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Cardano Stagnates, Giant Whale Bets on the Future of PayFi

Source: CoinWorld
Cardano (ADA) faces resistance around $0.85-0.90 as on-chain data shows whale investors are turning their attention to PayFi token Remittix (RTX), which focuses on cross-border payments. Driven by bearish sentiment, ADA is trading at about $0.83, while RTX has raised $24.3 million and is preparing to launch the Beta Wallet in September 2025 with the goal of real-time settlement and zero forex fees in more than 30 countries. Analysts point out that the $183 trillion cross-border payments market has huge practical driving potential, with RTX already listed on BitMart and LBank and supported by CertiK audits.
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