Bitcoin News Today: Bitcoin dominance falls 5.8% as altcoins surge 20% led by 450% Remittix rally

Bitcoin’s market dominance has declined sharply, creating a surge in altcoin activity as investors shift capital toward projects with real-world applications. Over the past three weeks, the total altcoin market capitalization has risen 20% to $1.44 trillion, driven by a 5.8% drop in BTC dominance—the steepest decline since June 2022 [1]. Ether (ETH) has reclaimed $3,700 after a 12% rally, fueled by $450 million in ETF inflows on July 25, while mid-cap tokens like Solana and Avalanche have climbed over 15% as traders pivot to DeFi and Layer-1 protocols [1].

Among the standout performers is Remittix (RTX), a cross-chain DeFi platform that has surged 450% since mid-June 2025. The token’s growth is attributed to its practical use cases, including instant settlements in under two minutes, low transaction fees under $0.01 via Solana integration, and partnerships with 70+ retail outlets in West Africa for RTX PayFi acceptance [1]. A $17 million funding round at $0.0876 per token and a $250,000 community giveaway have further accelerated adoption. Analysts note that Remittix’s emphasis on utility—such as quarterly token burns, 10% APY staking rewards, and a developer SDK—distinguishes it from speculative assets [1].

The altcoin rally has outpaced Bitcoin’s modest gains, with BTC now trading near $118,500 but retaining a dominance rate just above 60%. This dynamic reflects a classic “altcoin season” pattern, where smaller tokens capture outsized momentum when BTC dominance dips below 61%. However, the broader market faces risks if macroeconomic pressures resurface, as speculative altcoins like Solana-based BONK—recently up 6.5% on July 24—lack the infrastructure to sustain long-term growth [2].

Remittix’s trajectory underscores a broader shift in investor priorities toward projects with tangible use cases. The platform’s upcoming Q3 beta wallet will support 40+ assets with real-time FX conversion, cementing its role as a practical payment rail. A CertiK audit has also bolstered confidence in its smart contract security, addressing a critical barrier for institutional adoption. By contrast, meme coins and other speculative tokens remain vulnerable to volatility, as seen in BONK’s recent price swings [2].

As the market navigates late summer, Remittix’s focus on global adoption—targeting 30+ countries with its crypto-to-fiat transaction tools—positions it to outperform both Bitcoin and the broader altcoin sector. With Bitcoin’s dominance waning and investors seeking returns beyond the dominant asset, utility-driven projects like Remittix are increasingly capturing attention in a landscape where adoption and scalability define success [1].

Sources:

[1] Coindoo. "Altcoins Peak as BTC Dominance Falls, Remittix Among Emerging Tokens Outpacing the Rest After 450% Gains." https://coindoo.com/altcoins-peak-as-btc-dominance-falls-remittix-among-emerging-tokens-outpacing-the-rest-after-450-gains/

[2] Coindoo. "BONK and Solana Meme Coins Fall As Remittix Steals The Show..." https://coindoo.com/bonk-and-solana-meme-coins-fall-as-remittix-steals-the-show-with-certik-audit-and-beta-wallet-launch/

[3] Bricks Gold. "Remittix, the PayFi Alt That Rocketed More Than 500%..." https://bricksgold.com/