Ethereum News Today: Remittix RTX Rises on Utility and $19.4M Presale Momentum

The cryptocurrency market continues to show heightened activity as Cardano (ADA) and Ethereum-based tokens attract investor interest. While ADA remains a long-term speculative bet, with some analysts forecasting it could reach $3 by 2026 [4], attention has also shifted toward newer, Ethereum-based tokens that are already demonstrating early success and tangible use cases [2].

Among these, Remittix (RTX) has emerged as a standout, drawing comparisons to traditional altcoins due to its utility-driven model. Priced at $0.0944, RTX has already raised over $19.4 million in its presale, selling more than 598 million tokens. The platform is designed to facilitate real-time cross-border transactions in over 30 countries, offering a practical solution for individuals and businesses seeking low-fee, fast crypto-to-bank transfers. Additionally, its upcoming Q3 beta wallet will feature live foreign exchange conversion and support for multiple cryptocurrencies, further enhancing its appeal [1].

What sets Remittix apart from speculative altcoins is its focus on real-world application. The project emphasizes security, with CertiK audits already completed, and plans to offer a 40% token bonus to early adopters. A $250,000 giveaway is also being used to incentivize participation and drive adoption [1].

Ethereum itself is performing well, trading at $4,690.65 with a market cap of $566.66 billion and a 24-hour trading volume of $67.81 billion. The network’s ongoing upgrades and regulatory clarity, particularly around ETF developments, are contributing to its sustained interest [1]. Other altcoins like Pi Network are also showing growth, with a 2.83% increase in the past 24 hours and a market cap of $3.13 billion [1].

While Cardano is yet to reflect its $3 price target, the broader market is showing a preference for tokens with clear utility and presale momentum. Investors are increasingly seeking alternatives that offer more immediate returns, with Ethereum-based projects gaining traction as viable options in this evolving landscape [2].

Source: [1] CoinMarketCap, [https://coinmarketcap.com/community/articles/689e415f0092c3341a4874b4/](https://coinmarketcap.com/community/articles/689e415f0092c3341a4874b4/)