Ethereum's latest upgrade has ignited what some think of a multi-month bullish run. But it's not about ETH: a new Ethereum -based token called Remittix is exploding early in its presale with about $ 15 million raised, kickstarting what the Payfi revolution is called.
Built as a cross-border crypto-to-fiat off-ramp, it gives the XRP for its money. It's time to find out what Ethereum upgrades bring to the table, and why they can be a boon for remittix.
Ethereum's Pectra upgrade with entrepreneurs dive
Ethereum only got a serious upgrade. On May 7, Pectra.
For starters, purses act more like smart contracts. In EIP-7702, users can bundle many actions in a transaction, use session keys for DAPPs, and even pay fees with tokens other than ETH. The use of Ethereum today is a whole smoother, especially for payments, gaming, and defi.
Staking also got a huge lifting. The max cap for validator deposits jumps from 32 to 2,048 ETH. Large players do not need to juggle twelve -two validator nodes and they can now come together and measure with ease.
At the speed and cost of the cost, Ethereum now supports more “data blobs” per block. That is a strengthening for layer-2 networks such as arbitrum and optimism, which can now handle more traffic on lower fees.
Source: Coingecko
The market is responding well: ETH rose more than 5% In the 24-hour post-release, destroying above a range to produce a higher in what is expected to start a new bullish leg. That has been following a downtrend since December and can signal a change of fortune for ETH holders.
Remittix makes crypto-to-fiat-new XRP rivals simple?
While Ethereum's new upgrade produces headlines, Remittix is quietly becoming one of the most promising ecosystems to perform. RTX is a real-world utility token developed in Ethereum designed to make global transactions faster, cheaper, and more convenient. In a cross-border payment space expected to be costs more than $ 250 trillion by 2027There is a huge market for remittix to secure a cut of.
Remittix allows users to convert more than 40 Cryptocurrencies to FIAT and send funds directly to a global bank account with no middlemen and no surprise FX fees; Only flat fees, transparent pricing, and full control. The recipient does not need to know that it came from crypto.
The recent Ethereum upgrades make all of them well. Batch transactions, which pay tokens other than ETH, and a cleaner DAPP experience are all customized for services such as remittix aimed at accelerating the adoption of crypto payment.
Nor is it for individuals. The remittix also offers tools for businesses: Remittix Pay API allows traders to receive crypto and live directly in Fiat. More than 30 fiat currencies and 50+ crypto pairs are supported, meaning businesses are flexible to accept crypto without standard barriers.
This is the mixture of simplicity, power, and accessing that puts remittix in a strong position to compete with XRP. As XRP targets the same space, the remittix depends on the kindness of the user in a way that appeals to a audience.
Investors have been detected. The RTX Presale has seen nearly $ 15 million invested to this day, passing through stages to sell more than two-thirds of its supply president. That -Contelling in a bargain $ 0.0757 with a $ 250k competition Live, it's hard to ignore Remittix.
Ethereum increase can lift remittix
Ethereum's upgrade is good news for ETH holders, but it makes Remittix's prospects more exciting. Obviously the cases of using good for presale backers, along with the project causing a serious threat to XRP dominance. RTX tokens quickly sell earlier on a list of exchanges this year – forming a stack before it's too late.
Discover Payfi's future with the remittix by checking their presale here:
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