XRP News Today: RTX Emerges as XRP Challenger With PayFi Utility and Institutional Trust

Shiba Inu (SHIB) has recently exhibited signs of weakness, with its price fluctuating around $0.00000000 as of the latest data. Despite its initial momentum, SHIB has failed to maintain consistent traction in the market, with its trading activity reflecting a balance between buy and sell orders that has not significantly shifted in favor of either side. The token’s market capitalization and trading volume have both remained relatively flat, suggesting a lack of strong institutional or retail interest. Analysts point to the broader market environment, which has been cautious following macroeconomic concerns and regulatory scrutiny, as a potential factor contributing to the subdued performance of SHIB [1].

Meanwhile, traders and investors are increasingly turning their attention toward Remittix (RTX), a high-growth cryptocurrency positioned as a potential 100x play in the PayFi sector. RTX is gaining momentum due to its early exchange listings and institutional backing, as well as its innovative approach to cross-border payments. The project aims to facilitate instant crypto-to-bank transfers across 30+ countries with real-time foreign exchange conversion, offering a scalable solution that bypasses traditional banking rails. This functionality has drawn comparisons to Ripple’s XRP, which is facing a challenging period amid regulatory pressures and declining institutional confidence [2].

The regulatory landscape has been a critical factor in RTX’s rise. Unlike XRP, which has been embroiled in legal battles with the U.S. Securities and Exchange Commission (SEC), RTX appears to have taken a more proactive approach to compliance. The project has completed a CertiK audit and has implemented deflationary tokenomics to reduce supply as adoption increases. These steps are helping to build institutional trust and differentiate RTX from legacy projects that struggle with regulatory uncertainty. Additionally, the token’s presale has raised $23.5 million, with 642 million tokens sold at an average price of $0.11, further reinforcing its appeal to early investors [2].

The competitive dynamics in the cross-border payments space are evolving rapidly. Ripple’s XRP has been under pressure despite its recent $125 million SEC settlement, trading at $2.77 and showing limited upside. Institutional liquidations have contributed to a bearish technical outlook, and some analysts argue that XRP’s traditional reliance on banks and legacy infrastructure has made it less agile in the face of new competition. In contrast, RTX’s cross-chain capabilities—supporting 40+ cryptocurrencies on platforms like Ethereum and Solana—position it as a more versatile and scalable solution for global payments. This technological edge, combined with growing investor sentiment, has created a compelling narrative for RTX as a potential disruptor in the sector [2].

Looking ahead, the market will closely monitor key developments for RTX, including its beta wallet launch on September 15 and its exchange listings on BitMart and LBank. These milestones are expected to drive liquidity and visibility for the token, potentially fueling broader adoption. As the crypto industry continues to shift toward utility-driven projects, RTX’s real-world application in cross-border transactions could serve as a catalyst for long-term growth. For now, investors are advised to keep a close eye on the token’s performance and evolving ecosystem as it builds toward its projected 100x returns [2].

Source:

[1] shiba inu (SHIB) | Live Price, Interactive Charts, Converter, ... (https://www.binance.us/price/shiba-inu)

[2] Ripple Facing Tough Competition From Remittix As Top ... (https://www.livebitcoinnews.com/ripple-facing-tough-competition-from-remittix-as-top-experts-worldwide-call-rtx-the-new-xrp/)