Polygon (POL) has moved with the broader crypto market in recent sessions. While its price remains near a key technical level, some market participants are also following payment-focused projects that aim to connect crypto with everyday use cases, such as Remittix.
Discussions around POL often focus on whether network upgrades can translate into sustained activity and demand, and how that compares with newer projects that emphasize consumer-facing payments.
Polygon Faces Resistance Amid Heimdall Upgrade
Polygon (POL) is trading around $0.22 as attention builds over the Heimdall v2 hard fork, a major network upgrade. The overhaul is described as improving transaction speeds and finality using CometBFT and the Cosmos SDK, and could reduce confirmation times to around five seconds.
Some traders are watching indicators such as RSI and MACD for directional signals. POL also faces a test near the $0.228 area, a level that has previously rejected breakout attempts; if it does not hold, the price could revisit the $0.20 zone.
Source: Tradingview
Remittix Is Gaining Ground
Remittix presents itself as a payments-focused project. According to project materials, it is building a non-custodial wallet intended to let users swap and send crypto to bank accounts, positioning the product as a bridge between blockchain transfers and traditional payment rails.
The project says it has raised more than $16.2 million, with a token price of $0.0811 and more than 553 million tokens sold. These figures are project-reported and may change over time.
Project materials highlight the following features:
- Global bank transfer functionality
- Privacy-related claims such as not tracking IP addresses
- Cross-chain support (BTC, ETH, DOGE, XRP)
- Fundraising targets and milestones referenced by the project
- Marketing incentives described by the project
The project also claims its tooling is being tested for use cases such as freelancer payments and remittance-style applications in emerging markets. Independent verification of adoption and usage may be limited.
Utility-Focused Tokens Remain a Key Narrative
Polygon’s upgrade is designed to improve network performance, while payment-focused projects emphasize consumer use cases such as lower fees, privacy features, and cross-border usability. These themes continue to influence how different tokens are discussed across the market.
At the same time, short-term price moves can be volatile, and product roadmaps may change. Remittix has referenced a beta wallet launch planned for Q3.
Project links (for reference):
Website: https://remittix.io
Socials: https://linktr.ee/remittix
Press releases or guest posts published by Crypto Economy have been submitted by companies or their representatives. This article is for informational purposes only and does not constitute financial or investment advice. This outlet is not affiliated with the project mentioned. Crypto Economy is not part of any of these agencies, projects or platforms.
