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.
The latest Ethereum price prediction is less optimistic than it was at the beginning of the year, with the potential delay in approving BlackRock’s spot Ethereum ETF. At present, the Ethereum price consolidates tightly within a range while its volume fluctuates heavily in the second quarter of the year.
Meanwhile, an Ethereum-based PayFi protocol, Remittix, is seeing a steep rise in demand, as investors contribute more than $14.75 million in funds. This combination of emerging projects and improved network capabilities might provide Ethereum with the boost to spark its upcoming price rally. Let’s explore!
Remittix prepares for next bullish phase, buoyed by rising demand for PayFi solutions
Source: Remittix
While Ethereum price action continues to stall with no market gains to show in April, Remittix is making presale news by selling over 532 million tokens within a fortnight of its launch. Behind this impressive rise is Remittix’s PayFi solutions being the bedrock for remote workers, freelancers, and international merchants to meet the demands of the evolving remittance sector.
With Remittix, individuals and corporate bodies can receive crypto payments in any part of the world and send them to any local bank account. This type of transaction is usually at a flat fee and comes with near-instantaneous settlement. It works like a regular banking app, and users just need to connect their crypto wallet to send cross-border payments in 50+ crypto pairs and 30+ fiat currencies.
Remittix also focuses on the average consumer and small businesses. Thus, it closes a critical gap that pioneers like XRP and XLM have failed to fill despite all their efforts in this sector. This potential significantly boosts its odds of penetrating and disrupting the $190 trillion cross-border settlements and remittances economy.
If Remittix can claim even 5% of this massive economy, massive inflows and transactions would send the Remittix market cap past $30 billion. When this happens, it will bring enormous growth to Ethereum as the Remittix native token, RTX, rises into the top ten crypto spots.
Ethereum price prediction: Market participants hope for a trend reversal amid Vitalik’s plans
The Ethereum price is consolidating around a crucial area, with bulls attempting to change the trend but failing to produce a clear breakout. However, the market sentiment for Ethereum remains optimistic as Vitalik Buterin assures the crypto community with his long-term plans to replicate Bitcoin’s simplicity and resilience.
Buterin explained in his recent blog post that upgrades like proof-of-stake (PoS) and Zero-Knowledge Succinct Non-Interactive Argument of Knowledge (zk-SNARK) integration have made Ethereum more robust. But, neglecting the simplicity of design has added to its costs.
From a technical perspective, an Ethereum price resurgence is still possible in 2025. In fact, Ali Martinez recently suggested that the critical support level for $ETH is at $1,770. The expert analysis is based on Ethereum’s recent on-chain data showing that ETH daily trade volume climbed by 12.66% to hit $10 million at the beginning of the month.
Source: Ali Martinez on X
Volume increase amidst a price decline can be interpreted as profit-taking or repositioning by whales ahead of the next move in the Ethereum price.
Conclusion
A potential market explosion awaits as Ethereum implements a simplified technical framework while receiving market attention from launching an innovative token network like Remittix. The new Ethereum-based token is vying for a share of the $190-trillion global payments market to produce significant gains for investors. Grab your share while the price is still low at $0.0757.
Discover the future of PayFi with Remittix by checking out their presale here:
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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.
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