Ethereum Tests $3,300 as Remittix Gains Traction Ahead of PayFi Platform Launch

1 hour ago 2 sources positive

Key takeaways:

  • Ethereum's rising on-chain activity and supply burn create a bullish fundamental case for ETH beyond technical levels.
  • Remittix's $28.8M funding signals strong institutional interest in real-world crypto payment solutions ahead of its 2026 launch.
  • The SOL vs. ETH competition underscores a market trend favoring projects with demonstrable utility and transaction speed.

Ethereum's price action is showing resilience, testing the $3,300 zone amidst rising on-chain activity. The network recently saw daily transactions break the 2 million mark for the first time, indicating growing usage. This activity, coupled with higher transaction fees leading to more ETH being burned, contributes to a supply-constrained scenario. Key technical levels to watch include support at $3,050–$3,120 and resistance at $3,320–$3,350, with $3,500 as a potential next target.

Simultaneously, the Remittix (RTX) project is gaining significant investor attention and real-world demand ahead of its full platform launch scheduled for February 9, 2026. The project has raised over $28.8 million in private funding and sold more than 701 million tokens at $0.123 each. Its wallet application is already live on the Apple App Store, with a Google Play version to follow, allowing users to store, send, and receive funds.

The upcoming PayFi platform aims to bridge crypto and traditional finance by enabling crypto-to-fiat payments, including cross-border transfers and real-time foreign exchange conversion directly to bank accounts in over 30 countries. The project has undergone a CertiK security audit and team KYC verification, ranking it highly among pre-launch tokens. Its features, including a 15% USDT referral program, are designed to foster real-world utility over speculative hype.

In the broader market, Solana (SOL) is also a focal point, with traders watching to see if it can break through the $146–$153 resistance zone to mount a charge toward $200. Analysts note that SOL's price action hinges on holding above a critical pivot zone near $141.17. The competition between Ethereum's potential rebound to $4,000 and Solana's push highlights a market shift toward evaluating projects based on speed, scalability, and tangible utility.

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