Cardano has always been among the most discussed blockchain networks, with investors always wondering if ADA would ever reach $10.
Cardano is currently trading at $0.8696 at the time of writing, down 4.67%, but it still holds a sizeable $31.04 billion market cap.
With its trading volumes up by 18.23% to $2.67 billion, whale activity and on-chain mood keep influencing the debate surrounding ADA’s prospects. Projects like Remittix (RTX) are also gaining the spotlight, introducing new challenge in the volatile crypto market.
Whale Action and Cardano Price Prediction
Cardano’s possible appreciation to $10 heavily relies on whale sentiment. Recent on-chain data indicate towards further accumulation by big ADA investors in times of market corrections. This behavior is similar to historic cycles where whales increased exposure ahead of new network advancements or ecosystem growth.
The interest of major investors comes after Cardano has solidified itself as a layer 1 blockchain with emphasis on scalability and smart contracts. As much as appreciation in price will be dependent on levels of adoption and cycles in the market, the consistency of trading volumes above $2.67 billion upward suggests that levels of liquidity are high. Such is the momentum that fuels speculation ADA will ultimately challenge higher resistance levels.
Where Remittix Comes Into the Picture
While Cardano’s long-term growth depends on its ecosystem, the early-stage projects like Remittix are also being eyed by investors. At a token value of $0.0969, Remittix raised more than $20.3 million in presale with more than 609 million tokens sold. The project is positioning itself as a cross-chain DeFi project to make foreign payments cheaper and quicker.
Unlike other speculative tokens, Remittix offers instant crypto-to-bank transactions with low gas fees, making it among the most practical soon-to-be-launched crypto projects in 2025. Its intended Q3 beta wallet launch will offer real-time FX conversion and 40+ cryptocurrency acceptance, something that can make it one of the best DeFi projects 2025.
Its main drivers of adoption are:
Global crypto-to-fiat transfers in 30+ countries
Wallet beta launching Q3 with live exchange rates
Raised more than $20Million in one of the fastest-growing crypto presales
Audited by industry-leading blockchain security firm CertiK
A $250,000 Remittix Giveaway to fuel the expanding community
Looking Forward
The case for or against Cardano to reach $10 in the current year will likely remain an issue of debate, especially as whale sentiment ignites on-chain metrics. The broader market, though, is also noting how new altcoins to watch, like Remittix, are tackling real-world problems. With its already listed status on BitMart and ongoing presale strength, RTX is getting notice as one of the top crypto under $1.
For long-term investors, ADA is a mature blockchain with good fundamentals, and Remittix is early-stage potential for a crypto with genuine utility. As the next wave of adoption gets underway, the market may see both mature players like Cardano and new entrants like Remittix setting the tone for decentralized finance to come.
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/can-cardano-hit-10-this-year-on-chain-data-reveals-ada-whale-sentiment/