XRP News Today: XRP Surges 2.86% on ETF Hype, Remittix Builds Real-World Impact

Generated by AI AgentCoin World
Thursday, Jul 17, 2025 2:44 am ET1min read
Aime RobotAime Summary

- XRP rises 2.86% to $2.95 amid growing anticipation for potential ETF approvals, attracting institutional and retail investor attention.

- Analysts highlight technical signals like a seven-year Double Bottom pattern, projecting $38 price targets if ETF momentum accelerates.

- Competitor Remittix (RTX) builds real-world adoption through fiat-crypto remittance pilots in Southeast Asia and West Africa.

- Remittix distinguishes itself via $16.5M funding and instant cross-border payments, contrasting with hype-driven crypto projects.

XRP, the native token of Ripple, is gaining significant momentum as excitement builds around the potential launch of XRP Exchange-Traded Funds (ETFs). This surge in interest is driving both institutional and retail investors to take notice, with many analysts predicting a major breakout for XRP. The current price of XRP is $2.95, and it has seen a 2.86% increase, indicating a potential for a larger upward movement.

Analysts like John Squire are optimistic about XRP's prospects, suggesting that the token is entering a parabolic phase. Gert van Lagen, another prominent analyst, points to technical indicators such as a seven-year Double Bottom and Ascending Triangle pattern, setting a conservative price target of $38. EGRAG CRYPTO's RSI analysis further supports this bullish outlook, indicating that XRP is in the early stages of a classic three-stage move: the initial pump, the cycle bottom, and the explosive final rally. The potential approval of XRP ETFs could reinforce this bullish pressure, pushing XRP towards a new all-time high.

While XRP is making headlines with its ETF momentum, another contender, Remittix (RTX), is quietly building real-world impact. Remittix aims to simplify global money transfers by removing the friction of banks and centralized exchanges. The platform uses a decentralized engine to convert over 100 tokens into fiat instantly, significantly reducing remittance costs. Remittix is already piloting in Southeast Asia and West Africa, regions with high transfer fees and limited banking access.

Remittix's practical approach to decentralized remittance is attracting investors who are looking for utility-focused projects. The platform enables direct crypto-to-bank payouts in minutes and has raised over $16.5 million in funding. Additionally, Remittix is offering a $250,000 giveaway for early users and has licensing plans underway across Asia and Africa. This focus on functionality and real-world application sets Remittix apart from hype-driven meme tokens, positioning it as a practical bridge between crypto and the fiat world.

As XRP continues to gain traction with its ETF excitement, Remittix is steadily building a foundation for the future of decentralized remittance. While XRP chases headlines, Remittix is making tangible progress with its mission to simplify global money transfers, attracting smart capital and real-world adoption.

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