Rippleās XRP and Stellarās XLM are under the spotlight; both are advancing with partnerships, regulatory developments, and technical upgrades that may affect network usage and market sentiment.
Alongside these established tokens, another project, Remittix (RTX), has also drawn attention due to its ongoing token sale and related announcements.
Whatās New with XRP
XRP is trading just above $3.00 and has faced resistance around $3.10-$3.15, according to recent price commentary. A few factors market participants have been watching include:
- On the downside, some large holders appear to sell when price tests resistance, and on-ledger activity (such as wallet transfers) has been described as slightly lower.
- On the upside, XRP continues to draw interest from ETF observers and has been discussed in the context of regulatory developments in some jurisdictions.
In terms of scenarios discussed by commentators, a move above the $3.15ā$3.20 area could support further upside, while weaker buying interest could increase the risk of a pullback toward lower support levels (including around $2). These are not certainties and can change quickly with broader market conditions.
Stellar Updates and Price Outlook
XLM has recently traded below support levels around $0.39-$0.40, with some commentary attributing the move to institutional selling pressure.
Stellar has also shipped network updates. The Whisk āProtocol 23ā upgrade went live on September 5, introducing parallel transaction processing and reducing latency, which may help scalability and payments/tokenization use cases.
Additionally, PayPal USD (PYUSD) has been launched on Stellar, which could affect transaction activity and awareness, though impact is uncertain.
Price scenarios discussed:
- If XLM holds above $0.35 and demand improves, it could attempt a move toward $0.45-$0.50 in the short term.
- If support fails, the price could continue lower, including toward $0.30 or below.
Remittix: Token-sale activity and project claims
Remittix (RTX) has been referenced in promotional materials and community posts as a payments-focused project. The following figures and product notes are presented as project-reported and should be treated as unverified unless independently confirmed.
- The project says its token sale has raised over $26.2 million and that over 667m tokens have been sold at a stated price of around $0.108.
- The project has described planned features such as crypto-to-fiat bank transfers and multi-chain/multi-fiat support. Marketing incentives (including referral-related programs) have also been mentioned by the project.
Project links (for reference):
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
This article contains information about a cryptocurrency token sale. This outlet is not affiliated with the project mentioned. This content is for informational purposes only and does not constitute financial or investment advice.