XRP News Today: RTX Emerges as PayFi Contender as XRP Loses Momentum and Falls Below $2.30

XRP holders are increasingly exiting their positions as the token's price stalls and wallet activity declines, according to recent analysis. Despite regulatory progress and speculation about ETF listings, XRP’s price has fallen below $2.30, with technical indicators suggesting a potential drop to $1.20 if key support levels break [1]. Daily active addresses on the XRP network have dropped to around 30,000, reflecting reduced user engagement and trading interest. Analysts note that without significant product innovation or broader adoption, XRP’s momentum appears to be fading [2].

Meanwhile, Remittix (RTX) is gaining traction as a PayFi token with strong real-world utility. The platform facilitates instant crypto-to-cash transactions across 30+ countries and supports over 50 tokens and fiat currencies, making it a versatile solution for global payments. RTX’s limited token supply and efficient blockchain architecture are being highlighted as key advantages over XRP, positioning it as a next-generation PayFi token [3]. The integration of XRP as a default on-ramp further enhances liquidity and accessibility for users.

Investor sentiment is shifting toward tokens that offer tangible use cases and technological innovation. RTX has attracted both retail and institutional interest, with its presale gaining significant momentum. Analysts are comparing RTX to XRP 2.0, emphasizing its focus on real-world applications over speculative trading [4]. An upcoming Q3 wallet launch, previewed on YouTube, is expected to enhance user experience and drive further adoption.

XRP’s slow adoption is raising concerns among long-term holders, especially as institutional interest remains stagnant and price growth is limited. The decline in network activity and wallet engagement suggests that investors are rotating into more utility-driven tokens like RTX [5]. At a price of under $0.10, RTX offers a low entry point with high potential, with some analysts predicting it could reach $10, offering up to 100 times growth [6].

The broader PayFi market is showing a clear preference for tokens with real-world applications, and RTX is emerging as a leading candidate. As the crypto landscape evolves, the focus is shifting from hype to practical use, with RTX poised to redefine how crypto is used in everyday transactions. This trend underscores the growing importance of utility in the crypto space, with RTX at the forefront of this shift.

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[1] https://en.coinotag.com/xrp-holders-show-signs-of-decline-as-remittix-rtx-gains-attention-for-real-world-utility/