Cardano and Chainlink are both stuck in sideways trends this month, with their price actions failing to inspire breakout confidence. While technical indicators and whale movements weigh down on both assets, analysts are turning their attention to high-utility altcoins in the PayFi space. Among them, Remittix (RTX) is gaining traction as a potential top gainer.
Cardano whales unload ADA as ETF optimism lingers
Cardano is trading around $0.828 after falling sharply earlier this week. The drop followed a whale selloff of over 50 million ADA, which triggered a 4.35% price decline from $0.84. This unloading involved large wallets holding between 1 million and 10 million tokens, according to data from Santiment shared by Ali Martinez.
Despite the fall, ADA has recovered modestly over the past 24 hours, coming back to around $0.8304. However, the $0.84 resistance is still in place, and there have been multiple rejections seen in intraday charts. The bulls require a successful breakout above here to revive bullish momentum.
Chainlink Slides Under Resistance Despite Strong Fundamentals
Chainlink is currently priced at $22.17 after failing to hold above the $23 level. The breakdown came after a strong rejection at $24.85, which triggered algorithmic selling and stop-loss cascades. Despite the price drop, LINK fundamentals remain solid. The Chainlink Reserve recently acquired 43,937 more LINK tokens, and the project secured a new data integration with the U.S. Bureau of Economic Analysis to power macroeconomic data feeds.
On the technical side, indicators remain bearish. The MACD histogram sits at -0.49, while LINK trades below its 30-day simple moving average. The 38.2% Fibonacci retracement at $23.48 is now acting as resistance, and price is compressing along the lower Bollinger Band, a setup that often precedes volatile breakouts.
Remittix Is a PayFi altcoin with Breakout Potential
While Cardano and Chainlink wrestle with tight trading ranges, Remittix is gaining momentum thanks to its real-world utility and rapid growth metrics. Positioned as a PayFi solution bridging crypto-to-bank transfers globally, Remittix offers a fundamentally different value proposition that is now attracting attention from analysts and investors alike.
Remittix has raised over $24.4 million, sold over 650 million tokens, and is currently priced at $0.1050. The BitMart listing was secured after the $20 million milestone, followed by an LBANK listing after reaching $22 million. Some key features of Remittix include:
- Designed to fix a $19 trillion global payments bottleneck, Remittix allows users to send crypto that arrives as fiat in bank accounts worldwide.
- Audited by CertiK for transparency and security, the project meets high compliance and trust standards.
- Built with infrastructure-first principles, Remittix focuses on real utility, not just speculation or meme culture.
- Exchange momentum is building fast, with multiple listings already confirmed and a third in preparation.
- Token design supports long-term demand, with capped supply and growing user adoption ahead of wallet release.
Conclusion
Cardano and Chainlink are showing signs of stagnation in the short term despite strong ecosystem developments. Whale selloffs, resistance failures, and defensive sentiment continue to weigh on both. Meanwhile, Remittix is rapidly gaining traction in the PayFi space, with clear product milestones and growing market exposure.
As traders look for the next high-ROI altcoin, Remittix offers a utility-first option backed by momentum, listings, and real adoption, making it one of the few tokens with true breakout potential this month.
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
