The DeFi market is riddled with mixed feelings on most projects. Ethereum’s excellent run in July and August has driven the Ethereum price to its ATH. At this rate, institutional interest is expected to take ETH to the next price target.
Ethereum’s run seems to be rubbing off on other projects as well, since Aave is also in strong profits on the monthly timeframe. Investors are watching both projects and a third project, as Q3 enters its closing phase.
Here’s more on the market situation.
Ethereum Price: New Gains For ETH This Year?
The Ethereum price surge easily outstripped Bitcoin’s in July, continuing in August till it reached its ATH at $4,800. Now, the ETH token is in correction mode, with about 4.5% losses accumulated in the past week.
Yet, many analysts point at more gains for Ethereum this year. ETH co-founder Joseph Lubin tips the Ethereum price to grow up to 100x, amid institutional interest and staking prospects. There’s no timeline to that, but it remains a bold prediction.
Aave: Keeping The Lending Protocol Flying
The Aave project remains the largest decentralized crypto lending platform in the market. DeFilama data shows that the Aave platform holds about $66 billion worth of assets.
That is indicative of Aave’s status in the crypto market. This year, the project opened a new way into the tokenized assets sector, a move that could draw more traffic to Aave.
Such traffic could see the Aave price contend with the Ethereum price for gains in the crypto market. And at the same time, there’s a new PayFi project looking to break into the top altcoin ranks.
Remittix is here to change the scope of crypto payments. Watch out for the new token.
Step Into The Future Of Crypto Payments With Remittix
In a few years, crypto adoption will see tokens accepted as token methods on most payment systems. Remittix is bringing crypto users ever closer to that future with its features and utilities.
How? The Remittix project is building a crypto-fiat bridge of sorts, one that allows users to transfer their funds from wallets directly into fiat banks. So, if you need to pay your tuition, or clear an online cart, you can always use your crypto coins.
Simply head to Remittix and access its Web3 wallet. The wallet is a DApp built on Ethereum, with features to ensure a smooth transaction:
- Faster throughput speeds for transaction processing.
- Cheaper transaction fees
- Secure, cloaked transactions to ensure maximum privacy and anonymity.
Many investors have clocked the potential of Remittix, both in terms of short-term and long-term gains. That’s why they are still stocking up on Remittix tokens–you should be too!
Remittix Tokens Are Selling Fast!
Get your RTX tokens today, and watch them spike after the Remittix platform goes live in Q4. The tokens have a 100x potential spike on them this year.
And they are only going for $0.1030 each currently.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io
Socials: https://linktr.ee/Remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
This article contains information about a cryptocurrency presale. Crypto Economy is not associated with the project. As with any initiative within the crypto ecosystem, we encourage users to do their own research before participating, carefully considering both the potential and the risks involved. This content is for informational purposes only and does not constitute investment advice.
