XRP News Today: Remittix (RTX) Gains Traction with $15.6 Million Prelaunch, Eyes $2 Mark

As the crypto market shifts towards a bullish trend, investors are closely watching which altcoin will hit the $2 mark first, with Cardano and Pi Coin being two of the top contenders. Both cryptocurrencies are showing signs of potential breakouts, but a new player with a current price of $0.0781 is quietly gaining traction.

Remittix (RTX) is proving to be one of the year's best-performing cryptocurrencies. Unlike many speculative tokens, Remittix has a real, working product: a crypto-to-fiat bridge that enables individuals to transfer BTC, ETH, and XRP into conventional bank accounts in minutes. This innovation is significant in the $190 trillion global payments market, addressing real-world problems and attracting serious investors.

Remittix's ability to expedite and streamline cryptocurrency transactions has already garnered significant prelaunch traction, exceeding $15.6 million. Experts are drawing comparisons between RTX and established cryptocurrencies like Ripple (XRP) and Stellar (XLM) due to its practical applications and potential for rapid adoption. As more users and institutions utilize Remittix for cross-border payments, its demand and value are expected to surge. If the current rate of adoption continues, RTX may not only reach $2 but could also become one of the top-performing coins.

Pi Network is experiencing a new surge in interest, with social dominance reaching 0.276%, its highest level since May. This renewed interest coincides with Pi Day 2 on June 28, which includes milestones such as the end of the .pi domain auction and the conclusion of the Open Network PiFest. These events are creating expectations, and technical indicators are signaling a potential rally. A technical report notes a triple-bottom formation and low volatility on the 8-hour chart, forecasting a likely breakout. Although Pi has dropped by over 50% in the past month, analysts are projecting a double-digit percentage gain in June.

Another analysis indicates that Pi shows a textbook double-bottom reversal with a neckline at $1.6708 and support at $0.5850. The price has the potential to rally by 160% or more if volume accelerates. If Pi Network gains major exchange listings after June 28, the price could skyrocket to $2 in a short period.

Cardano (ADA), which reached an all-time high of $1.326 in December 2024, has been correcting but may be nearing the end of this phase. Current analysis shows that ADA is making higher lows ($0.506 → $0.511 → $0.616), and the RSI is rebounding, indicating early signs of a bull run. Another analysis identifies a potential 15% breakout with a bullish setup between $0.665–$0.684. If ADA surges past $0.715, the follow-up upside target is between $0.790 and $0.804. While ADA's progress may be more gradual compared to Pi, its stronger development platform and consistent growth make it a good long-term investment. However, in the short term, ADA may trail more paced assets like Pi or RTX in the sprint towards $2.

The race to $2 is gaining momentum. Pi Coin has immediate catalysts in the form of Pi Day 2 and technical setup, which could result in a rally. Cardano, though slower, is showing bullish reversal signs. However, Remittix (RTX) could be the most underrated competitor. If you're looking beyond hype and into actual use, RTX might just be the altcoin that reaches $2 first and brings life-changing returns with it.