Ethereum Eyes $5K Rally as Remittix Presale Heats Up
Ethereum price is trading near $4,400 and building pressure below $4,550 resistance. Institutional inflows—led by BlackRock’s ETHA ETF with over $20 billion—have pushed total Ethereum ETF assets above $30 billion. Technical momentum points to a potential surge to $5,000 by September. DeFi newcomer Remittix has raised $24 million in its presale, selling 645 million RTX tokens to over 25,000 holders. Built on Ethereum with CertiK-audited contracts, Remittix offers cross-chain PayFi settlements to bank accounts in 30+ countries at 0.1% fees. Upcoming milestones include a Q3 beta Web3 wallet, deflationary burns, a $250,000 community giveaway, and a planned CEX listing. These developments position Remittix for strong altcoin performance and potential 25x returns. Traders should monitor Ethereum ETF flows and Remittix presale stages for timely entry points.
Bullish
This news is bullish for Ethereum and broader market sentiment. In the short term, heavy inflows into Ethereum ETFs—led by BlackRock’s ETHA fund—and positive technical momentum below key resistance signal potential price acceleration toward $5,000. The all-time-high presale activity of Remittix underscores growing DeFi demand on Ethereum, attracting new capital and network usage. Over the longer term, institutional adoption via ETFs and real-world PayFi solutions from projects like Remittix support sustained demand and ecosystem growth. Traders may respond with increased buying pressure, boosting market liquidity and upward price potential.