XLM Nears 2022 High on Bullish Outlook as RTX Payments Project Attracts $17.6M in Funding

Generated by AI AgentCoin World
Tuesday, Jul 29, 2025 6:22 am ET1min read
XLM
--
Aime RobotAime Summary

- Stellar (XLM) hits $0.429, its highest since 2022, with trader Peter Brandt forecasting a potential $1.50 surge if it breaks above $0.45.

- Remittix (RTX), an Ethereum-based payment solution, raised $17.6M via token sales and plans a September 15 wallet beta to address $19T real-world payments.

- RTX’s competitive edge includes 30+ country bank withdrawals, CertiK audits, and growing adoption by freelancers, contrasting XLM’s reliance on historical cross-border payment dominance.

- Investors increasingly favor RTX’s real-world utility and institutional-grade security over XLM’s uncertain scalability, reflecting market preference for innovation over legacy projects.

Experts Highlight a Crypto Project Flying Under the Radar as

Stellar
(XLM) Turns Bullish

The cryptocurrency market is witnessing renewed interest in Stellar (XLM) following a bullish technical analysis by veteran trader Peter Brandt. XLM’s price has climbed to $0.429, its highest monthly close since 2022, with Brandt identifying a potential breakout above $0.50 that could push the token toward $1.50 [1]. This scenario hinges on sustained buying pressure and a clean close above $0.45, though a drop below $0.30 could invalidate the pattern. Critics note that XLM has yet to reclaim its 2020 peak of $0.9381, raising questions about its ability to sustain long-term growth amid competition from newer projects.

Amid this, a less-discussed token, Remittix (RTX), is gaining traction among investors. The Ethereum-based payment solution, which aims to address a $19 trillion real-world payments problem, has raised $17.6 million through the sale of 572 million tokens at $0.0876. RTX’s upcoming wallet beta, scheduled for September 15, is seen as a catalyst for its adoption. Analysts highlight its competitive edge: direct bank withdrawals in 30+ countries, a fully audited infrastructure by CertiK, and growing demand from freelancers and remote workers [1].

The divergence in investor sentiment reflects broader market dynamics. While XLM benefits from its established reputation in cross-border payments, RTX’s aggressive product roadmap and real-world utility are attracting attention. The token’s ability to facilitate seamless transactions and its focus on institutional-grade security have positioned it as a potential disruptor in the PayFi space.

Retail and institutional investors are increasingly hedging their bets by allocating capital to emerging projects like RTX, which offer clearer use cases and faster innovation cycles. This shift underscores the market’s preference for tokens with demonstrable progress over those relying on historical performance. XLM’s technical outlook remains optimistic, but its success depends on overcoming lingering skepticism about its scalability and adoption rate.

The crypto landscape is evolving rapidly, with projects like RTX illustrating the growing demand for solutions that bridge traditional finance and blockchain. As the September launch of RTX’s wallet approaches, market participants will closely monitor its real-world adoption metrics to gauge its potential to outperform more established rivals.

[1] Source: [1] Experts Highlight a Crypto Project Flying Under the Radar as Stellar (XLM) Turns Bullish (https://cryptonewsland.com/experts-highlight-a-crypto-project-flying-under-the-radar-as-stellar-xlm-turns-bullish/)