Ethereum News Today: Ethereum-based Remittix (RTX) raises $17M presale after beta wallet launch on Sept 15, 2025, driven by investor demand for cross-border utility.

An Ethereum-based project, Remittix (RTX), has raised $17 million in its presale following the announcement of its beta wallet launch on September 15, 2025. The development has positioned the token as a standout in the Ethereum ecosystem, which continues to anchor innovation despite growing competition from Layer-2 solutions and rising gas fees. With 564 million tokens sold at $0.0842 apiece, Remittix’s rapid fundraising reflects investor appetite for projects offering tangible utility amid a broader market consolidation in Ethereum-based assets [1].

The beta wallet launch marks a critical milestone for Remittix, which aims to bridge crypto and fiat ecosystems by enabling users to send digital assets that convert to local currencies in recipients’ bank accounts across 30+ countries. This functionality, combined with a built-in business API for freelancers and global teams, differentiates the project from speculative tokens. Analysts note that Ethereum’s enduring dominance as the leading smart contract platform—despite challenges—has made tokens like Remittix attractive to investors seeking long-term value [1].

Ethereum’s scalability upgrades in 2025 are expected to amplify the appeal of projects built on its infrastructure. Remittix’s focus on cross-border payments and low-fee transactions aligns with Ethereum’s ongoing efforts to enhance real-world applicability. The project’s rapid adoption highlights a shift in the market: investors are increasingly prioritizing Ethereum-based tokens with operational infrastructure over those relying solely on Layer-1 advantages [1].

The $17 million presale success underscores a broader trend. As Ethereum’s ecosystem matures, projects delivering functional products are outpacing speculative assets. Remittix’s beta wallet, designed for seamless onboarding and Web3 compatibility, addresses barriers to mainstream crypto adoption. This focus on user experience and utility aligns with Ethereum’s role as a foundation for scalable, secure applications [1].

Critically, the project’s launch timing coincides with Ethereum’s market consolidation phase, where investors are filtering out noise and backing projects with clear use cases. Remittix’s ability to attract both institutional and retail investors—evidenced by its token sales—suggests confidence in its payment-focused model. The beta phase, now open to select testers, will likely influence broader adoption metrics as the project moves toward a full launch [1].

Ethereum’s influence in the crypto space remains unchallenged, with the majority of decentralized finance (DeFi), non-fungible tokens (NFTs), and payment protocols still relying on its security and adoption. Remittix’s integration of Ethereum’s infrastructure with fiat settlement capabilities could set a new benchmark for token utility, particularly in markets prioritizing cross-border transactions [1].

The project’s trajectory highlights the importance of real-world applications in sustaining token value. While Ethereum’s foundational role is secure, its future success will depend on projects like Remittix that leverage its capabilities for practical solutions. The presale’s performance and beta launch indicate strong market confidence, but long-term success will hinge on user retention and the wallet’s ability to scale globally [1].

Source: [1] [title1This ETH token just hit $17M in presale after announcing Beta Wallet release] [url1https://invezz.com/news/2025/07/24/this-eth-token-just-hit-17m-in-presale-after-announcing-beta-wallet-release/]