ADA Price Surges Toward $1.20 Milestone as New XRP Challenger Remittix Announces Major CEX Listing

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2025-08-22 20:34:00

Cardano's ADA isn't just climbing—it's gunning for the $1.20 threshold with bullish momentum that's turning heads across crypto markets. Meanwhile, fresh competition emerges as Remittix, positioning itself as an XRP rival, drops hints about an imminent major exchange listing that could shake up the remittance space.

The Timing Play

Remittix picks a perfect moment to enter the spotlight—just as regulatory clarity begins to emerge and institutional players start circling payment-focused tokens. Their upcoming CEX debut isn't just another listing; it's a strategic power move aimed directly at XRP's market share.

Market Mechanics at Work

ADA's push toward $1.20 reflects stronger fundamentals, not just speculative hype. Increased staking participation, growing DeFi integrations, and sustained developer activity create a foundation that could support even higher valuations—assuming the broader market doesn't do its usual 'two steps forward, three steps back' routine.

Because nothing says 'financial revolution' like watching your portfolio swing 30% before breakfast.

Cardano (ADA) is showing signs of renewed strength, with ADA price rebounding from key support levels. Whale accumulation and positive funding rates suggest growing bullish sentiment. Traders are closely watching the ADA price as it eyes the psychological $1 mark. It signals potential short-term upside.

Amid this backdrop, Remittix (RTX) is capturing the crypto market’s attention with real-world utility and impressive momentum. Having already secured a BitMart listing, Remittix prepares to unveil its second major CEX listing at the $22 million milestone. Thus, it is solidifying its position as a high-potential altcoin for 2025 and beyond.

ADA Price Eyes Short-Term Upside Amid Whale Accumulation

Cardano (ADA) is currently trading around $0.8704, rebounding from the $0.84 daily support after last week’s market dip. Santiment data shows that large ADA wallets have been accumulating tokens during the pullback, signaling renewed investor confidence.

The total accumulation of 130 million ADA by whales holding between 10 million and 100 million coins highlights strategic buying. It could fuel a recovery in ADA price toward the $1 mark.

Derivatives data further support the bullish outlook. Coinglass’s OI-Weighted Funding Rate indicates that more traders are taking long positions than short. The metric is turning positive at 0.0072% on Thursday. Historically, such flips have preceded sharp rebounds in ADA price, suggesting that momentum may favor bulls in the coming sessions.

The daily RSI for ADA is around 56. It is showing upward momentum after rebounding from neutral levels. At the same time, the MACD lines remain convergent, reflecting some indecision. If bullish pressure continues, ADA price could extend toward the psychological $1.00. However, a correction might see support retested at $0.84.

Remittix Surges Ahead with Second Major CEX Reveal

While ADA price shows potential, Remittix (RTX) is making waves with functional utility and explosive growth. Currently priced at $0.0969, RTX has sold over 612 million tokens and raised more than $20.6 million. The token’s recent milestone unlocks its second major CEX listing at $22 million, following the earlier BitMart listing, further increasing liquidity and market visibility.

The upcoming Q3 2025 wallet launch enhances cross-border payments, supporting over 40 cryptocurrencies and 30 fiat currencies, positioning Remittix as a practical solution for freelancers, businesses, and global remitters.

Global Payouts: Send crypto directly to bank accounts in seconds
Real-World Utility: Designed for businesses, freelancers, and remitters
Security First: Audited by CertiK for trust and transparency

Remittix’s combination of real-world application, strong tokenomics, and strategic exchange listings makes it a standout for investors seeking long-term growth and utility-driven adoption.

Conclusion

ADA price continues to attract attention due to whale accumulation and technical support levels, offering a potential rally toward $1. However, Remittix provides both upside potential and tangible use cases, appealing to investors looking beyond speculative moves. As more whales and retail investors accumulate RTX ahead of its second CEX listing and wallet launch, market confidence in Remittix’s trajectory strengthens.

For investors monitoring ADA price, Remittix represents an alternative with utility-first growth, real-world adoption, and significant upside potential. The contrast highlights the market’s shift toward altcoins with practical applications in 2025.