and high funding potential. As the market evolves, Remittix looks positioned to outperform, potentially leaving Cardano holders wondering if they missed the bigger opportunity.

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

 

Altcoin Remittix Cardano
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Thurgood Mashiane

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