As is normal with most DeFi projects, Avalanche has been developing on the side despite the dominance of bears in the crypto market. The AVAX network is rolling out Visa credit cards now as part of its latest technologies, and the AVAX price has recently gotten better for it.
A bullish rally is on the horizon, and many top altcoins are already responding accordingly. Remittix is leading the line of new projects in the market too, as traders have been storming the presale website for some RTX tokens of their own.
The new Remittix project is the hottest topic in the crypto market at the moment, even among Avalanche and Solana traders. Here are some reasons behind that.
Avalanche Credit Cards to Aid Crypto Adoption
The Avalanche network has made a name among the top cryptocurrencies as one of the most innovative ecosystems, possibly after Ethereum. With the growing wave of crypto adoption across economies, Avalanche introduced some new developments last month to stay ahead of the curve.
The AVAX blockchain will be issuing Visa credit cards to users through which they can spend their Avalanche assets. All Avalanche-based assets, from the AVAX tokens to wrapped AVAX and stablecoins issued on the network, are available spending options on the credit cards.
According to reports from CoinDesk, the Avalanche debit cards were issued in partnership with Rain, the blockchain card issuing platform. The Avalanche Foundation also stated in October 2024 that the credit cards will sign up more users from Latin America and the Caribbean before focusing on other regions, and the adoption process has already seen considerable progress from there, as well as from Africa and Southeast Asia.
Avalanche and Solana: What’s Driving Their Price Movements?
The credit cards on Avalanche were issued about a month ago, and they might be a contributing factor to the recent spike in the AVAX price. The token is currently trading at $20.03, with a 2.52% spike in the weekly timeframe, even though the token has slumped considerably in the past few days.
Many analysts have also pointed out that the AVAX price is finally breaking out of its correction phase. The Avalanche token made a 35% recovery from its $15 low on March 11, and the charts show that the AVAX price has completed an ABC corrective wave.
But while Avalanche might have potential for short-term returns, the token is still stuck in limbo. It’s even worse with Solana, as the declining network and DEX activity have contributed to a drop in the Solana price. The Solana token was rejected at the $145 level during the week, and its price has fallen to $126.19, bringing its seven-day charts back into 2.25% losses.
For most traders, it’s up to the new projects to set the pace for profits in 2025, and Remittix (RTX) seems to be the best crypto at the moment. Here’s more about the new project and why everyone is trooping to its presale.
Remittix to Open APIs for Smooth Withdrawals
Crypto traders are often faced with the familiar dilemma of the fastest, cheapest options to get their crypto assets from the blockchain into their fiat accounts for checking. Over the past decade, there hasn’t been a clear pathway for that, but now we have Remittix.
The new project is concerned with helping users convert their crypto assets directly into fiat currencies and resolving them into appropriate bank accounts. It’s as easy as transferring tokens from one wallet to the other, and users get to avoid intermediaries in the transaction.
That means any crypto trader can pay for tuition fees online, transfer money to relatives abroad, and even clear a cart on Shopify, all directly from their crypto hot wallets. The Remittix API only needs the recipient’s bank account details to make the transfer.
The best part is that Remittix is already expanding fast. The platform supports about 30 fiat currencies and over 40 cryptos, so traders can scarcely get stranded for withdrawal options. The world is gradually adopting cryptocurrency as a form of payment, and, like Avalanche, Remittix intends to stay ahead of the curve.
Stay Ahead With Remittix!
The next best thing is to join the growing Remittix community, and you’d find a lot of traders going there already. The RTX tokens have been the talk of the crypto-verse for the past two months, and they are still selling at bargain rates.
Each Remittix token costs only $0.0734, but they are set to rise with each presale stage. Get yours now, and start anticipating the big 130x spike post-launch.
Don’t miss out on Remittix today!
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
