Institutional capital is shifting away from top cryptocurrencies like Bitcoin and Ethereum toward utility-driven projects, with Remittix (RTX) emerging as a key beneficiary. Analysts report that 'smart money' is rotating into tokens with real-world use cases, as Bitcoin's growth has slowed in 2025 and Ethereum faces technical pullbacks.
Remittix has raised $17.3 million in its presale, selling over 569 million RTX tokens at $0.0876 each (with a 50% bonus live). The project targets an $18M softcap and has surged 450% weekly, attracting investors previously focused on Solana, Tron, and Bitcoin. Its beta Web3 wallet, audited by CertiK and launching in Q3 2025, will support Ethereum and Solana initially, with Cardano and XRP integrations planned later.
Meanwhile, Ethereum dipped to $3,702.06 (a 0.68% decline), retreating from July's peak of $3,812 amid cooling network activity. Its 14-day RSI fell to 58 from overbought levels, signaling consolidation. This pullback has accelerated capital rotation into RTX, which offers:
- Sub-two-minute payments in Ghana/Kenya
- 80+ West African merchant integrations
- Under $0.01 transaction fees via Solana
- 10% APY staking and quarterly token burns