Over the past week Cardano has faced several declines as the crypto market continues to fight bearish momentum. The project has seen a 15.60% decline in the last week alone causing Cardano to drop below its $1 resistance. With more declines potentially on the way, investors are diversifying to a new cryptocurrency set to disrupt a $190 trillion market. With early backers seeing significant gains, this token is surging to new highs, making it a top presale token for savvy investors.
Charles Hoskinson Reveals Cardano’s Origins Amidst Network Advancements
Input Output Global (IOG) founder, Charles Hoskinson, has revealed Cardano’s early development tactics and detailed the company’s initial token valuation. According to Hoskinson, IOG’s ADA holdings were worth around $8 million in 2015—a notable disclosure that offers new insight into the network’s foundational years. This comes as ADA trades at $0.96, drawing increased attention to Cardano’s progress and its evolving ecosystem.
Development on the network remains active, with initiatives like the integration of BitcoinOS on the horizon. This move could unlock access to over $1.4 trillion in liquidity, signaling a strategic effort to enhance Cardano’s utility and competitiveness. Meanwhile, the Midnight scaling project is under development, aimed at bolstering the network’s performance and scalability.
Despite these advancements, some major stablecoin issuers, including Circle and Tether, have yet to fully adopt Cardano, citing concerns around DApp adoption and transaction volumes. However, recent successes, such as a 33% increase in total value locked (TVL) and the addition of over 10,000 new wallets post-Chang Hard Fork, highlight growing momentum. With a bullish market outlook and the potential for a Cardano spot ETF, experts predict the token could reach $7 by 2025.
Remittix: Revolutionizing Cross-Border Payments for a Seamless Future
Sending cash across borders remains challenging for millions of people. Traditional SWIFT and modern services like Coinbase fail to address the delay and high fees that dissuade users. Recognizing these pain points, Remittix has built a cross-border payment system that utilizes blockchain technology, making international cash transfers simple, fast, inexpensive, and transparent. By supporting over 40 cryptocurrencies, the platform ensures instant conversion into over 30 fiat currencies like USD and GBP, eliminating delays that plague traditional methods.
For companies and individuals, frustration with complexities and fluctuating exchange rates could sabotage financial planning and opportunities. Thanks to Remittix’s flat fee structure, recipients receive the full amount sent. Hidden fees and unfavorable exchange rates, often associated with banks, are no longer a concern. Businesses also benefit significantly. With tools like the Remittix Pay API, companies can accept cryptocurrency payments and settle them in fiat, simplifying payroll and international transactions while cutting operational costs.
The platform’s $RTX token adds even more value. Beyond its role in governance, it offers staking rewards between 4% and 8% APY, with VIP members earning up to 18%. This feature attracts passive income seekers, making Remittix not just a payment system but an investment opportunity.
Security and transparency are non-negotiable at Remittix. With audits conducted by SolidProof and BlockSAFU, users can trust the system. Now in presale at $0.0207, the $RTX token is expected to provide massive returns while addressing both financial inefficiencies and the demand for safe, lucrative investments.
$RTX Tokens See A 30% Rally
$RTX tokens are taking over the crypto market and whales from established altcoins are shifting some of their investments into owning them. With early backers already seeing returns of over 30%, Remittix is gaining huge momentum as experts join the presale.
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