Could XRPs sluggish performance be related to a new payment token stealing headlines?

Technically, XRP is now approaching a big resistance level around $2.30, where its 50-day and 100-day EMAs cross. If it manages to break through this level, we could see it climb back to $3, which hasnt happened since March.

On top of this, the ongoing legal battle between Ripple Labs and the SEC has added some uncertainty. But with the SEC withdrawing its appeal, XRP has finally gained regulatory clarity, something that few other tokens have.

This clarity is attracting institutional investors, especially with XRP-linked ETFs starting to gain traction. ProShares approved the XRP ETF and were already seeing some benefits from that.

In fact, the first quarter of 2025 saw $37.7 million in inflows into XRP-related ETPs and were already at $214 million for the year.

Remittix set to disrupt cross-border payments

Remittix is a new project thats focusing on one thing and doing it right, revolutionizing the $100 trillion cross-border payments market. Instead of trying to be everything to everyone, Remittix zeroes in on delivering seamless crypto-to-fiat settlements.

Using its PayFi protocol, Remittix allows users to send funds directly to bank accounts around the world, using over 100 cryptocurrencies. The kicker？ 1% fees and zero FX charges, a pretty impressive deal compared to many other platforms.

What really sets Remittix apart is that it simplifies things. While other systems often require users to navigate complex DeFi transactions or use specific stablecoins, Remittix offers a direct bridge between crypto and fiat, making it user-friendly for anyone.

Beyond just individual users, Remittix is also developing a PayFi API for businesses. This API allows companies to easily integrate Remittixs payment system, helping both Web2 and Web3 customers make payments effortlessly.

For individual users, Remittixs non-custodial wallet focuses on privacy and user control, with staking rewards that can reach up to 18% APY for VIPs.

Currently in its presale stage, Remittix has already raised over $14.8 million and is priced at just $0.0757.

Conclusion

With XRP‘s growth slowing, Remittix is quickly becoming the go-to solution for cross-border payments. Its PayFi protocol offers seamless crypto-to-fiat settlements with low fees and zero FX charges. More and more people are jumping in and getting their place before it’s too late.