Ethereum News Today: ADA Gains Momentum Amid Bullish Patterns and Whale Activity

ADA price forecasts continue to attract attention as the third quarter nears its close, with some analysts projecting the token could reach $150 [1]. This potential rise is underpinned by recent technical developments, including a breakout from a descending trend channel and a double bottom pattern at the $0.84 level, signaling possible upward movement to $1.13 or higher [1]. Whale activity has also intensified, with reports indicating the transfer of 59 million ADA tokens from Bitstamp to an unknown wallet, suggesting accumulation by large holders or institutions [1]. These movements have contributed to a more bullish sentiment, particularly as ADA’s market capitalization remains stable at around $26 billion, providing a degree of credibility to the predictions [1].

Despite these developments, not all analysts are convinced that ADA is the optimal long-term investment. Some argue that the token may have already reached its peak and recommend shifting focus to Remittix (RTX), a relatively new Ethereum-based PayFi platform designed to facilitate cross-border crypto-to-fiat transactions [1]. RTX is being marketed as a potential 100x altcoin by 2025, offering a real-world utility that bridges traditional financial systems with the crypto economy [1]. The project claims to support over 40 cryptocurrencies and provides seamless, secure, and cost-free transactions to bank accounts across 30 countries [1]. These features, combined with a three-year token lockup and CertiK-audited smart contracts, have drawn attention from investors seeking high-growth opportunities with tangible use cases [1].

The broader market context also supports the idea that altcoins with strong fundamentals and growing institutional interest could outperform more established names like ADA in the long run [4]. Recent market movements, such as Ethereum dipping below $4,200, have triggered whale activity across multiple altcoins, further highlighting the shifting dynamics in the space [3]. Analysts have noted that while ADA has strong momentum and a robust roadmap—including its upcoming Hydra protocol upgrade—it may struggle to deliver the exponential returns seen in smaller-cap projects like RTX [4].

Institutional interest is another factor driving speculation. The Federal Reserve has reportedly begun exploring tokenization, smart contracts, and AI for payment systems, signaling a potential shift in how traditional finance views digital assets [5]. This development has added to the growing optimism around Cardano, which is known for its focus on scalable smart contract solutions [5]. However, observers caution that ADA still faces resistance levels that could challenge its upward trajectory, and technical indicators will be closely monitored to determine whether the bullish trend is sustainable [4].

As the market continues to evolve, investors are advised to remain cautious, especially when considering high-potential altcoins like RTX and ADA [1]. While the forecasts present compelling scenarios, it is important to differentiate between market predictions and actual performance. Analysts emphasize the need for due diligence and risk management, particularly as volatility remains a defining feature of the crypto market [1].

Source:

[1] https://www.cryptopolitan.com/ada-may-touch-150-as-analysts-highlight-remittix-as-the-better-long-term-bet/

[2] https://www.cryptopolitan.com/almost-half-billion-shorts-liquidated-bulls/

[3] https://coincentral.com/ethereum-price-slips-whales-position-for-30x-returns-in-magacoin-finance-cardano/

[4] https://www.thecoinrepublic.com/2025/08/22/bnb-coin-and-remittix-prices-hit-new-all-time-highs-could-ethereum-be-the-next/

[5] https://coincentral.com/federal-reserve-examines-tokenization-smart-contracts-and-ai-for-payments/