Ethereum Pumps On Pectra Upgrade, Buying Intensifies For New ETH Token Set To Rival XRP

Ethereum’s latest upgrade has ignited what some think could be the start of a multi-month bullish run. But it’s not all about ETH: a new Ethereum-based token called Remittix is storming ahead in its presale with nearly $15 million raised, kickstarting what it calls the PayFi revolution.

Built as a cross-border crypto-to-fiat off-ramp, it’s giving XRP a run for its money. It’s time to find out what Ethereum’s upgrades bring to the table, and why they could be a boon for Remittix.

Ethereum’s Pectra upgrade has traders diving back in

Ethereum just got a serious upgrade. On May 7, Pectra went live, packing in 11 Ethereum Improvement Proposals that make wallets smarter, staking simpler, and the entire network faster.

For starters, wallets will behave more like smart contracts. With EIP-7702, users can bundle multiple actions into one transaction, use session keys for dApps, and even pay fees with tokens other than ETH. Using Ethereum is now a whole lot smoother, especially for payments, gaming, and DeFi.

Staking got a big lift too. The max cap for validator deposits jumped from 32 to 2,048 ETH. Big players no longer have to juggle dozens of validator nodes and they can now consolidate and scale up with ease.

On the speed and cost side, Ethereum now supports more “data blobs” per block. That’s a boost for layer-2 networks like Arbitrum and Optimism, which can now handle more traffic at lower fees.

Source: CoinGecko

The market has responded favorably: ETH rose more than 5% in the 24 hours post-release, breaking above a range to make a higher high in what some expect to be the start of a new bullish leg. That follows a downtrend since December and could signal changing fortunes for ETH holders. 

Remittix makes crypto-to-fiat simple—new XRP rival?

While Ethereum’s new upgrade is making headlines, Remittix is quietly becoming one of its most promising ecosystem plays. RTX is a real-world utility token built on Ethereum that’s designed to make global transactions faster, cheaper, and a lot more convenient. In a cross-border payment space expected to be worth over $250 trillion by 2027, there’s a huge market for Remittix to secure a slice of.

Remittix lets users convert over 40 cryptocurrencies into fiat and send the funds directly to a global bank account There are no middlemen and no surprise FX fees; just flat fees, transparent pricing, and full control. The recipient doesn’t even need to know it came from crypto.

The recent Ethereum upgrades make all of this smoother. Batching transactions, paying in tokens other than ETH, and a cleaner dApp experience are all tailor-made for services like Remittix that aim to accelerate frictionless crypto payment adoption.

It’s not just for individuals either. Remittix also offers tools for businesses: Remittix Pay API allows merchants to accept crypto and settle directly in fiat. Over 30 fiat currencies and 50+ crypto pairs are supported, meaning businesses have the flexibility to accept crypto without the usual hurdles.

It’s this mix of simplicity, power, and accessibility that puts Remittix in a strong position to rival XRP. While XRP targets the same space, Remittix leans into user-friendliness in a way that appeals to a mass audience. 

Investors are taking note. The RTX presale has seen nearly $15 million invested so far, ripping through stages to sell out more than two-thirds of its presale supply. Priced at a bargain $0.0757 with a $250k competition live, Remittix is hard to ignore.

Ethereum’s rise could lift Remittix further

Ethereum’s upgrade is good news for ETH holders, but it makes Remittix’s prospects even more exciting. It’s clear use cases bode well for presale backers, with the project posing a serious threat to XRP’s dominance. RTX tokens are selling out fast ahead of an exchange listing this year—consider a stack before it’s too late.

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

Website: https://remittix.io/

Socials:https://linktr.ee/remittix

DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the readCaptainAltcoin is not liable for any damages or losses from using or relying on this content.

intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.
Sarah Wurfel
Sarah Wurfel

Sarah Wurfel works as a social media editor for CaptainAltcoin and specializes in the production of videos and video reports. She studied media and communication informatics. Sarah has been a big fan of the revolutionary potential of crypto currencies for years and accordingly also concentrated on the areas of IT security and cryptography in her studies.

CaptainAltcoin
Logo