XRP News Today: XRP and XLM Eyes on Q4 2024 Gains as Remittix Emerges as New PayFi Contender

XRP and XLM holders are optimistic about a potential repeat of the 500% gains seen in Q4 2024, with many monitoring technical indicators and broader market sentiment for signs of renewed momentum. XRP is currently trading at $3.04, having bounced off the $3.00 level, and is facing resistance at $3.60 and $4.10. Traders are hopeful that a breakout could lead to another sharp rally, particularly with ongoing developments such as the adoption of Ripple’s RLUSD stablecoin [1]. The XLM price, meanwhile, remains above key support levels despite a 5% drop in the past 24 hours, with trading volume hitting $501 million. A recent integration with Visa’s stablecoin settlement network has boosted institutional interest in Stellar, and some analysts, like Ali Martinez, are watching for a potential flag pattern that could signal a move toward $0.80 [2].

While XRP and XLM show signs of strength, a newer player in the DeFi space, Remittix, is gaining traction due to its real-world utility and user-friendly design. Remittix (RTX) differentiates itself by offering direct crypto-to-fiat transfers in over 30 currencies without relying on centralized exchanges. This includes support for Ethereum and BSC, as well as the use of stablecoins to mitigate volatility during transfers. Four key features position Remittix as a serious contender: multi-crypto and fiat support, automated smart contracts, stablecoin-backed value, and a decentralized bridge between crypto and traditional banking [3]. The platform’s wallet is set to enter beta on September 15, and it is already being seen as a potential disruptor in the PayFi space.

The current dynamics in the crypto market suggest that while XRP and XLM are still in the spotlight, their future performance may depend on whether they can maintain the same momentum as in Q4 2024. Remittix, on the other hand, is emerging as a project with tangible use cases and growing adoption, which could make it a preferred choice for investors looking for real-world impact. Whether XRP and XLM can reclaim their 2024 dominance or if Remittix will outpace them in 2025 remains to be seen, but the conversation is shifting toward the latter’s potential to redefine cross-border transactions.

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[1] XRP and XLM Holders Are Expecting A Repeat Of Q4 2024 500% Gains, But Is Remittix The One To Watch? (https://coinmarketcap.com/community/articles/6893334ee874124e573c7a35/)