Cardano Eyes $0.85 Resumption as Remittix Surges 484% on Real-World Utility

Cardano’s recent price movement above $0.78 has reignited discussions around its potential to reclaim its former high of $0.85 or beyond, with market analysts and whale investors paying close attention [1]. Daily active addresses have risen by 8% to 360,000, a level not seen since mid-June, and staking participation remains strong at approximately 72% of the total supply, generating around $600 million in annual yield for the network. Social volume has increased by 14%, signaling renewed interest among developers and investors following the Vasil hard fork. Institutional involvement is also on the rise, with products such as the Hashdex ETF modestly increasing ADA allocations, contributing to price prediction models that forecast mid-single-digit gains by the fourth quarter of 2025 [1].

Amid this optimism, some investors are shifting capital into Remittix (RTX), an under-$0.08 utility token, betting on its PayFi infrastructure as a potential high-growth alternative [1]. RTX has surged by 484% since June, driven by pilot remittance transactions exceeding $28 million in Ghana and Kenya and a $250,000 community token giveaway that boosted wallet sign-ups by 420%. This has led to a 15% increase in large wallets holding over 10 million RTX this week [1].

Remittix’s growth appears to be fueled by its real-world utility and active infrastructure, including live global payout corridors and an upcoming Q3 2025 wallet beta that will support over 40 assets with real-time foreign exchange [1]. The project has also passed CertiK audits, adding credibility and attracting institutional confidence. Unlike many speculative altcoins, Remittix has already achieved tangible product development ahead of its token generation event (TGE) and continues to offer a 50% token bonus for early backers [1].

While Cardano’s price action remains bullish if it can break through the $0.85 level, uncertainties such as broader market corrections or delayed network upgrades remain a concern [1]. Remittix is being positioned by some investors as a hedging strategy against these risks. Its live payment corridors, audited security framework, and imminent product launch offer both upside potential and tangible utility. Allocating capital to RTX alongside ADA could provide a balanced approach, capitalizing on ADA’s potential 20% rally while benefiting from the exponential growth potential of Remittix’s PayFi platform [1].

Source: [1]Cardano (ADA) May Hit New Highs, But Remittix Shows Even Stronger Upside for 2025 (https://blockonomi.com/cardano-ada-may-hit-new-highs-but-remittix-shows-even-stronger-upside-for-2025/)