Cardano's Price Recovers 4% Amid Upgrade Anticipation, Remittix Presale Surpasses $14.7 Million

Generated by AI AgentCoin World
Monday, May 5, 2025 3:01 am ET1min read

Cardano (ADA) has been a focal point for investors, with its price currently trading around $0.6845. Despite a 4% recovery from April's decline, the cryptocurrency remains below the bullish target of $0.80. The anticipation surrounding Cardano's LAOS protocol upgrade and potential spot ETF filings has kept investor morale high, although trading volumes have been lower than in previous rallies.

On-chain indicators reveal that ADA's network growth in Africa is accelerating, with enterprise projects slated for unveiling in the second half of the year. These developments are expected to attract new inflows as Cardano solidifies its position as a secure and scalable smart-contract platform. The cryptocurrency is currently testing strong resistance at $0.74, and a break above this level could trigger buying momentum, potentially pushing the price towards $0.88. The staking rewards, upgrade synergy, and institutional buying have bolstered Cardano's fundamentals, but its short-term momentum may not match that of newer cryptocurrencies like Remittix (RTX).

Remittix, a new player in the crypto space, has garnered significant attention with its presale surpassing $14.7 million and 531 million tokens sold at $0.0757 per token. The project aims to revolutionize cross-border payments by minimizing transaction times and fees through a crypto-to-fiat payment system. Its modular framework supports decentralized ID, on-chain credit scores, and liquidity pools, enabling low-friction transfers directly on the Ethereum network. The presale has seen strong investor support, with a 64% sell-through of its 1.5 billion token supply. Market watchers compare Remittix to top-tier ICOs, predicting potential 50x returns if the project meets its roadmap milestones. The current price point of

is considered an attractive entry compared to Cardano's $0.6845, given its lower market cap and growing interest.

Remittix differentiates itself from Cardano through faster on-chain settlement, an inner credit layer supporting users, and aggressive expansion into new economies. Its consistent community engagement and robust roadmap are expected to translate into more accurate returns with increased usage, making it a strong contender for performance in 2025. As the RTX presale approaches its end, investors are encouraged to participate in a project designed for the future of cross-border payments, offering strong upside potential as the platform introduces its mainnet and liquidity programs.

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