XRP News Today: Whales Bet Big on RTX as XRP Struggles for Relevance

Remittix (RTX), a new entrant in the cryptocurrency payment sector, has attracted significant interest among large investors, with many shifting funds from XRP to RTX. This trend is being driven by factors such as RTX's focus on real-world payment use cases, including cross-border transactions and remittance solutions. The project provides instant, low-fee transactions and scalable infrastructure, making it an appealing alternative to XRP, which has faced legal challenges and has shown signs of declining investor confidence [1]. Whale activity indicates a reallocation of funds from XRP to RTX, as major market participants look for projects with clear growth potential in the payments niche [2].

The growing adoption of Remittix is reflected in early-stage metrics, including steady weekly demand and a rising soft market cap that has surpassed $20 million, a threshold often associated with exchange listings. This development has led to speculation that RTX may soon be listed on centralized exchanges, which could significantly boost its visibility and liquidity [1]. Analysts have noted that RTX is gaining traction as a high-utility token, particularly among those seeking exposure to Ethereum-based projects with tangible applications in decentralized finance (DeFi) and real-time crypto-to-fiat conversions [2].

In contrast, XRP has experienced a period of stagnation and volatility, with its price failing to hold momentum following a recent correction. While some analysts predict a short-term rebound, with potential for XRP to reach $4 by September, broader market sentiment appears to favor newer projects like Remittix, which offer clearer growth trajectories [2]. On-chain data suggests that whale accumulation of XRP has declined, signaling a shift in investor sentiment toward tokens with more immediate and scalable use cases [1]. This reallocation reflects a broader market trend where investors are prioritizing utility and adoption over legacy projects that face regulatory and performance challenges [2].

Remittix’s development roadmap includes a mobile-first wallet set for a beta launch in the third quarter of 2025, along with deflationary tokenomics and audited infrastructure to build trust among investors. These features are seen as key differentiators from XRP, which lacks a similarly structured growth plan [2]. The project has also raised $19.8 million through the sale of 604 million tokens at $0.0944 each, with a 40% bonus for early supporters. These factors have contributed to RTX's positioning as a potential 10x growth token, particularly in the context of a broader bull market [2].

The ongoing shift in investor focus from XRP to RTX underscores the evolving dynamics of the crypto payments sector. As RTX continues to build real-world applications and prepares for its first CEX listing, it may challenge XRP’s long-standing dominance in the space. Investors are advised to monitor these developments closely, as the performance of both tokens could be influenced by broader market trends and the pace of adoption in the cross-border payment ecosystem [1][2].

Source:

[1] XRP Holders Dump As Remittix Becomes The 1 Payment Token (https://crypto-economy.com/xrp-holders-dump-as-remittix-becomes-the-1-payment-token-pick-in-whale-portfolios/)

[2] XRP Price To Hit $4 By September But Remittix Could Deliver a 10x Surprise Before Year-End (https://coincentral.com/xrp-price-prediction-xrp-price-to-hit-4-by-september-but-remittix-could-deliver-a-10x-surprise-before-year-end/)