The post Ethereum Price Eyeing $3K, With ETH Tokens PEPE, RTX To Continue Skyrocketing appeared first on Coinpedia Fintech News

Ethereum price is gearing up for an upward move, targeting the $3,000 mark—a level that could trigger a broader breakout across its ecosystem. Interestingly, as ETH climbs, tokens built on its platform often follow, and PEPE is no exception, thanks to its strong community support and steady price action.

However, one new ETH token, Remittix (RTX), is quietly stealing the show. It emerges with a focus on making online payments easy and reliable. Find out what is currently making these tokens key players to watch in the market.

Ethereum Price Eyes Recovery As Whale Activity And ETF Inflows Rise

Source: Glassnode

Ethereum’s supply on major exchanges has dropped to a 10-year low as large investors buy and hold more ETH. Over 1 million ETH were removed from exchanges in just one month, indicating strong confidence in Ethereum’s future. Since late April, large holders have added over 450,000 ETH, reaching their highest ownership since March.

Source: Ali Martinez on X

Institutional interest is rising, with $30 million invested in the U.S. Ethereum ETFs last month and BlackRock managing over $2.9 billion in ETH assets. Recent upgrades, such as the Pectra Upgrade, have enhanced Ethereum’s network and boosted Layer-2 activity.

Source: Ali Martinez on X

Despite the Ethereum price being down 49% from its all-time high of $4,891, experts anticipate a recovery, targeting $3,000 as an initial goal.

Dormant PEPEWhale Sparks Major Market Rally

Source: X/LookOnChain

A dormant PEPE whale re-emerged after two years, withdrawing over 2.2 trillion PEPE tokens worth approximately $29 million from Binance in two separate transactions within 24 hours. This large-scale withdrawal, moving roughly 2% of Binance’s PEPE reserves into self-custody wallets, signals a shift toward long-term accumulation and renewed confidence in the meme coin’s future.

Source: Coinmarketcap

Following the whale’s activity, PEPE’s price surged significantly, marking a 72% gain over the past month. PEPE price rally also boosted derivatives markets, with $2 million in short position liquidations and a 15% increase in futures open interest, which now exceeds $500 million.

Remittix: Making Crypto Payments Actually Useful

What sets Remittix apart isn’t flashy branding or speculative frenzy. It’s the fact that it works, and it solves a problem most crypto users have run into at least once: how to send money using crypto and have the other person receive actual fiat in a bank account.

Remittix makes that possible in just a few clicks. Users connect their wallet, enter recipient details, and send crypto. Conversely, the recipient receives fiat directly into their bank account. There are no extra apps, no exchange logins, no blockchain learning curve, just results.

This simplicity hides a powerful engine behind it. Remittix uses Ethereum’s smart contracts and local payment networks in over 100 countries to quickly convert crypto to fiat, often on the same day. It supports more than 30 local currencies and ensures no foreign exchange markups or hidden fees, so what you send is exactly what they receive.

From freelancers invoicing across borders to businesses settling payments in real time, Remittix opens up various possibilities. It’s a DeFi solution built with TradFi usability, bridging two worlds that usually struggle to communicate.

Remittix Presale Momentum Builds With Over 537 Million Tokens

With the current price set at $0.0781, RTX has already seen a whopping $15.2 million raise in presale. The next phase will push the price to $0.0811, offering a final opportunity for investors to lock in at a competitive rate before broader market exposure.

Adding to the excitement, the token’s limited supply of 1.5 billion ensures scarcity, further driving potential value. Participants also have the chance to enter a $250,000 giveaway, with 10 winners sharing the prize. So, don’t wait on the sidelines. Join the new PayFi revolution with Remittix’s presale.

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

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

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Filed under: Bitcoin - @ May 22, 2025 6:01 am