XRP ETFs debut draws mixed market reaction as attention shifts to payment-focused tokens

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The debut of new XRP ETFs drew significant attention but did not produce the immediate price move some market participants anticipated. Day-one volume was reported as heavy, yet XRP slipped shortly after the launch, prompting discussion about whether the move reflected a ā€œsell-the-newsā€ dynamic.

If ETF demand stabilizes, XRP could still trend higher over time, but near-term price action has appeared mixed. In parallel, some observers have pointed to alternative payment-focused tokens, including Remittix (RTX), which the project describes as targeting real-world payments and user adoption milestones.

ETF Debut and Market Reaction: A Mixed First Impression

XRP has been reported at a market capitalization near $140 billion and a 24-hour trading volume above $8 billion, figures often cited as indicators of liquidity. Following the ETF listings, XRP was described as trading in a relatively narrow range around $2.30 to $2.35, with limited immediate change attributed to the listings.

Reports cited about $58 million in ETF turnover on opening day as shares launched across U.S. exchanges. However, the token’s spot price dipped soon after, a pattern that some commentators have also noted around other crypto ETF launches.

Some analysts have highlighted $2.50 as a level to watch, suggesting that a move above it could indicate renewed demand, while failure to reclaim recent highs could extend consolidation. Any such scenario remains uncertain and depends on broader market conditions and sustained trading activity.

Why Remittix Is Grabbing Attention In The Payments Theme

Compared with XRP, Remittix is described by the project as an early-stage token focused on payments. Project materials state that it aims to link crypto to bank accounts for users and businesses, positioning itself within remittances and merchant payouts.

The project also says its team has been verified by CertiK and references Skynet metrics in its marketing materials; these claims should be independently reviewed.

According to the project, a wallet beta is live and expanding to additional iOS testers for feedback. The project reports that more than 685 million tokens have been sold at a stated price of $0.1166 and that it has raised more than $28.1 million. It also claims that listings at BitMart and LBank are secured, and that another centralized-exchange listing is contingent on a funding threshold.

The project further describes marketing incentives, including a USDT referral program and a community giveaway.

Project materials highlight the following points:

  • Emphasis on building payment-related infrastructure
  • Tokenomics described as deflationary
  • Targeting use cases beyond trading activity
  • Intended for users such as freelancers and cross-border payment recipients
  • Focus on real-world payments and adoption, per the project

Market Focus After The ETF Launch

ETFs can expand access to an asset, but price trends still depend on broader market conditions, liquidity, and sustained demand. For XRP, some traders are monitoring whether the price can reclaim prior highs alongside sustained volume, while others expect continued consolidation.

Separately, some market participants are reviewing other payment-focused crypto projects. Any assessment of early-stage tokens involves significant uncertainty and requires independent due diligence.

Project links (for reference):

Website: https://remittix.io/Ā Ā Ā 

Socials: https://linktr.ee/remittixĀ Ā Ā 


This article is for informational purposes only and does not constitute financial or investment advice. This outlet is not affiliated with the project mentioned.

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