This week, cryptocurrency discussions are centered around XRP news and Ethereum's price trajectory. However, institutional investors are noting a new trend surrounding Remittix.
XRP Remains Steady but Faces Resistance
XRP price stays stable in the $2.80–$2.90 range, with some analysts eyeing a potential rise to $4 by 2026 due to renewed institutional support and potential ETF approvals. RSI and MACD signals suggest that XRP is consolidating, waiting for a volume surge to break above $3.10–$3.20.
Ethereum Continues to Hold Its Ground with New Competition on the Horizon
Ethereum (ETH) continues to embody mainstream DeFi innovations and smart contract functionality, bolstered by its Fusaka upgrade aiming to improve scalability and reduce gas costs. Despite this foundational upgrade, institutional interest is shifting towards altcoins addressing real-world issues.
Institutions Eye Remittix as a High-Potential New Altcoin
Remittix (RTX) is drawing investor interest for its real-world utility. Key developments, including raising over $24.2 million in presale and upcoming listings on BitMart and LBank, have fueled institutional interest. The token is designed for the $19 trillion remittance market, blending utility with scalability.
While XRP and ETH remain significant players, the growing interest in Remittix highlights that institutional investors are increasingly betting on utility and real demand, potentially paving the way for its successful future.