Remittix (RTX), a new DeFi payment solution on Ethereum, is rising fast to usher the Ethereum network to the $194 trillion cross-border remittances market. This new development has left crypto analysts dishing out bullish Ethereum price predictions. Some now posit that ETH could smash the $4k as RTX soars over 10,000%! Here’s why.
Remittix (RTX): a new crypto-to-fiat network on Ethereum
Sending money internationally through traditional remittance channels like MoneyGram or Western Union could easily cost 5-10% in fees, with waiting times of 2-5 business days. That comes to an end with Remittix (RTX), an upcoming Ethereum-based dApp that connects crypto assets to traditional fiat payment systems across the world.
Seamlessly merging the speed of crypto with the convenience of fiat enables RTX to power real-time cross-border transfers with over 100 cryptocurrencies and 30 fiat payment settlement options at a minimal 1%. In a nutshell, RTX slashes the crippling delays and high costs that consumers face with traditional bank wires.
Offering consumers and small business owners a faster and cheaper alternative positions Remittix to disrupt the massive $194 trillion cross-border payments sector. Capturing even 1% of this massive treasure chest of cash would push the platform’s market into the billions, bringing substantial DeFi growth on Ethereum!
Ethereum price is on the up
Ethereum tumbled to the $1,380 zone in April this year. That’s a killer demand zone where it surged to hit a new yearly high of $4.1k last year. The dip sparked a wild buying spree, rotating the ETH price back up to flirt with the $2.7k level.
Ethereum bulls are now expected to push toward the $3k resistance zone in the near term. If ETH blows past this level, market pundits predict it might continue its upsurge, potentially blowing above $4k!
Ethereum price prediction: Can ETH smash $4k this year?
An 81% bullish community sentiment and bullish Ethereum price prediction spell a bright future for the largest altcoin. Per CoinCodex data, ETH is forecasted to pull a nearly 100% upshot this year, smashing the $4.1k psychological barrier and blazing across to print a new ATH in the $5.3k region!
Beyond price action, the Ethereum network has recently witnessed several milestones that could supercharge the asset price to new heights. For instance, Ethereum‘s staking has reached a historic high of $34.83 million ETH and over 1 million active validators.
This impressive growth comes amid increased institutional interest, evidenced by a recent $281M capital influx into Ethereum spot ETFs, signaling rising interest in the asset. Ethereum has also continued to stamp its authority in DeFi following a $10B USDC integration into Ethereum Layer 2 by Circle.
With upcoming DeFi payment solutions like Remittix bracing to bring the highly valued cross-border payment sector to the Ethereum network, a move to $4k appears like small potatoes for ETH!
The real deal stops with RTX
If ETH hits above $4k, that would just be a 2x return from current rates. While that’s a solid return for a big asset like ETH, savvy investors are pouring capital into the real trigger project itself, RTX, which is predicted to blast up over 100x!
Crypto whales have already scooped up over half a trillion RTX tokens, pushing the Remittix presale past $15.6 million. Tokens are flying off the shelves at a $0.0781 bargain price. Act quickly and load up before this growth beast rockets out of reach!
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
