Ethereum News Today: Pi Network Falls 20% Amid Bearish Outlook as Arbitrum Rises 4% and Remittix Gains Momentum

Altcoin investors are turning their attention to Pi Network, Arbitrum, and Remittix (RTX) as potential leaders in the next major cryptocurrency surge. These projects are gaining traction due to their real-world utility and early-stage development, which has sparked renewed interest in the broader cryptocurrency market [1]. Pi Network’s Pi coin, built on a mobile-first model, has attracted a large user base, while Arbitrum continues to enhance Ethereum’s scalability and reduce transaction costs via its Layer-2 solution. Meanwhile, Remittix, a blockchain-based remittance platform, is drawing attention for its potential to streamline cross-border payments and provide more affordable alternatives to traditional financial services.

Pi Network’s price has fallen nearly 20% over the past month, currently trading around $0.351 [1]. Technical indicators show a descending channel and bearish MACD, suggesting ongoing selling pressure. Price forecasts remain mixed, with some analysts noting a potential 24% rally if the coin breaks out of its current resistance level. However, the risk of a further decline toward $0.32 or $0.31 remains, making it a high-risk investment despite its loyal user base.

Arbitrum, in contrast, is holding firm amid broader market pressure, trading around $0.49 and up about 4% in the past week [1]. As a Layer-2 Ethereum scaling solution, Arbitrum benefits from growing interest in network efficiency and reduced transaction costs. While it is still far from its all-time high, experts believe it could lead the charge in the upcoming altcoin season if Ethereum’s demand for efficient transactions increases.

Remittix stands out among the three with a clear path to real-world adoption. The platform is preparing for a Q3 wallet reveal and features a practical PayFi design that emphasizes low-fee architecture, cross-chain capabilities, and audited smart contracts [1]. It has already secured whale support and is gaining community traction. Remittix recently reached a $20 million funding milestone and announced its first centralized exchange listing on BitMart, a significant boost for liquidity and visibility.

Unlike Pi Network and Arbitrum, which are more speculative or tied to broader Ethereum sentiment, Remittix is building infrastructure with real-world use cases. It is audited by CertiK, one of the top blockchain security firms, and is designed for global, borderless payments. The platform’s focus on remittance efficiency aligns with global trends in financial inclusion and DeFi innovation. Analysts suggest that its combination of use cases and growing adoption positions it as a serious contender among the best DeFi projects in 2025 [1].

The broader cryptocurrency market is shifting toward projects with tangible utility, moving away from speculative hype. This trend places Pi Network, Arbitrum, and Remittix in a strong position for investor consideration, especially as the industry continues to mature and diversify [1]. However, investors are advised to remain cautious, particularly with Pi Network, which remains a high-risk asset due to its bearish technical outlook.

Source: [1] Blockonomi, [https://blockonomi.com/cryptos-next-big-surge-pi-network-arbitrum-and-remittix-rtx-set-to-rewrite-the-rules/](https://blockonomi.com/cryptos-next-big-surge-pi-network-arbitrum-and-remittix-rtx-set-to-rewrite-the-rules/)