XRP News Today: Remittix RTX Presale Surpasses $17.4M as XRP and XLM Face 0.56% Value Decline in Cross-Border Payments Sector

The recent performance of XRP and XLM has underscored the enduring appeal of utility-driven cryptocurrencies in a volatile market. Over the past eight months, XRP has traded at $3.17, maintaining a market capitalization of $189.67 billion despite a 0.56% decline in its value. Similarly, XLM has seen traction, trading at $0.4389 with a market cap of $13.67 billion and daily trading volume of $412.21 million [1]. These figures reflect sustained investor confidence in tokens with real-world applications, particularly in cross-border payments, where both XRP and XLM have long positioned themselves as key players.

Emerging as a direct competitor to such projects is Remittix (RTX), a DeFi initiative that has gained momentum through its presale campaign. As of July 7, 2025, Remittix had raised over $17.4 million by selling 570 million RTX tokens at $0.0876 each [1]. The project’s roadmap includes a Q3 2025 beta launch of its wallet, which aims to streamline crypto-to-bank transfers across 30+ countries. This tool is designed to bypass high fees and slow processing times by enabling direct, low-cost transactions, a critical advantage in a market where utility often outpaces speculation [1].

Remittix’s appeal lies in its alignment with current investor priorities. The platform supports 40+ cryptocurrencies and 30+ fiat currencies, targeting freelancers, remote workers, and remittance users seeking scalable solutions. A 50% token bonus for early presale participants and CertiK’s security audits have bolstered its credibility, distinguishing it from speculative assets like Pepe Coin (PEPE), which has seen a 37.58% drop in trading volume despite a 2.4% price increase [1]. Analysts note that Remittix’s focus on tangible use cases—such as real-time foreign exchange conversion—mirrors broader market shifts toward projects addressing inefficiencies in traditional financial systems [1].

The project’s presale growth has also positioned it as a contender in a $190 trillion cross-border payments sector. By offering a mobile-first interface with low gas fees, Remittix aims to simplify global transactions while competing with established players like Ripple and Stellar. This strategy resonates with investors seeking alternatives to centralized exchanges, as evidenced by the $976 million liquidation wave reported on July 27, 2025, which highlighted growing demand for crypto solutions with clear economic applications [2].

While XRP and XLM remain dominant in cross-border payments, Remittix’s utility-first approach and faster transaction speeds address lingering bottlenecks in the space. The project’s beta wallet is expected to eliminate barriers such as high fees, a feature analysts argue could redefine investor behavior in the coming months [1]. As the crypto market matures, the success of Remittix will depend on its ability to maintain presale momentum and deliver on its roadmap, offering a compelling case for investors prioritizing innovation and practicality.

Source:

[1] [Remittix Now Exhibits Growth Similar to Pepe Coins 2024 Breakout Amid Wider Shifts in Investor Behaviour] [https://coinmarketcap.com/community/articles/688615e847b6646c8de9dbec/]

[2] [The Recent Rallies of XRP and XLM in the Past 8 Months Is Exactly Why You Should Be Looking at Remittix] [https://partner.cryptopolitan.com/the-recent-rallies-of-xrp-and-xlm-in-the-past-8-months-is-exactly-why-you-should-be-looking-at-remittix/]