Remittix Tops $19M in Funding, Eyes Competition with SOL and ADA
Remittix has secured over $19.1 million in funding through its token sale, selling more than 594 million RTX tokens at around $0.0922 each. Remittix builds a PayFi infrastructure that enables low-fee, real-time crypto-to-bank transfers across 30+ countries. Key catalysts include a Q3 2025 beta wallet supporting Ethereum and Solana, a CertiK-audited platform, a pending CEX listing tied to the funding milestone, and a 40% bonus for early backers. While Solana (SOL) and Cardano (ADA) maintain strong positions with continued developer activity and institutional interest, whale accumulation now signals a shift toward utility-focused projects. Traders should watch Remittix’s wallet beta launch and exchange listings as potential price drivers. With substantial funding and clear delivery targets, Remittix emerges as a bullish altcoin to monitor in the evolving PayFi sector.
Bullish
The news is bullish for the crypto market, as Remittix’s $19.1 million funding round demonstrates strong investor confidence in utility-focused altcoins. Whale accumulation shifting from SOL and ADA toward RTX signals a broader move to projects with clear real-world applications. Upcoming catalysts—wallet beta launch, CertiK audit, and CEX listing—mirror past events where altcoins surged on concrete delivery milestones. In the short term, expect price upticks around testing and listing announcements. Over the long term, sustained adoption of Remittix’s PayFi infrastructure could underpin token value, much like how early utility deployment drove growth in chains such as Solana.