The latest SEC delays in deciding on the Solana and Litecoin ETFs have impacted investors’ expectations and investment strategies. An increasing number of whales are now migrating to XRP and the new PayFi kingpin Remittix, which are forecasted to lead altcoins this bull run.
Let’s find out what’s happening.
What you'll learn 👉
Remittix braces for a 10,000% moonshot
Remittix is an upcoming crypto-to-fiat payment network that merges crypto assets with traditional financial channels, facilitating faster and cheaper cross-border payments to any bank in the world.
While XRP targets large financial institutions, RTX focuses on retail investors and small business owners, giving it a unique value proposition in the massive cross-border remittances economy.
Just by linking their crypto wallet to the Remittix dApp, users gain access to over 100 cryptocurrencies and multiple fiat settlement options, enabling them to conduct transfers anytime from anywhere.
Unlike traditional wires that take 2-3 business days with costly fees of 5-10%, RTX transactions settle in real-time for a minimal 1% fee, saving users time and money during transfer.
Market pundits are now forecasting that Remittix will disrupt the $190 trillion cross-border payments sector. Taking even a tiny share of this market could send the RTX market cap to hobnob with XRP’s, sparking a 100x upsurge for the token price.
Uncertainty lingers after SOL ETF delay
The SEC has pushed back its decision on Grayscale’s spot Solana ETF to October 25. While this temporary roadblock has sparked uncertainty about the possibility of a SOL ETF this year, the majority of market participants remain optimistic as the SOL price surges to retest the $180 region.
Bloomberg analysts have assigned 90% approval odds to SOL ETFs, which aligns well with Polymarket data, where punters have placed an 82% chance of a Solana ETF in 2025.
SEC postpones Litecoin ETF decision
While investors expected the SEC to make a decision on Litecoin ETF applications on May 5, the commission delayed making a decision, requesting further public comments about its regulatory compliance.
But analyst James Seyffart says these delays are part of the standard procedure and do not amount to rejection. The euphoria surrounding the Litecoin ETF has seen the LTC price stage a mammoth surge in the past months, rising toward the $100 region.
As LTC soars, Bloomberg Intelligence analysts posit that their earlier Litecoin ETF approval odds of 90% remain unchanged, as Polymarket LTC ETF speculations jump significantly to 80%.
Will XRP hit $30 on ETF approval?
Investors’ eyes are now on Franklin Templeton’s spot XRP ETF, whose review deadline has been extended to June 17, 2025. Top analysts have predicted an 85% approval chance for an XRP ETF, with punters on Ploymarket giving it 83% odds.
If approved, both Standard Chartered and JP Morgan have forecasted that an XRP spot ETF could attract serious investor inflows to the tune of $8 billion within a year!
Analyst Zach Rector predicts that this liquidity could send the XRP price to dizzying heights in the $30 zone, returning serious yield to XRP holders.
Investors are betting big on RTX
The delays surrounding LTC, SOL, and XRP ETFs are spurring savvy investors to revise their investment strategies, with an increasing number of them turning to presales. So far, whales have pumped in over $15 million into the Remittix ICO, scooping over 536 million RTX tokens.
Tokens are flying off the shelves at $0.0757, but you need to act quickly and grab your share before the price rockets to $0.0781 in the next presale round.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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