A significant capital shift is occurring in the cryptocurrency world, with funds moving from XRP into a new PayFi project, Remittix. This change is drawing attention within crypto circles.
Movement of Capital from XRP
Recently, XRP has been performing well, trading at $3.24 with a 1.92% increase over the past 24 hours. The token's market capitalization stands at $191.93 billion, with trading volume spiking by 74.84%, indicating renewed interest from investors.
Remittix Wallet Launch in Q3 2025
Remittix (RTX) aims to create real-world crypto-to-fiat use cases as a cross-chain DeFi project. The beta launch of the Remittix Wallet is confirmed for Q3 2025, supporting Solana and Ethereum with promises of low-cost transfers and nearly instant settlements.
Remittix's Prospects as a Utility Token
Remittix seeks to establish itself as a significant utility platform, allowing users to send cryptocurrency to bank accounts in over 30 countries. The project has already raised over $17.6 million and sold over 572 million tokens, valuing each token at $0.0876.
In summary, the significant capital movement from XRP to Remittix may indicate a growing interest in projects with real utilities in the cryptocurrency space.