Ethereum (ETH) has reclaimed the $4,000 price level for the first time in six months, driven by surging institutional demand following the approval of spot Ethereum ETFs. Blackrock's ETHA Fund has attracted over $2 billion in inflows since its launch, contributing to rising daily trading volumes and renewed market confidence. Analysts project ETH could reach $6,000 by year-end, bolstered by the upcoming Pectra upgrade aimed at reducing gas fees and increased staking activity that reduces sell pressure.
Remittix (RTX), an Ethereum-based PayFi token, is gaining significant traction with its cross-border payment solutions, recording unprecedented demand that propelled it past its $18.4 million presale target. The project's beta wallet launch this quarter is expected to accelerate adoption, featuring support for 40+ cryptocurrencies and 30+ fiat currencies with next-day settlement. Analysts forecast 30x-50x growth for RTX in 2025, citing its CertiK-audited security, transparent fee structure, and imminent centralized exchange listing as key catalysts.
Conversely, Shiba Inu (SHIB) faces sustained headwinds with six consecutive months of declining weekly performance despite a potential 70% technical upside. Trading at $0.00001264, SHIB struggles with overhead resistance and waning meme coin enthusiasm as investors pivot toward utility-focused tokens like Remittix. Analyst Joe Swanson notes weakening burn rates and hype have diminished SHIB's momentum despite whale accumulation.