XRP News Today: XRP Up 0.63% Despite $200M Sell-Off as Remittix Presale Hits $17.2M in Cross-Border Move

The XRP price has seen a modest 0.63% increase to $3.13 as of July 14, 2025, despite a significant sell-off by a Ripple co-founder who offloaded $200 million worth of XRP over the past 10 days. This activity has raised investor concerns, with daily trade volume declining by 39.57% to $10.1 billion, signaling cautious market sentiment amid regulatory and leadership uncertainties [1]. While XRP remains a dominant force in cross-border crypto payments, the sale has reignited debates about the token’s long-term viability, particularly among investors seeking projects with tangible utility and transparent development roadmaps.

Amid these concerns, Remittix (RTX), a cross-chain decentralized finance (DeFi) project, has emerged as a potential contender. The platform, which announced plans for a beta wallet release in Q3 2025, aims to streamline crypto-to-bank transfers across 30+ countries without relying on centralized exchanges. Its wallet will support over 40 cryptocurrencies and 30 fiat currencies, offering real-time foreign exchange conversion—a feature absent in many competing platforms [1]. This practical approach aligns with growing demand for solutions addressing real-world payment challenges, particularly among freelancers, businesses, and remittance users.

Remittix’s presale has raised $17.2 million, surpassing 567 million tokens sold as it nears an $18 million soft cap. The project’s tokenomics emphasize transactional utility over speculative hype, with a 50% token bonus during the presale phase attracting both retail and institutional interest [1]. Analysts note that Remittix’s focus on tangible use cases—such as low-cost, multi-chain cross-border transfers—differentiates it from projects relying on market speculation. The RTX token is currently priced at $0.0842, with its whitepaper outlining a token economy centered on genuine transaction volume.

The co-founder’s XRP sale has intensified scrutiny over regulatory risks, particularly for projects tied to centralized entities. In contrast, Remittix positions itself as a decentralized alternative, leveraging blockchain for direct peer-to-peer transfers. While XRP’s market cap remains at $185.99 billion, the shift in investor attention highlights a broader trend toward utility-driven tokens in 2025 [1]. Critics caution that Remittix’s potential must be balanced against long-term adoption rates and competition from established players. The project’s success hinges on executing its beta launch, securing partnerships, and demonstrating scalable infrastructure.

The market’s reaction to XRP’s leadership dynamics underscores evolving priorities among crypto investors, who increasingly favor projects with clear real-world applications over speculative assets. Remittix’s emphasis on practical solutions for cross-border payments and its presale traction reflect this shift. However, the project’s ability to sustain momentum will depend on its execution and alignment with user needs in a competitive landscape.

Source: [1] [XRP Price Worries As Ripple Co-Founder Sells $200M ...] [https://cryptodaily.co.uk/2025/07/xrp-price-worries-as-ripple-co-founder-sells-200m-worth-of-xrp-in-past-10-days-is-this-rival-now-a-better-bet]