Market activity has picked up again in crypto, and attention has returned to large projects such as Pi Network and Polkadot. Both assets posted notable moves this week, bringing renewed focus to their recent developments.
Meanwhile, at $0.1166 per token, Remittix (RTX) has been referenced in project materials as raising more than $28.1 million in private funding to date for a PayFi initiative that aims to connect crypto and traditional finance.
Pi Network price update: Adoption and market sentiment
Pi Network has been in the headlines amid increased activity around the project. Pi was trading at $0.2244, following a reported 24-hour increase of about 4.74%, with a market capitalization of $1.87 billion.
Pi Network emphasizes accessibility, including the ability for users to mine on mobile devices, which has helped it attract a large global user base.
Supporters of the project point to its planned utility and ongoing participation by users testing and mining on the network, although broader adoption remains uncertain and depends on execution and market conditions.
Polkadot news: Market move and technical progress
Turning to Polkadot, DOT recorded a notable daily move. DOT was priced at $3.26, up 15.71%, with a market capitalization of $5.34 billion and trading volume reported as up 120.05% to $925.91 million.
Sentiment has also improved alongside the broader market recovery for layer-1 blockchains, while Polkadot continues to highlight developer activity and real-world application deployments across its ecosystem.
Remittix: Payment-focused project overview
Remittix is positioning itself as a DeFi payments project. The team says iOS users can take part in its Wallet Beta Testing Program, which is intended to collect feedback while it develops a cross-border payment mechanism.
The project also states that it has been verified by CertiK and cites a ranking on CertiK Skynet for pre-launch tokens. It further reports raising more than $28.1 million in private funding and describes a goal of enabling crypto-to-bank transfers in more than 30 countries. These claims are project-reported and have not been independently verified in this article.
Project-reported points highlighted by Remittix
- A CertiK verification and a cited ranking on CertiK Skynet for pre-launch tokens
- More than $28.1M raised via private funding (as reported by the project)
- Expansion of wallet beta testing to iOS users
- An intended focus on crypto-to-bank payments in more than 30 countries
Market outlook: Emphasis on utility and adoption
As traders follow Pi Network updates and the latest Polkadot developments, discussion continues to focus on utility and adoption. Community growth, interoperability features, and payment-oriented use cases are among the themes market participants cite when assessing different blockchain projects.
In Remittix’s case, the project’s messaging centers on connecting crypto with traditional payment rails. As with any early-stage effort, the eventual impact will depend on delivery, regulatory constraints, and user adoption.
Project links (for reference):
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
This article contains information about a token sale or fundraising campaign. This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.
