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Crypto Daily 2025-02-18 19:51:39

Was Last Week's Ripple (XRP) Rally A Sign Of Things To Come? XRP Whales Are Accumulating These Other Payment Tokens

Dogged by years of legal uncertainty, Ripple’s XRP still soared by 11% last week, hitting $2.82 after the SEC acknowledged the first-ever XRP ETF applications from Grayscale and NYSE. This market jolt leads some to speculate that XRP could one day flip Ethereum in valuation. Meanwhile, Remittix has caught the eye of major crypto whales seeking the next big payment token. The digital payments sphere has never been more dynamic. While Ripple aims to capitalize on regulatory tailwinds, other projects are carving out fresh use cases that go beyond cross-border transfers. Remittix, for example, offers a PayFi approach that unites blockchain’s speed with the simplicity of traditional finance. As XRP whales hunt for promising alternatives, Remittix’s presale success hints at a broader shift in where smart money is flowing. Ripple’s Ongoing Surge and ETF Buzz Ripple’s XRP has been on a tear, rising 400% in market value since last year and briefly reaching an all-time high of $3.40 on January 7. This momentum got an extra boost on February 13, when the SEC officially acknowledged the XRP ETF filings. Although Bloomberg Intelligence analyst James Seyffart noted the move was mostly expected, it triggered excitement. Even major financial institutions see the potential. JPMorgan projects over $8 billion could flood an XRP ETF , echoing the optimism shared by Bloomberg ETF experts who peg the likelihood of approval by 2025 at 65%. For XRP, nailing an ETF would mean broader exposure, possibly luring in traditional investors wary of buying and storing crypto directly. With the token up 11% in a single day, some believe a new uptrend could be on the horizon. Factors Fueling XRP’s Rally ETF AcknowledgementRegulatory clarity around an XRP ETF often sparks bullish sentiment. The February 13 acknowledgment initiated an official review period, awakening market optimism. Consistent DemandRipple’s cross-border remittance solutions continue to attract banks and payment providers. Even with legal hurdles, partnerships keep the ecosystem alive. Whale AccumulationLarge holders are doubling down on XRP amid ETF hopes. Accumulation at lower prices can signal confidence in the token’s long-term potential. Technical MomentumSurging to $2.82 before retracing, XRP’s chart patterns show strong buying interest. Some traders eye $3.80 as the next key resistance. Remittix: The New Payment Token Whales Are Flocking To While XRP basks in renewed attention, Remittix has quietly raised over $12 million through its presale, selling more than 460 million tokens at $0.0599 each. Its PayFi model stands out in a crowded market by blending decentralized finance with the everyday convenience of bank transfers. Instead of forcing recipients to handle crypto wallets, Remittix instantly converts digital assets into fiat for direct deposit into standard bank accounts. This real-world utility has drawn major whale investors. In regions where traditional banking is limited or costly, Remittix promises a major boost in financial inclusion. A migrant worker, for instance, can send stablecoins back home through Remittix, only to have the funds land as local currency in their family’s bank account. Flat fees and no hidden surcharges eliminate the unpredictability found in some remittance platforms. The transparent tokenomics also fuel Remittix’s appeal. Team tokens are locked for three years, liquidity is locked for the same duration and the contract is audited. This safeguards early buyers while ensuring community-driven governance. As more whales stack up Remittix, there’s growing speculation that it could outpace even top altcoins particularly if XRP’s momentum falters or stalls. Remittix Is The Top Choice XRP’s 11% surge on February 14 underscores the power an ETF acknowledgment can wield in today’s volatile crypto markets. Some foresee Ripple’s token flipping Ethereum in time, while others remain cautious until a definitive SEC approval materializes. Against this backdrop, whales have begun exploring new payment tokens with broader utility beyond remittances, especially those aiming to solve crypto’s mass-adoption woes. Here, Remittix stands out as a prime example. Its PayFi protocol promises a user-friendly gateway into global finance, sparing recipients from navigating the complexities of crypto. Already drawing major funds in its presale, Remittix demonstrates how the appetite for innovative payment solutions is mounting. For savvy investors looking beyond XRP, Remittix might just be the next star that reshapes the future of cross-border transactions. Want to see how Remittix might outpace XRP? Check it out here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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