Ethereum On-Chain Volume Surges in December as Whales Gobble Up This New ETH-Backed Token

Ethereum's blockchain just lit up with activity—December's on-chain volume spiked hard. The cause? Deep-pocketed investors aren't just watching; they're accumulating a new token backed by ETH itself.

The Whale Signal

Forget quiet accumulation. Large transactions are flooding the mempool, pointing to coordinated buying pressure from entities that move markets. This isn't retail FOMO; it's capital making a calculated move into a fresh asset built on Ethereum's foundation.

Beyond the Hype Cycle

The token's ETH-backing provides a tangible anchor—a nod to real collateral in a space often fueled by vaporware promises and charismatic founders. It's a structural play that appeals to investors tired of narratives that evaporate faster than a memecoin's liquidity.

The Bottom Line

When volume spikes and whales move, it pays to look at what they're buying, not just what they're saying. This accumulation suggests a bet on utility over pure speculation—a rare, if slightly cynical, glimmer of sense in a sector that sometimes confuses a Twitter thread for a business model.

Ethereum Price Prediction: Can ETH Recover From Q4 Setbacks?

Truly, ETH has experienced sluggish upside momentum. Still, it sits above one of its strongest macro support levels, around $2,800. Here are three important predictions according to market fundamentals and technical analyses:

• Bullish Run Continues: A clean break above $3,400, like the $3,200 resistance, opens the path toward the $3,800 macro aim.
• Neutral or cautious sentiments: Failure to hold the $2,800 level invites a dip toward the $1,600 rejection point.
• Bearish extreme: A deeper correction could expose the $1,200 zone if market momentum fades.

Source: DisruptiveBytes/X

The chart structure remains constructive, but most analysts agree on one reality: ETH is growing more slowly than projects delivering user-facing utility right now, especially in payments and off-ramps. This gap is exactly where Remittix is pulling market share.

Remittix: The PayFi Breakout Fueling Whale Rotation

While Ethereum headlines revolve around delayed upgrades and layer-2 congestion, Remittix has taken a far more aggressive approach:

• Live iOS Wallet: Phase 1 is fully operational on the Apple App Store.
• #1 Global Rank on CertiK: Verified as the top pre-launch token.
• $28.5M+ Raised: A clear signal of whale-level conviction.
• Payments Infrastructure: Designed for instant crypto-to-fiat flows in 30+ countries.
• Transparent FX + Instant Settlement: Built for practical global spending.
• Crypto-to-Fiat Rails: Rolling out next, forming the cornerstone of the PayFi narrative.

Whales reportedly view RTX as the high-utility complement to their Ethereum holdings. That’s a way to capture upside that ETH cannot yet unlock due to its slower product rollout.

Ethereum (ETH) vs. Remittix (RTX)

Market Takeaway

Ethereum remains the backbone of the decentralized economy, but the market is clearly rewarding speed, utility, and execution. With a functional wallet already live, upcoming fiat rails, and audits validated at the highest level, Remittix has become a magnet for investors seeking an asymmetrical opportunity.

If ETH can break the $3,400 resistance like it did $3,200, it may reclaim its Q4 losses. But whale behaviour suggests many aren’t waiting. They’re already positioning ahead of the next breakout, and Remittix is at the center of that shift.

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

Website: https://remittix.io/ 

Socials: https://linktr.ee/remittix 

$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway 

FAQs

ETH offers relative stability; RTX offers higher upside due to its early-stage momentum and major releases ahead.

Because RTX already has a live wallet, top-tier CertiK ranking, and crypto-to-fiat features coming soon, practical utility that ETH doesn’t have yet.

Yes. A fully verified team, functional app, and CertiK audit significantly reduce early-stage risk.

Not immediately. Strong resistance NEAR $4k remains, and emerging PayFi projects are temporarily growing faster.