Cardano Faces Heat as New Viral Challenger Remittix Continues To Steal Spotlight; ICO Soars Towards $17M Raised

Remittix is fast attracting market-wide interest from whales and institutional investors. They recognize its momentum and are inspired by the appeal of its innovative PayFi solution.

There's also Remittix ($RTX), with consistent infrastructure development like its imminent wallet launch. Judging by the rise in large wallet accumulation, experts suggest a potential transition in smart-money focus to this utility-based fast-riser.

This shift also affects Cardano, with ADA Price activity reflecting reactions from its holders to slow ecosystem developments. Is Remittix set to steal the spotlight?

Why are Major Crypto Whales Accumulating Remittix ($RTX)?

Market data analysis demonstrates how Remittix has recorded a 112% increase in the large-volume RTX transfers in only a week. This report proves that whales are flocking into the Remittix presale in droves as the project closes on its $18M soft cap target.

This PayFi sensation has raised almost $17 million in funding and sold over 555 million $RTX tokens at $0.0811 apiece.

• Remittix is enjoying major adoption from whales as Cardano, Ethereum and Solana wallets continue to diversify into the low-cap crypto gem or completely move their investments.
• This project's growth is due largely to its practical use cases. In addition, the upcoming rollout of Remittix, a multi-chain non-custodial wallet, will allow users to complete crypto-to-bank conversions involving over 40 cryptos and 30 FIAT currencies.

Historically, whale activities are forerunners to more significant market events. As the market report indicates, this trend of institutional shift to utility-focused projects could help Remittix skyrocket and outshine ADA price potential 

Can ADA Price Surge Keep Cardano Ahead?

Cardano has enjoyed a positive run this month, with the ADA price rising by 5.24% again in the last 24 hours. With its current value at $0.7967 and a market cap of $28.15 billion, ADA's potential appears promising. 

Source: TradingView

Beyond this, the 98.99% spike in its 24-hour trading volume, which now sits at $2.43 billion, is noteworthy. Experts say this might be a signal that something bigger in ADA price growth might be imminent as Cardano records smart contract adoption growth and an increase in DeFi integrations.

While on-chain trackers show accumulation, the momentum falls short of Remittix's rapid rise and widespread acceptance. Cardano is still a leading Layer‑1 project to watch, but it doesn't offer the real-time payment infrastructure whales love with Remittix or the PayFi market potential $RTX holds.

The combination of whale accumulation and the presale inflows recorded reflects the market’s firm vote of confidence in Remittix ($RTX), while Cardano fails to match this height.

Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io/ 

Socials: https://linktr.ee/remittix

$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway