Ripple-related coverage has kept XRP in the headlines this week despite a broader market pullback. XRP was reported at $3.09, down 4.93%, as market participants reacted to changes in recent trading activity. Trading volume was listed at $11.77 billion, up 19.8%, which may indicate increased market interest.
Alongside XRP, some utility-focused projects such as Remittix (RTX) have also attracted attention. Project materials reference a planned Q3 beta wallet release and marketing incentives, including a token bonus and a community airdrop.
XRP Market Overview
XRP was listed with a market capitalization of $183.79 billion, reflecting its scale among payment-focused blockchain assets. Cross-border payment use cases continue to be a key theme in crypto markets, and some investors also monitor projects that claim real-world utility and lower transaction costs, often as a way to diversify exposure.
XRP has been described as undergoing a short-term correction while volumes increased. More broadly, cross-border blockchain payment activity remains an area of interest, though outcomes for individual projects can vary and carry significant risk.
Remittix token sale and product roadmap
Remittix (RTX) presents itself as a cross-border payments product with a stated focus on crypto-to-fiat transfers. According to the project, it is intended to let users send cryptocurrencies such as BTC, ETH, and XRP to bank accounts in 30+ countries, with the conversion handled within the service.
- Global reach: The project describes crypto-to-bank transfers across multiple countries
- Wallet timeline: Materials reference a Q3 beta wallet and real-time FX conversion features
- Security: The project says it has been audited by CertiK; audits do not eliminate risk
- Marketing incentives: The project also references community promotions, including an airdrop and giveaway
Project statements indicate the token sale has raised over $19.5 million and that more than 600 million RTX tokens have been sold, with a listed token price of $0.0944 at the time of writing. The project also references a token bonus tied to participation. It has further stated that details about a centralized exchange listing would be disclosed after a fundraising milestone is reached; any listing timeline or impact is uncertain.
Project points highlighted by Remittix
Remittix describes its target market as cross-border payments and references a $190 trillion figure. Materials highlight:
- Token supply mechanics described by the project as deflationary
- Early-stage participation terms tied to the token sale
- A business API concept intended to support higher transaction throughput
- A use case aimed at remitters, international earners, and freelancers
The project also says it plans to support crypto-to-fiat transfers with transparent conversion rates, and that its beta wallet and related features form part of a broader adoption roadmap. As with any early-stage crypto product, delivery, adoption, and regulatory considerations may affect outcomes.
References to interoperability, low fees, exchange listings, or large-holder participation should be treated as project claims or market observations rather than indicators of future performance.
Project links (for reference):
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
This article contains information about a cryptocurrency token sale. This article is for informational purposes only and does not constitute financial or investment advice. This outlet is not affiliated with the project mentioned.
