The buzz around the Cardano ETF has started to lose steam even after sparking strong moves earlier this month.
While traders still watch ADA price for key breakout levels, new money is already shifting elsewhere. Many investors now see fresh opportunities in ETH-based projects like Remittix, which has raised over $20.6 million by selling more than 612 million tokens at $0.0969. With whale interest growing, the spotlight is quickly turning away from Cardano.
Cardano ETF Momentum Slows
Speculation about a Cardano ETF fueled heavy excitement after Grayscale registered its Cardano Trust ETF. ADA price surged nearly 17% to touch $1.00, its highest in five months, before cooling off. Analysts at Bloomberg suggested SEC approval could come by late August, but delays remain a real risk.
Source: TradingView
Whales have helped ADA climb by reducing exchange supply, yet the ADA price has struggled to hold above $0.90. The $0.90 to $1.00 range is now a make-or-break level. If Cardano falls below $0.70, momentum could shift to bearish territory, adding further weight to claims that ETF excitement is fading faster than expected.
Remittix Gains Whale Attention
As Cardano ETF interest weakens, Remittix is drawing serious attention from major funds and retail investors alike. Built on Ethereum’s network, it combines speed, global reach, and cross-chain DeFi solutions. What sets Remittix apart is that it is not just a speculative token but one designed for real-world payments and adoption.
With over $20.6 million raised, BitMart preparing to list it, and a $250,000 community giveaway live, the project is proving its momentum. If ADA whales are looking for the next growth story, Remittix is becoming their preferred target.
Here are key reasons why Remittix is gaining traction:
- Supports over 40 cryptos & 30+ fiat currencies for borderless payments
- Built for adoption and not speculation
- Business API unlocks liquidity for merchants and enterprises
- Audited by CertiK to prioritize top-level security
- Momentum rising with whales joining retail buyers in accumulation
Final Thoughts
While the Cardano ETF hype may return if approval comes soon, fading momentum suggests the market is already looking elsewhere. With ADA price struggling near $0.90, Remittix offers what many call the best crypto project 2025 thanks to its real-world utility, growing adoption, and whale backing. If current trends hold, this ETH-based altcoin may outshine Cardano and become one of the next big altcoin 2025 success stories.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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Reporter at Coindoo
Source: https://coindoo.com/cardano-etf-momentum-fades-as-whales-flock-to-this-under-the-radar-eth-based-altcoin/