Ethereum News Today: Ethereum Hits $4,000 as Bulls Target $6,500 on Institutional Rebound

Generated by AI AgentCoin World
Monday, Aug 11, 2025 12:56 am ET1min read
Aime RobotAime Summary

- Ethereum's price exceeds $4,000 as analysts predict $6,500 target driven by institutional rebound and strong on-chain metrics.

- Remittix (RTX) gains attention with 50x growth forecasts, leveraging $18.7M funding and zero-fee cross-border crypto-to-fiat solutions.

- Strategic partnerships and September 2025 wallet launch position RTX as a DeFi contender addressing crypto transaction pain points.

Ethereum has regained significant attention as bullish momentum drives price predictions higher, with analysts forecasting a potential rise to $6,500. This optimism is underpinned by strong on-chain metrics and a resurgence in institutional interest. Current ETH prices remain above $4,000, marking a high not seen since late 2024. Chart analysis indicates

is operating within a long-term rising channel, historically associated with major price surges. A confirmed breakout above key resistance levels could trigger a rally toward $6,500, with further gains likely if buying pressure intensifies. Whale accumulation, growing DeFi activity, and positive staking trends are also contributing to reduced selling pressure. Meanwhile, funding rates remain positive, and options market positioning suggests the potential for a short squeeze, which could amplify upward movement [1].

Alongside Ethereum’s strong performance, Remittix (RTX), a fast-emerging DeFi payment project, is attracting investor attention with bold growth forecasts. Analysts are projecting that

could deliver 50x returns by 2026, driven by its real-world utility in cross-border transactions. The project has already raised over $18.7 million, with more than 588 million RTX tokens sold at $0.0922 each, signaling robust investor confidence. Remittix offers a seamless off-ramp solution, allowing users to convert over 100 cryptocurrencies into fiat with zero foreign exchange fees. Transactions are completed in under 30 minutes, addressing a long-standing pain point in the crypto space. To ensure market stability, team liquidity has been locked for three years, preventing volatility and supporting long-term growth [1].

Looking ahead, strategic partnerships with global remittance agencies are expected to boost adoption and scale the platform’s impact. The beta launch of the Remittix Wallet on September 15, 2025, is a significant milestone, offering selected community members early access to test the platform’s first live product. This initiative aims to accelerate adoption and prepare for broader public use. As Ethereum continues its climb toward $6,500, Remittix is positioning itself as a serious contender in the DeFi space, with a roadmap that aligns with growing demand for efficient and cost-effective cross-border payment solutions [1].

Source: [1] Ethereum Price Prediction: ETH Poised for $6,500 While Remittix Eyes 50x Potential by 2026 (https://coinmarketcap.com/community/articles/68997547293c2f21371c187d/)