The cryptocurrency market is buzzing with Ethereum news today as Remittix (RTX) sees its presale surge an astonishing 500%, while Ethereum attracts a massive $1.59B in institutional inflows. What does this mean for the future of DeFi and crypto? Let’s dive in.
Remittix Presale: A 500% Surge in Demand
Remittix (RTX), a cross-chain DeFi project, has raised over $17.5 million by selling 551 million tokens at $0.0842 each during its presale phase. Key highlights include:
- 50% bonus for early participants.
- Targeting an $18 million softcap by end of 2025.
- Q3 2025 launch of a Web3 wallet supporting Ethereum and Solana.
The project’s focus on real-world utility, including low-cost crypto-to-fiat transfers, has driven its success.
Ethereum’s $1.59B Institutional Inflow: A Game-Changer?
Ethereum is trading around $3,803, with institutional products seeing $1.59B in inflows last week. Key metrics:
| Metric | Value |
|---|---|
| ETH Futures Open Interest | $58B |
| BTCS Inc. ETH Holdings | 70,000+ tokens |
This signals strong long-term confidence in Ethereum’s ecosystem.
Why DeFi Projects Like Remittix Are Gaining Traction
Remittix’s success highlights a shift toward DeFi projects with real-world use cases. Its features include:
- Cross-chain functionality (Ethereum + Solana).
- Business-oriented APIs and CertiK audits.
- Passive income via staking.
Such innovations are bridging gaps in financial inclusion, especially in emerging markets.
What’s Next for Ethereum and Remittix?
Both projects face critical milestones:
- Remittix’s wallet beta launch in September 2025.
- Ethereum’s ability to sustain institutional demand.
Their combined focus on scalability and inclusivity could redefine global payments.
FAQs
Q: What is Remittix (RTX)?
A: A cross-chain DeFi project focused on low-cost crypto-to-fiat transfers.
Q: How much has Ethereum gained in institutional inflows?
A: $1.59B last week, outpacing Bitcoin’s net outflows.
Q: What makes Remittix unique?
A: Its Web3 wallet, cross-chain support, and focus on financial inclusion.
Q: When is Remittix’s wallet launching?
A: The beta is scheduled for September 2025.
