XRP Price To Continue Consolidating, Investors May Be Better Off With Rivals XLM & RTX

As the altcoin market gets a rebound, top coins like Ripple’s XRP and Stellar (XLM) are among the top gainers, with both coins rallying towards new month-on-month (MOM) highs. The bullish movement has caused optimistic predictions for the XRP price and XLM isn’t left behind.

However, experts are tipping a new Ethereum-based Payment Finance (PayFi) token as the next big thing in the altcoin market. After raising over $14.5 million in a few months, it’s easy to see why. Let’s find out if the new Remittix token could outperform XRP and XLM this year.

Remittix positions itself in the PayFi industry: Set for 100x gains or more?

Table of Contents

The PayFi industry has become one of the fastest-growing arms of the crypto space. This blockchain-powered payment system simplifies how crypto users move money around by providing them with accessible, fast and low-cost transaction channels.

Remittix understands how massive smooth payments are to the average cryptocurrency user, and that’s why it developed a solution called Remittix Pay. With this solution, users can move crypto funds directly into bank accounts in one place. For instance, a crypto user abroad can send money home to their family in BTC or USDT and have the receiver cash out their local currency.

But that’s not all. Traditional businesses looking to integrate crypto payments into their financial systems can create a virtual merchant account using the Remittix Pay API. That way, they can receive crypto payments from foreign clients and get the funds paid into their traditional bank accounts at zero fees.

With support for 30+ fiat currencies, Remittix is positioned as a top choice for cross-border transactions and international remittances. This is why investors have optimistic Remittix price predictions of 100x or more in 2025, which would be potentially driven by its massive adoption and post-launch success.

XRP faces competition from other remittance tokens

Speaking of remittances, XRP is a leading name for individuals and businesses. Due to its fast transaction speed and low costs, more people are adopting XRP for daily crypto transactions and large-volume cross-border payments.

As a result, we’re seeing more banks and financial institutions leveraging Ripple’s technology and XRP’s decentralization to boost their payment and settlement systems. The adoption by payment services providers, crypto investors and decentralized app (dApp) developers has rubbed off on the XRP price. However, a 10% decline in the past month signals bearish pressure and the presence of alternative remittance tokens like XLM and RTX is worth considering.

Is XLM set for a breakout above its red resistance level?

XLM has also been surging in recent weeks, with a 16% growth in the past week alone. Though the upward move in the XLM price is largely due to the bullish trend in the broader crypto market, the latest XLM news suggests that crypto whales are consolidating the XLM price to take it out of its red resistance level.

However, a complete turnaround in the XLM price after its 5-month slump remains uncertain, judging by its 6% decline in the past month.

Conclusion

XRP and XLM are top choices for crypto payments and cross-border remittances, but their days of leading the PayFi sector could be over with the emergence of Remittix. The new PayFi token is on presale and trading for $0.0757. Interested investors can buy RTX before it explodes.

Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

Stay Ahead of the Market with Benzinga Pro!

Want to trade like a pro? Benzinga Pro gives you the edge you need in today's fast-paced markets. Get real-time news, exclusive insights, and powerful tools trusted by professional traders: