As Ethereum eyes $3K, these ETH tokens see huge accumulation

The Ethereum price is just a hair away from crossing the $3,000 barrier, and this could be the fuse that lights Ethereum to go to the moon. However, as has always been the case, Ethereum tokens are doing better than Ethereum itself. There’s renewed interest in Ethena, Aave is solidifying itself as the Defi king, and Remittix is ready to change the world with its payFi bridge. Let us take a closer look. Ethereum (ETH): Ethereum price improves after Pectra Upgrade The Ethereum price has been struggling for a while now, and everyone who expected the Ethereum price to jump above $4k got a sub $2k price instead. But Ethereum is back and it’s back significantly. The Ethereum price pumped 50% in May from below $1,800 to over $2,700. This surge in the Ethereum price should not have been a surprise to anyone following the news. Ethereum released their much-anticipated Pectra upgrade . This comprehensive update introduces 11 EIPs aimed at enhancing scalability, user experience and staking efficiency. Ethereum needed this and the rise in price shows renewed confidence in Ethereum as the powerhouse behind crypto development. Source: Coincodex Ethena (ENA): Digital banking token battles to differentiate Ethena is an interesting Ethereum project: The concept of a digital bank. “Digital dollars for a digital economy”. This is an interesting take on trad banking and blending crypto with the real world, but one needs to ask what Ethena is doing differently from any other crypto token. Its USDe token is just another stablecoin and there’s not much to differentiate Ethena from the rest of the pack. The world needs a crossover between traditional banks and crypto, but one needs to ask if Ethena is the one to do it. Looking at the Ethena price graph, the answer seems to be “not necessarily, but maybe”. The Ethena price is low enough to speculate on, but the long-term plan is not setting the world on fire. Source: Coincodex Aave (AAVE): lending giant still has room to grow Aave’s been around the DeFi block a few times, but it’s not slowing down. With over $25 billion in total value locked across 17 blockchains , it’s still the heavyweight in decentralized lending. The recent buzz? Aave is considering launching its own blockchain post-V4 upgrade, aiming to enhance scalability and user experience. What does that mean for the Aave price? Aave is still down 60% from its ATH. The better news is that as the world gets more crypto-centric and DeFi gets mainstream acceptance, Aave may do something spectacular, but from an investor’s point of view, it may be too slow. Source: Coincodex Remittix (RTX): Ethereum utility without the wait While Ethena tries to be a digital bank and Aave builds a better lending machine, Remittix skips the DeFi complexity and does one thing extremely well: turn crypto into fiat, fast. Built on Ethereum but aimed squarely at real-world payments, Remittix offers same-day settlement in 30+ currencies with no FX fees and no bridge gymnastics. It’s not trying to reinvent finance with new jargon, it’s just fixing what’s broken. Whether you’re sending money across borders or cashing out without the headache, Remittix gets it done. In a sea of Ethereum tokens promising the future, this one’s already working in the present. That alone makes it worth a closer look. Remttix has already gained over $15.4 million in liquidity, and even YouTube cannot get enough of this token. As far as finding future-proof tokens go, Remittix may just be the one to shoot the moon. Conclusion As the Ethereum price inches toward the $3k mark, Ethereum tokens Ethena and Aave are trying hard to reform the banking and finance sectors. Aave is having slightly more success than Ethena at this stage, but the real winner here is Remittix . Fast, simple, elegant and does exactly what it says on the box. Remittix is now available at $0.0781. Discover the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io Socials: https://linktr.ee/remittix The post As Ethereum eyes $3K, these ETH tokens see huge accumulation appeared first on Invezz

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