Remittix (RTX) Gaining Traction as Cardano (ADA) Price Stalls Amid Hoskinson Comments

Tuesday, Sep 2, 2025 6:44 am ET1min read

Cardano's price remains range-bound, trading at $0.8211, down 5.4% within the last seven days. Investors are shifting focus to newer projects like Remittix (RTX), which is gaining traction due to its real-world financial solutions. Remittix is working towards cross-border payments and has raised over $23.3 million from its presale. The project's beta wallet is set to launch in Q3 2025, facilitating direct crypto-to-bank transfers in over 30 countries.

Cardano's price has been consolidating near $0.82, down 5.4% over the last seven days, as investors shift their focus towards newer projects like Remittix (RTX) [1]. While Cardano's price action remains range-bound, the cryptocurrency is showing signs of preparing for a possible breakout, with analysts identifying $0.88 as the crucial breakout level that could trigger a rally towards $1.20 [2]. The Cardano ecosystem is actively pursuing several cross-chain partnerships, with potential integration of USD1 stablecoin, Chainlink, and Aave [1].

Charles Hoskinson, Cardano's founder, revealed that the project is in active discussions with World Liberty Financial (WLFI) regarding the potential integration of USD1 stablecoin, which could become the largest stablecoin in the Cardano ecosystem if successful [1]. Additionally, Cardano is exploring partnerships with Chainlink and Aave, though the integration with Chainlink might take longer to materialize [1]. These partnerships could drive more user transactions on the Cardano network, potentially boosting its utility and adoption.

Meanwhile, Remittix (RTX) is gaining traction due to its real-world financial solutions, particularly in the cross-border payments sector. The project has raised over $23.3 million from its presale and is set to launch its beta wallet in Q3 2025, facilitating direct crypto-to-bank transfers in over 30 countries [1]. Remittix's 0.1% fee model is significantly lower than traditional services like Western Union (5–10%) and even XRP's 0.15%, making it an attractive option for cross-border payments [1].

The strategic synergy between Ethereum and Remittix offers a compelling case for investors seeking both stability and scalability in the evolving crypto ecosystem. Ethereum's institutional adoption and technological upgrades position it as a cornerstone asset, while Remittix's deflationary model and cross-border utility offer aggressive growth potential [1]. As Ethereum's DeFi TVL continues to grow, Remittix's TVL growth in Layer 2 networks underscores its high-conviction narrative [1].

In conclusion, while Cardano's price remains range-bound, the project's strategic partnerships and potential integration of USD1 stablecoin, Chainlink, and Aave present exciting opportunities for the Cardano ecosystem. Simultaneously, Remittix's innovative approach to cross-border payments and real-world utility positions it as a high-growth project in the PayFi sector. Investors should closely monitor these developments as the 2025 crypto market continues to mature.

References:
[1] https://blockonomi.com/cardano-ada-price-technical-analysis-points-to-potential-1-20-target/
[2] https://www.ainvest.com/news/ethereum-remittix-dual-catalysts-2025-crypto-growth-defi-cross-border-payments-2509/

Remittix (RTX) Gaining Traction as Cardano (ADA) Price Stalls Amid Hoskinson Comments