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PRESS RELEASE.
The Ethereum price recently came to life after the US-China political tussle dampened investors’ sentiment. The changing tide had analysts identify a potential bullish surge to $2,000 in Ethereum’s price. This momentum is fueling a surge for many ERC20 projects, including the new Remittix Ethereum-based PayFi protocol.
The PayFi token has been on investors’ radars due to its game-changing solution for cross-border payments. In fact, thousands of investors have flocked to its ongoing presale, which raked in over $14.5 million in record time. What’s next for Ethereum and promising Ethereum-based projects like Remittix? Let’s explore!
The Ethereum price shows promise: Experts target key levels above $2,000
Ethereum’s price finally got a boost from the bulls. In the past seven days alone, the altcoin has gained 8%, a relief from its woeful performance last quarter. This push has helped ETH reclaim the $1,800 level after it bottomed out at $1,400 amid the Trump administration’s tariff war with China. Crypto gurus believe Ethereum will continue its positive strides in the market, especially as the date for its Pectra upgrade nears.
Additionally, Ethereum recently received an institutional boost, as US Ethereum ETFs experienced their largest single-day inflow since February. The recent injection was valued at $38.74 million, ending Ethereum’s streak of negative flows over the past seven days. This bullish event indicates that Ethereum is regaining market confidence.
From a technical perspective, Ethereum is still in the oversold territory on the daily and weekly timeframes, creating favorable conditions for a rebound. Analyst Crypto Pateleven pointed out a bullish mitigation block that signals trend continuation above $2,000.
Echoing the same sentiment, Ali Martinez predicted that ETH could kickstart the altcoin season if it breaks through the supply wall at $2,330.
Remittix prioritizes real-world use over buzzwords and promises
The bullish Ethereum price prediction has rippled through the altcoin market and the new Ethereum-based Remittix project is riding that momentum. Even in its ongoing presale, Remittix and its world-class payment solution have broken limits raking in over $14.5 million in its ICO raise. The PayFi protocol expands Ethereum’s use cases to the $190 trillion payment market by offering a faster, cheaper and better way to facilitate cross-border remittances.
Remittix bridges the gap that conventional platforms like Stripe and Wise left behind in the payment market. Its PayFi solution allows anyone to transfer cryptocurrency and instantaneously convert it to fiat across borders. Think of it as the “bank for the unbanked,” a payment platform accessible to everyone without centralized control, geographical discrimination, or predatory charges.
Remittix’s innovation is backed by strong security. Its offerings are regulatory compliant and smart contracts have been audited. That’s in addition to the in-house DeFi offerings, such as staking opportunities, that Remittix offers to investors. So, it’s easy to see why its presale has been a huge success. Just $0.0757—that’s the small price to pay for a project that could redefine global finance forever.
Conclusion
Ethereum remains a solid project with considerable upside potential. However, Remittix’s presale momentum, immediate application, and growing robust investor backing are all key reasons that experts predict it will surpass the Ethereum price prediction.
The $190 trillion remittance market is enormous and largely untapped. All that Remittix proposes are actual solutions for this sector, not hypothetical future promises. Its presale is still selling fast.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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