The crypto market is watching new XRP News related to a potential U.S.-listed ETF decision on November 27. Any outcome would be relevant for Ripple and the wider altcoin sector, though the timeline and result remain uncertain. XRP’s recent price move has coincided with renewed discussion about fundamentals and institutional activity around the asset.
Separately, another project, Remittix, has been promoted by its team as an “XRP 2.0” alternative and says it has raised more than $28.1 million in private funding. The project describes its offering as an early-stage token sale tied to a payments-focused product.
XRP Price Strengthens Ahead of ETF Decision
XRP has been trading higher in recent sessions. At the time of writing, it was quoted at $2.31, reflecting a 5.48% daily change. Its market capitalization was listed at $139.09 billion, while 24-hour trading volume was $5.88 billion, up 15.54% over the past day, according to market data.
Discussion has centered on the U.S. Securities and Exchange Commission’s review process and whether an ETF application could become effective if the agency does not object before November 27. Any decision would still depend on regulatory procedures and market conditions, and there is no guarantee of approval.
Remittix: A Payments-Focused Project Highlighted by Its Team
While XRP-related regulatory developments are drawing attention, Remittix is being marketed by its creators as a blockchain-based cross-border payments tool. Project materials describe a crypto-to-fiat bridge intended to allow users to send cryptocurrencies (including BTC, ETH, or XRP) to bank accounts in more than 30 countries, though independent verification of performance claims may be limited.
The project describes itself as designed for scalability and lower transaction fees. It also states that one RTX token is priced at $0.1166 and that more than $28.1 million has been raised via private funding; these figures are project-reported and may change.
Remittix also references a Remittix Wallet that it says is in beta testing for iOS users, with features described as including transfers and foreign exchange conversions.
Security and listing-related claims
The Remittix team says it has been verified on CertiK, a blockchain security platform. Readers should note that verification labels and rankings shown on third-party platforms can change over time and should be checked directly on the relevant service.
The project has also promoted marketing incentives such as a giveaway, and it has referenced potential future exchange listings. These are project statements and should be treated as plans rather than confirmed outcomes.
Project highlights referenced by the team
- The project says it has raised over $28.1M in private funding
- CertiK verification is claimed in project materials
- A global payments bridge is described as supporting over 30 countries
- A wallet product is described as being in iOS beta testing
- Marketing incentives and planned listings have been referenced by the project
A Turning Point For Crypto Utility
If an XRP-related ETF progresses, it could add another regulated access point for some market participants, though it would not remove the risks associated with crypto assets. Projects such as Remittix illustrate how some teams are attempting to position token-backed products around payments and cross-border transfers, but real-world adoption depends on execution, compliance, and user demand.
Readers interested in learning more can review the project’s public materials and third-party references directly.
Project links (for reference):
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
This article is for informational purposes only and does not constitute financial or investment advice. This outlet is not affiliated with the project mentioned.
