It has been an eventful week in the crypto space, and even understated cryptos like ICP and AAVE have had their fair share of the action.
While investors search for the best crypto to buy for maximum gains in the coming months, ICP and AAVE market performances have taken a hit lately. From ICP being blasted by a crypto expert to AAVE receiving a major overhaul, these projects have not been the best in the past few days.
Simultaneously, a new PayFi breakout star, Remittix ($RTX), is taking over the market with its presale, adoption, and value growth. Here, we examine AAVE price analysis, what this expert had to say concerning ICP and why Remittix is outshining both cryptos.
Crypto Expert Blasts ICP; Market Reacts
ICP has recently moved within a tight range, even after Justin Bons, a popular crypto researcher and hedge fund manager, blasted its technology.
His detailed thread on X explained how the Internet Computer network is highly centralized and unprotected. His first assertion was that the Internet Computer relies on, at most, 40 independent subnets, each catering to its own security needs. While ICP isn’t the only one using this technology, other projects like Avalanche and Polkadot ensure their subnets work with shared security, making them safer.
Bons claims ICP is highly insecure as it openly lists the data center locations of its nodes, opening them up to potential attacks.
He also derided the Internet Computer’s insistence on offering limitless scalability. For Bons, the network’s scalability isn’t infinite since all subnets must communicate with one another.
Bons also pointed attention to ICP’s claim that it has found a solution to the Oracle problem utilizing HTTP outcalls, which enable smart contracts to get back data from Web2 APIs. Bons believes this method is deficient as it depends on centralized instruments.
Market observers have attributed Internet Computer’s market underperformance to this blast. Compared to other projects in the crypto market, ICP has been underperforming. This project only hosts a handful of DeFi projects, with a TVL of $41 million. More so, its stablecoin’s market cap is just $5 million, while Tether accounts for 66% of this figure.
AAVE Price Analysis
The Aave price is currently on a reversal run. The token has declined by 5.98% in the last 24 hours, struggling to retain key support around $200. Although AAVE’s short-term trend appears bearish, the 7-day performance reflects a negligible rebound, which still shows some resilience from AAVE buyers.
Experts say there’s a fair chance AAVE navigates this tough region even as its 14-day and 30-day trends reveal persistent selling pressure (-16.4% and -20.7%). Meanwhile, zooming out, a 61.2% yearly gain projection tells a different story—AAVE will remain that solid DeFi project with market fundamentals working for it!
Is a market rebound possible? Investors are not taking chances and switching their holdings to a more convincing prospect, Remittix($RTX), which they believe will be the best crypto to buy in 2025.
Remittix ($RTX) Takes Over the PayFi Market
Remittix presents a crypto-to-fiat project that rids users of bottlenecks surrounding cross-border payment solutions. This project has enjoyed massive adoption despite a prevalent market downturn.
Its presale has sold over 515 million tokens at $RTX, with a current price of $0.0694 per token, amassing nearly $13.5 million in presale funding. This PayFi sensation also offers continuous Remittix distribution through a giveaway initiative to pull in risk-averse investors and market observers.
Taking away its many perks and growth since the presale began. Still, analysts find another impressive quality in its merchant system integration capacity and compliance-oriented setup, positioning Remittix for crypto users who need safe cross-border payment solutions and investors seeking sustained gains.
Remittix is a value-driven PayFi solution with robust technology capacity, practical utility, and significant investor support, as its ongoing ICO proves. This setup explains why investors tip it to be the best crypto to buy this year for exponential gains.
Discover PayFi with Remittix by checking out their presale here:
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
Source: https://nulltx.com/crypto-experts-blast-icp-as-aave-receives-a-major-overhaul-why-are-both-being-outperformed-by-remittix/