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What Drives the Growth of XRP, Stellar, and Remittix in the Crypto Market?

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by Giorgi Kostiuk

2 days ago


Amidst the rising interest in altcoins, XRP and Stellar are back in headlines due to ETF rumors and significant protocol updates.

XRP and Its ETF Promotion

XRP is currently priced at about $2.84. Analysts believe that the token may soon enter price discovery territory. Technical analysts highlight a "cup-and-handle" formation, projecting XRP could achieve $19.27 by year-end. The demand for XRP ETFs, with 19 dedicated filings and 7 in diversified crypto baskets, has been a positive influence on the market.

CME futures data shows XRP reached $1 billion in open interest quicker than any other token, enhancing the bullish narrative. Ripple has entered new deals with financial firms like Thun and Linklogis. The combination of institutional adoption and regulatory clarity post-SEC case has strengthened XRP's position, although execution risks remain.

Stellar Update and Growth Opportunities

Stellar (XLM) is trading at $0.364 following the implementation of the Whisk upgrade, officially called Protocol 23. This update allows parallel transaction processing and enhances Soroban smart contract performance, paving the way for real-world asset (RWA) tokenization at scale.

Archax's plan to tokenize a $99 billion fund and Stellar's growing connections with firms like PayPal and VersaBank are early signs of adoption. In Q1 2025, the network processed $3.4 billion in RWA-related payments. On-chain accumulation by institutions has grown by 39% in six months. Analysts suggest Stellar might target a price range of $0.60 to $1.00 if the upgrade proves to deliver lasting performance benefits.

Remittix's Advantages in the PayFi Market

While XRP and Stellar hold established credibility, Remittix (RTX) is rapidly emerging as a significant prospect in the eyes of analysts. Unlike many speculative altcoins, Remittix is executing a clear PayFi strategy. Its merchant-ready Pay API, flat transaction fees, and support for over 40 cryptocurrencies and 30 fiat currencies make it a practical tool for freelancers and global businesses.

Key highlights driving Remittix's momentum include:

* Raising $24 million in funding, indicating strong global investor interest. * Selling over 645 million tokens, reinforcing market demand. * A current token price of $0.1030, presenting strong entry value. * Confirmed listings on BitMart and LBANK providing credible CEX exposure.

The crypto landscape is evolving with the tangible utility of XRP and Stellar, while Remittix shows substantial growth potential via a clear useful application and increasing investor support.

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