ADA Price Eyes $1.20 & New XRP Rival Remittix Prepares To Unveil Major CEX Listing

Cardano (ADA) is showing signs of renewed strength, with ADA price rebounding from key support levels. Whale accumulation and positive funding rates suggest growing bullish sentiment. Traders are closely watching the ADA price as it eyes the psychological $1 mark. It signals potential short-term upside. 

Amid this backdrop, Remittix (RTX) is capturing the crypto market’s attention with real-world utility and impressive momentum. Having already secured a BitMart listing, Remittix prepares to unveil its second major CEX listing at the $22 million milestone. Thus, it is solidifying its position as a high-potential altcoin for 2025 and beyond.

ADA Price Eyes Short-Term Upside Amid Whale Accumulation

Cardano (ADA) is currently trading around $0.8704, rebounding from the $0.84 daily support after last week’s market dip. Santiment data shows that large ADA wallets have been accumulating tokens during the pullback, signaling renewed investor confidence. 

The total accumulation of 130 million ADA by whales holding between 10 million and 100 million coins highlights strategic buying. It could fuel a recovery in ADA price toward the $1 mark.

Derivatives data further support the bullish outlook. Coinglass’s OI-Weighted Funding Rate indicates that more traders are taking long positions than short. The metric is turning positive at 0.0072% on Thursday. Historically, such flips have preceded sharp rebounds in ADA price, suggesting that momentum may favor bulls in the coming sessions.

The daily RSI for ADA is around 56. It is showing upward momentum after rebounding from neutral levels. At the same time, the MACD lines remain convergent, reflecting some indecision. If bullish pressure continues, ADA price could extend toward the psychological $1.00. However, a correction might see support retested at $0.84.

Remittix Surges Ahead with Second Major CEX Reveal

While ADA price shows potential, Remittix (RTX) is making waves with functional utility and explosive growth. Currently priced at $0.0969, RTX has sold over 612 million tokens and raised more than $20.6 million. The token’s recent milestone unlocks its second major CEX listing at $22 million, following the earlier BitMart listing, further increasing liquidity and market visibility.

The upcoming Q3 2025 wallet launch enhances cross-border payments, supporting over 40 cryptocurrencies and 30 fiat currencies, positioning Remittix as a practical solution for freelancers, businesses, and global remitters.

Key highlights of Remittix include:

  • Global Payouts: Send crypto directly to bank accounts in seconds
  • Real-World Utility: Designed for businesses, freelancers, and remitters
  • Security First: Audited by CertiK for trust and transparency

Remittix’s combination of real-world application, strong tokenomics, and strategic exchange listings makes it a standout for investors seeking long-term growth and utility-driven adoption.

Conclusion

ADA price continues to attract attention due to whale accumulation and technical support levels, offering a potential rally toward $1. However, Remittix provides both upside potential and tangible use cases, appealing to investors looking beyond speculative moves. As more whales and retail investors accumulate RTX ahead of its second CEX listing and wallet launch, market confidence in Remittix’s trajectory strengthens.

For investors monitoring ADA price, Remittix represents an alternative with utility-first growth, real-world adoption, and significant upside potential. The contrast highlights the market’s shift toward altcoins with practical applications in 2025.

Discover the future of PayFi with Remittix:

Website: https://remittix.io/  

Socials: https://linktr.ee/remittix

$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

Source: https://www.thecoinrepublic.com/2025/08/22/ada-price-eyes-1-20-new-xrp-rival-remittix-prepares-to-unveil-major-cex-listing/