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The bulls are back! Ethereum is hovering above the critical resistance level, but the good news is that fresh data from leading analytics platforms reveals a dramatic drop in exchange-held ETH. Yet, as Ethereum gears up for this rally, smart investors are looking beyond just holding ETH. They’re exploring projects atop Ethereum’s infrastructure, especially those solving real-world problems.
Among such projects, one appears to be a rising star in the cross-border payment sector. It is already capturing attention with its practical utility and effortless interface. Read on to learn more.
Ethereum Price Prediction: Shrinking Exchange Supply and Whale Activity Hint at June Surge
Ethereum balance on exchanges. Source: Glassnode/Ali Martinez
According to Santiment, Ethereum’s supply on centralized exchanges has dropped to just 4.9%, the lowest in over a decade. Over the past five years, 15.3 million ETH have been withdrawn, with 1 million ETH exiting exchanges in the last month alone, per CryptoRank.io. This trend shows investors are choosing to hold ETH, a bullish sign for Ethereum price prediction.
Ethereum holders by value. Source: Ali Martinez on X
Large investors are leading the charge—whale wallets have added over 450,000 ETH since late April. As of May 10, these wallets held 40.75 million ETH, the highest level since March. This rising accumulation shrinks exchange supply and builds pressure for a possible price breakout.
Institutions are also piling in, with U.S. spot Ethereum ETFs seeing $30 million in net inflows over the past month, based on SoSoValue data. BlackRock alone now holds $2.9 billion in ETH. With regulatory clarity and ETF staking potential under SEC review, the Ethereum price prediction for June is leaning strongly bullish.
Ethereum analysis. Source: Ali Martinez on X
According to analyst Ali Martinez, a move above the $2,588 resistance level could slingshot ETH to $3,000 and possibly $4,000 if the momentum is sustained.
From Blockchain to Bank Account: How Remittix is Redefining Global Payments in Real Time
As Ethereum approaches a new all-time high, the next wave of wealth will likely come from utility-driven projects like Remittix. Unlike traditional remittance systems that take days and charge heavy fees, Remittix enables users to pay fiat into any bank account globally using crypto—within minutes.
For example, a freelancer in Argentina can now send their Ethereum earnings to their mother’s bank account in India within the same day, using Remittix’s local payment rail integrations. This eliminates the wait time and fees typical of SWIFT and wire transfers.
The simplicity of the user interface is a major win. Users simply connect their wallets, like MetaMask, and select a recipient bank account. There are no complex forms or conversion headaches. Remittix supports 30+ fiat currencies, making it an attractive option for digital nomads, expats, and global freelancers.
Remittix Presale Heats Up with Limited Supply and Rising Demand
The Remittix presale is nearing its end, so now is the best time to get involved. Today’s presale record shows that more than $15.3 million has been raised. At the current presale price of $0.0781, investors are encouraged to enter before the next tier increases to $0.0811.
The part that resonated with many investors is Remittix’s built-in passive income system. Token holders can earn up to 8% APY on staking. With a limited token supply of 1.5 billion RTX and 50% allocated to the presale, scarcity is baked into the ecosystem. This means early buyers benefit from transparent, deflationary tokenomics with no threat of inflation diluting their holdings over time.
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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