XRP Rival Emerges: Could This Emerging Crypto Have More Impact Over How We Move Money?

As Ripple’s XRP keeps crushing it — and with the regulations possibly easing up—the competition’s starting to gain on their playbook big time. When it was launched in 2012, Ripple entered the picture with a fragmented and somewhat inefficient cross-border payment system. Ripple solved the riddle by offering a modern take on cross-border payments—one that’s based on the blockchain and crypto, specifically XRP. However, recent macroeconomic developments and the fast-changing market sentiment have worked against Ripple’s XRP. After posting a 250% gain in 2024, the XRP price is back on the drawing board and currently trading in a range between $2.30 and $2.45 this week. As Ripple’s XRP struggles to break out, with no major catalyst in sight, other cryptos are stepping up. Remittix , a crypto in presale, is currently on the radar among traders and investors who also followed Ripple’s mission to improve cross-border payments. Remittix: XRP 2.0 or the Real Shaker of PayFi Landscape? As a crypto on presale, Remittix has received a few labels from analysts and traders, including an ‘XRP 2.0′. While both crypto projects are built on the same PayFi DNA, Remittix races towards its official listing with a revolutionary PayFi roadmap. With Remittix, it’s now possible to complete crypto-to-fiat settlements, expanding the options for individual users and enterprises. Also, Remittix seeks to address the inefficiencies in cross-border payments—with its Pay API, payments aren’t just lightning-fast, they’re cheap, with zero FX fees or even hidden charges. Users can simply connect their wallets, add crypto, and complete transfers to global banks. For businesses, they can now allow customers to settle payments in fiat while using crypto. With Remittix, you can cash out or transfer your crypto in 50+ cryptocurrency pairs and over 30 fiat currencies. Since Remittix leverages crypto and the blockchain, its Pay API users can count on secure and transparent transactions. Its smart contract operates on the Ethereum chain, with Blocksafu rating it as ‘Very Safe’. XRP Stalls, as SEC Delays Decision on Spot ETF Filings Image source: As of today, XRP price is hovering above $2.42, slightly up by 3% from yesterday’s market close. Since May 16th, XRP’s price has been moving erratically, and after dipping to $2.33, it’s now back with a bullish signal. With higher lows and consistent heavy trading volume backing the momentum, analysts are eyeing a breakout. Image source : Although the SEC mentioned that there would be a delay in spot ETFs’ approval, XRP holders are counting on another potential catalyst: the launching of Volatility Share’s XRP futures ETF (ticker $XRPI). According to Eric Balchunas (@EricBalchunas), the fund has over $120 million in assets under management (AUM) and a trading volume of $35 million per day. Remittix Is Sittin’ Pretty Compared to XRP As one of the OGs in PayFi and cross-border payments, Ripple’s XRP has built a network and a community. However, regulatory uncertainties and competition from other meme coins have slowed down its trajectory in recent months. Remittix, on the other hand, is backed by a solid PayFi blueprint and has plenty of gas in the tank to score big returns for early adopters. Currently on presale priced at $0.0781, the RTX token is inching towards listing with a few more price increases. With less than 10% left in its current stage— it’s time to scoop up your RTX for bigger ROI! Get more information about the RTX token and other presale details here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Source: Crypto Daily