XRP Price Shaken by Massive $600M Ripple Transfer—Remittix Emerges as PayFi Traders’ New Safe Haven
XRP stumbles as Ripple moves half a billion—traders pivot hard to Remittix's payFi promise.
The Whale Effect
That $600 million transfer didn't just ripple—it tsunami'd through XRP's liquidity pools. Price charts went from steady climb to jagged cliff edge in under an hour. Remittix? Barely blinked.
Safe Haven or Mirage?
While XRP holders watch portfolios bleed, Remittix volumes spike 300%—because nothing makes money move faster than the smell of fear. Their cross-border settlement tech actually works while traditional finance still argues about SWIFT upgrades.
PayFi's Open Secret
Banks hate how Remittix bypasses their fee structures—which is exactly why traders love it. The platform's hitting settlement speeds that make legacy systems look like medieval messengers. No wonder the smart money's parking assets here during XRP's turbulence.
When whales dump $600M, minnows either get eaten or find smarter waters. Remittix isn't just riding XRP's chaos—it's proving that in payFi, execution beats pedigree every time. Even if Wall Street still thinks 'blockchain' is a type of bicycle lock.
XRP Price Finds Support at $2.96 as Traders Eye Bullish Breakout
XRP is facing turbulence after a recent $600 million Ripple transfer. This has caused the xrp price to go into a bit of a wobble. XRP dropped into the 0.382 Fibonacci retracement level at $2.96, finding significant support at this zone.
A quick rebound from $2.94 signals a potential bottom, often seen when markets are primed for a reversal. Technical analysts are pointing to the RSI divergence and clean 5-wave structure, suggesting that XRP has completed its correction phase.
Even though prices have slid, the currency is holding strong NEAR $2.96, seen as bullish given that $4.80 is up as a potential price target. The price action suggests that XRP may consolidate around this level before moving higher. This makes this a critical time for the token. Analysts predict that the next wave of gains will be led by large-cap cryptocurrencies such as XRP.
However, as market volatility and dynamics continue to shift, traders have found solace in Remittix, a SAFE haven in the PayFi industry. While XRP shows signs of recovery, Remittix is gaining attention for its seamless crypto-to-fiat payments system.
Remittix Raises $20 Million and Gears Up for CEX Listing
As XRP faces turbulence following a $600 million Ripple transfer, Remittix (RTX) is emerging as a safe haven for traders seeking stability in the PayFi sector. With over $20 million raised, Remittix is gaining momentum by offering a solution to the inefficiencies of traditional cross-border payments. Unlike XRP, Remittix focuses on reducing transfer fees and ensuring fast, low-cost transactions without the complexities of traditional banking systems.
Remittix allows users to convert over 40 cryptocurrencies into fiat and send funds directly to bank accounts worldwide in 24 hours. This makes it a powerful tool for individuals and businesses. The project is gaining investor support because of its real-world utility, providing a much-needed service as meme coins and speculative altcoins falter.
As Remittix prepares for its CEX listing on BitMart, the project is poised for significant growth. The $250,000 Remittix Giveaway is already live, adding further excitement and attracting new investors.
- $20 million raised, showcasing strong investor confidence.
- Remittix Wallet enters beta testing on September 15th, 2025.
- CEX listing on BitMart to bring global liquidity and access to RTX.
- Remittix offers low-cost, instant crypto-to-fiat transfers across 30+ countries.
With its user-friendly design, Remittix is quickly becoming a leader in the PayFi sector, offering an alternative to XRP as it navigates regulatory hurdles.
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