Cardano Struggles as Sui and Remittix Gain Bullish Momentum

Cardano’s (ADA) recent price performance has drawn increasing concern from analysts, as trading volumes have plummeted by 60%, now sitting below $1 billion [1]. Technical indicators show growing resistance at $0.828, with potential downside risks reaching as low as $0.50 if key support levels fail. Additionally, on-chain activity has weakened, with DeFi usage dropping by 22% and Total Value Locked (TVL) declining to just $274 million—well behind more dynamic competitors [1]. These developments raise doubts about Cardano’s ability to maintain its position among the top 10 altcoins in 2025.

Analysts note that Cardano is increasingly being overshadowed by alternative blockchain projects that offer stronger utility and performance. Sui Network, for instance, has gained traction with its high throughput—up to 297,000 transactions per second—and fast finality time of under half a second [1]. The platform’s TVL surged past $1 billion in 2024, and price predictions suggest it could trade between $2.95–$3.47 by the end of the month [1]. Sui’s robust infrastructure, supported by over 200 dApps and institutional backing, positions it as a top-tier altcoin with real-world utility.

Similarly, Remittix (RTX) is gaining attention as a high-utility cryptocurrency with a clear use case in the global remittance sector. Through its PayFi protocol, RTX facilitates instant crypto-to-fiat transfers in 30+ countries, directly targeting a $19 trillion market [1]. The project’s upcoming Q3 wallet launch will introduce live foreign exchange (FX) conversion and mobile-first banking features, expanding its appeal to both Web3 users and traditional consumers [1]. Institutional investors are showing quiet interest, with many accumulating RTX ahead of potential CEX listings and the platform’s growing ecosystem.

Investor sentiment is clearly shifting toward projects that deliver measurable impact and scalable solutions. While ADA remains in a projected price range of $0.60–$0.70 for the remainder of 2025, Sui and RTX are being viewed as stronger contenders in the current bull market [1]. These two projects exemplify the industry’s move toward utility-driven innovation, contrasting with Cardano’s declining engagement and technical challenges.

[1] https://cryptodaily.co.uk/2025/08/experts-make-shocking-cardano-price-prediction-is-ada-going-to-skip-this-bull-run-these-2-cryptos-are-set-to-rocket