Ethereum News Today: Ethereum Whales Bet on RTX as PayFi Challenges Crypto’s Fee-Fueled Giants

Generated by AI AgentCoin World
Friday, Aug 22, 2025 11:22 am ET2min read
Aime RobotAime Summary

- Ethereum whales are shifting funds to Remittix (RTX), a cross-chain DeFi project addressing global payment inefficiencies amid Ethereum's volatility and scalability challenges.

- RTX raised $20.5M in presale, offers real-time fiat-crypto conversions across 30+ countries, and secured a BitMart listing to boost liquidity.

- Low gas fees, scalable infrastructure, and a Q3 2025 beta wallet with 40+ crypto support position RTX as a top 2025 altcoin contender.

- A $250K giveaway campaign and institutional interest highlight RTX's appeal as a utility-driven alternative to high-fee Layer-1 blockchains.

Ethereum whales have been quietly reallocating funds toward Remittix (RTX), a cross-chain DeFi project focused on solving global payment inefficiencies, as the broader market continues to wrestle with Ethereum's price volatility and scalability issues. With

currently priced at $4,282.29 and a market capitalization of $517.15 billion, the second-largest cryptocurrency faces growing pressure from investors seeking alternatives with lower costs and greater real-world utility [1]. Despite Ethereum’s dominance in the DeFi ecosystem, rising gas fees and transaction delays are prompting a shift in capital toward projects like RTX [2].

Remittix has raised over $20.5 million in its presale, selling more than 611 million tokens at $0.0969 each. The platform offers a hybrid model bridging decentralized and centralized exchange systems, enabling real-time fiat-to-crypto conversions and cross-border payments in 30+ countries. This functionality is particularly appealing to investors seeking practical solutions beyond speculative trading [3]. The project’s first centralized exchange listing on BitMart has also been confirmed, offering early liquidity to participants [4].

The growing interest in RTX is being fueled by a combination of factors, including its low gas fees, scalable infrastructure, and upcoming beta wallet release scheduled for Q3 2025. The beta version of the Remittix wallet will feature mobile-first user experience, real-time foreign exchange conversion, and support for 40+ cryptocurrencies. This development positions RTX as one of the most anticipated projects among crypto investors looking for the next big altcoin in 2025 [5]. The beta launch follows a $250,000 giveaway campaign aimed at expanding the project’s community and increasing awareness [6].

Ethereum whales have been identified as early adopters of RTX, reflecting a broader trend of capital moving from high-fee Layer-1 blockchains toward utility-driven platforms. The shift is particularly notable in light of Ethereum’s recent performance, where ETF outflows and short-term price volatility have contributed to uncertainty among institutional investors. While Ethereum remains a cornerstone of the DeFi landscape, its challenges in maintaining price stability and transaction efficiency have prompted a search for alternatives [7].

Institutional and retail investors alike are evaluating RTX not just as a speculative token, but as a project with tangible use cases in the $19 trillion global remittance and settlement market. The platform’s deflationary tokenomics, audited security protocols, and growing developer activity are reinforcing confidence in its long-term potential. With a focus on real-world adoption and infrastructure development, Remittix is carving out a niche in the evolving crypto landscape as a solution-oriented project with cross-border utility [8].

Source: [1] Ethereum Whales Shift Millions Into Remittix After ETH Struggles to Hold 4k (https://crypto-economy.com/ethereum-whales-shift-millions-into-remittix-after-eth-struggles-to-hold-4k/) [2] Ethereum Whales Abandon ETH For Remittix As The PayFi Narrative Takes Center Stage in 2025 (https://crypto-economy.com/ethereum-whales-abandon-eth-for-remittix-as-the-payfi-narrative-takes-center-stage-in-2025/) [3] Ethereum Price Prediction: Ethereum Try To Break $4.3K as ETF Outflows Accelerate (https://coincentral.com/ethereum-price-prediction-ethereum-try-to-break-4-3k-as-etf-outflows-accelerate-investors-are-reallocating-to-rtx/) [4] Remittix Attracts Major Crypto Funds As Market Looks Beyond Traditional Layer-1 Plays (https://coincentral.com/remittix-attracts-major-crypto-funds-as-market-looks-beyond-traditional-layer-1-plays-has-ethereum-got-a-new-contender/) [5] Ethereum Loses Bullish Momentum But Remittix Gains Strength with New Exchange Listing (https://coincentral.com/ethereum-loses-bullish-momentum-but-remittix-gains-strength-with-new-exchange-listing/) [6] Early Ethereum Whale Tips Remittix As His Next Big Bet While

Slips Lower (https://www.barchart.com/story/news/34281918/early-ethereum-whale-tips-remittix-as-his-next-big-bet-while-cardano-slips-lower)