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Cardano Falls Back To $0.80 As Traders Rotate Into High Growth Play Remittix Can ADA Regain Its Bullish Trend?
The Cardano price is losing altitude again, slipping back to $0.80 after failing to break the $0.88 resistance. It’s a quick reversal from last week’s momentum and it has some ADA holders worried that bullish sentiment might be fading.
At the same time, whale tracking platforms are picking up a steady rotation of capital into high growth altcoins. One name keeps coming up: Remittix (RTX), a DeFi project that’s becoming a hotspot for early stage crypto investment.
Cardano Price Struggles to Hold Gains
After rallying earlier this month, the Cardano price has pulled back nearly 9% in a week. Cardano News analysts point to profit-taking from swing traders and declining volume as short-term headwinds. While ADA still ranks as a best long term crypto investment for some, near-term charts show weakening momentum.
Source: TradingView
ADA price bulls will need to defend the $0.78–$0.80 range to avoid a deeper retrace. But with market attention shifting to low cap crypto gems with bigger upside, holding investor focus may be a challenge.
Why Remittix Is Gaining Traction
While ADA cools off, Remittix (RTX) is accelerating. The project isn’t competing in the Layer 1 race. It’s dominating a payments niche that no major chain has fully captured.
Here’s why Remittix is getting all the attention:
Live payout rails already spanning 30+ countries
Over 50 crypto tokens supported for direct-to-bank transfers
Mobile wallet with built-in FX tools launching Q3
$18.5M+ milestone reached with accelerating on-chain adoption
This is more than hype. The $250,000 Remittix Giveaway is pulling in new users daily, and its low gas fee crypto model makes it practical for mass adoption. Investors who missed early gains in other top crypto under $1 plays are loading up now.
ADA Needs Momentum, RTX Has It
The Cardano price can still recover, but it needs volume, narrative, and new capital inflows to do it. Right now, those three things are moving toward Remittix.
In a market where attention drives price, ADA is on defense while RTX is pushing forward. That’s why traders chasing the next big altcoin 2025 are making the switch.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
Filed under: News - @ August 10, 2025 5:30 pm