XRP News Today: Whales Shift Capital to Remittix Amid XRP and ADA Gains

Generated by AI AgentCoin World
Wednesday, Aug 6, 2025 4:52 pm ET1min read
Aime RobotAime Summary

- ADA/XRP whales shift capital to Remittix (RTX) amid August crypto volatility, with $18.1M raised in presale.

- XRP rises 2.26% to $3.05 while ADA hits $0.7421, signaling investor shift toward utility-driven projects.

- Remittix's cross-chain DeFi platform enables 30+ country fiat transfers, offering 40% presale bonus and $0.0895 token price.

- Market trends highlight infrastructure-focused projects like Remittix over speculative assets, contrasting Dogecoin's bearish pressure.

ADA and XRP large holders are increasingly allocating capital to Remittix (RTX) amid heightened volatility in the crypto market during August [1]. Whale activity suggests a growing interest in early-stage crypto projects, particularly those with clear utility and infrastructure-driven models. Remittix, a cross-chain DeFi platform designed to simplify global payments, has attracted attention from major investors, with over $18.1 million raised in its presale and a current token price of $0.0895 [1]. Over 582 million RTX tokens have already been sold, and the project is offering a 40% bonus during its presale phase [1].

XRP and ADA have both shown signs of momentum, with XRP rising 2.26% to $3.05 and a market cap of $181.37 billion, while ADA increased to $0.7421 with a 35% surge in trading volume [1]. These movements have been interpreted as signals that investors are shifting away from speculative assets and toward projects with real-world utility. Analysts note that whale behavior often precedes broader market sentiment, and the current concentration of capital in Remittix could signal an upcoming trend shift toward infrastructure-driven crypto projects [1].

Remittix is gaining traction due to its practical application in the global financial system. The platform enables direct cryptocurrency transfers into fiat bank accounts across 30+ countries, with a wallet set to launch in Q3 2025 [1]. This product supports over 40 cryptocurrencies, offers live FX rates, and minimizes transfer gas fees, making it particularly appealing to freelancers, remote teams, and international businesses [1]. The platform’s utility-driven model has led some to compare it to an “XRP 2.0,” highlighting its cross-border functionality enhanced by smart DeFi infrastructure [1].

While the broader altcoin market remains volatile, other projects such as Dogecoin are under bearish pressure [2]. Despite periodic price gains, Dogecoin remains in a consolidation phase, with traders closely monitoring key support and resistance levels around $0.18 and $0.22 [2]. In contrast, projects like Unilabs Finance have seen growing interest due to their structured investment models and passive income mechanisms tied to platform trading activity [2]. Unilabs has raised over $11 million in its presale and is being positioned as a high-potential alternative to meme coins [2].

The current market environment is marked by cautious optimism, with investors exploring alternatives that offer both utility and growth potential [1]. The increased whale activity in projects like Remittix and the rising interest in infrastructure-focused initiatives signal a shift toward more sustainable and scalable solutions in the crypto space [1]. As the market continues to evolve, the focus on real-world use cases and long-term value creation is expected to shape the next wave of crypto innovation [1].

Source:

[1] Coindoo, [https://coindoo.com/ada-and-xrp-whales-are-betting-big-on-remittix-as-august-volatility-heats-up/](https://coindoo.com/ada-and-xrp-whales-are-betting-big-on-remittix-as-august-volatility-heats-up/)

[2] BlockchainReporter, [https://blockchainreporter.net/surprising-market-rebound-dogecoin-whales-spot-next-10x-opportunity-as-altcoins-rally/](https://blockchainreporter.net/surprising-market-rebound-dogecoin-whales-spot-next-10x-opportunity-as-altcoins-rally/)

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