Markets are active as October approaches. Ethereum’s recent price swings, developments around XRP, and an early-stage token sale for Remittix (RTX) have drawn attention from some crypto watchers. Below are updates on ETH and XRP, followed by a review of claims being made about Remittix based on publicly available project materials.
ETH Price Today: What’s Going On with Ethereum
Ethereum is trading at $2,768.77 USD, according to CoinGecko data at the time of writing. Recent sessions have been volatile: ETH moved below $4,200, and some market data services reported more than $500 million in long liquidations during the move, reflecting rapid positioning changes among leveraged traders.
From a technical perspective, some analysts have pointed to a previously held support area that may now act as resistance. Market participants are watching key trendlines to gauge whether selling pressure continues.
On the bullish side, some institutions have published longer-term outlooks. For example, Standard Chartered has floated a scenario in which ETH could reach as high as $7,500 by the end of 2025, citing institutional demand and network fundamentals; such forecasts are speculative and not guaranteed.
Others have argued that weaker spot demand and reduced risk appetite among professional traders could limit near-term follow-through.
XRP News Today: Momentum and Pressure
XRP has shown renewed strength recently, trading back above $2.9 on some charts. BlockchainReporter has noted that the move brings XRP closer to prior highs around $3.65 as interest picks up. At the same time, some analysts have warned that losing the $2.70 area could increase the likelihood of a pullback toward $2.50 or $2.20.
In parallel, Remittix has increasingly been referenced in market commentary alongside XRP. This framing typically positions Remittix as an earlier-stage project compared with XRP’s longer trading history, which also implies different risk profiles.
Why Remittix Is Being Discussed in October
Project communications for Remittix say the token sale has crossed $27 million in funding, with more than 674 million tokens sold. Some outlets and commentators have highlighted the project’s stated “PayFi” positioning and planned utility; those characterizations reflect third-party opinions and the project’s own messaging rather than independently verified outcomes.
- The project says it has undergone a CertiK audit and has cited exchange-related announcements. Links shared by exchanges include posts from BitMart and LBank. Listings and timelines can change and should be treated as unconfirmed until finalized by the platforms.
- According to the project, its product plans include a wallet that supports multiple chains and features such as crypto-to-bank transfers in 30+ countries and FX conversion functionality. Readers should note that feature availability, geographic coverage, and performance depend on rollout status and third-party providers.
Overall, Remittix is receiving attention primarily due to the size of its reported fundraising, its stated product roadmap, and audit-related references. None of these factors, on their own, establish future performance.
Key Takeaways to Watch
Ethereum remains sensitive to macro moves and leverage-driven volatility. XRP is trading with renewed momentum, but analysts continue to flag nearby support levels as important. Separately, Remittix is being discussed as an earlier-stage token sale narrative, which typically carries different liquidity and execution risks than more established assets.
Project links (for reference):
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.
