In his remark, Hoskinson pointed out how integrating Cardano and XRP could attract investors and innovative developers for both cryptocurrencies.
Meanwhile, a newcomer in the PayFi world is giving XRP a run for its money. Introducing Remittix RTX, a revolutionary cross-border payment platform seeking to lead the remittance charge. RTX’s price has surged over 400% and analysts anticipate further upside before its launch.
Cardano’s price prepares for take-off amid XRP integration talks
Cardano’s price has sustained an uptick of over 49% on its year-to-date chart. While ADA has dipped some 16% in the last month, a new wave of bullish sentiment is rising with Hoskinson’s plan to integrate XRP.
In a recent broadcast, Hoskinson revealed Cardano’s plan to expand the reach of its upcoming Midnight sidechain to include ledgers such as XRP. First presented as a privacy-centric sidechain, Cardano’s Midnight sidechain is set to enable developers to deploy private smart contracts. Could this announcement be the reason why ADA’s price is showing great resilience against the bears?
XRP’s price is setting the stage for a huge awakening after rebounding from a downturn that saw it dip to lows of $1.5. At its current price of $2.19, XRP could soon rally toward $2.50 as analysts identify its approach toward a pivotal zone typically known to trigger buying pressure.
Image source: Coinmarketcap
While XRP’s price has sustained a sideways movement since the rebound, onlookers point out XRP’s intact support lines around the $2.10 zone.
If the bulls sustain this support area and as Ripple’s joint settlement with the SEC nears a final judgment, an uptick for XRP past its ATH could be imminent. Other bullish developments set to soon trigger a surge in XRP’s price include the recent approval of XRP exchange-traded funds (ETF) in Canada by Purpose Investments.
Remittix’s RTX is predicted to surge over 3,000% at launch
While Cardano and XRP integrate, an XRP rival is taking center stage, raising over $15.7 million during its ongoing presale. Remittix is a PayFi protocol built to enable seamless cross-border payments that are available for everyone.
Where the likes of XRP put their focus on institutional players, Remittix caters to everyday users and small businesses looking to accept crypto payments. Remittix offers an intuitive platform that allows crypto holders to send funds to a recipient’s bank account at negligible costs. Every transaction comes at a flat fee, and there are no hidden charges. Businesses can leverage Remittix’s PayAPI, which supports over 40 cryptocurrencies to settle crypto-to-fiat payments.
With only 50% of RTX’s total supply of 1.5 billion tokens available, not to mention the fact that over 544 million of those tokens have been sold, now is the best chance to take part in the future of PayFi with Remittix. RTX’s price is up over 400% and could surge an additional 3,000% after its launch.
