The XRP price has slipped to $2.86, falling below the crucial $3 support after weeks of strong performance.
This pullback has raised questions about Ripple’s ability to sustain momentum as regulatory uncertainty, whale profit-taking and technical weakness weigh on sentiment.
While traders dissect the latest XRP news, many are also shifting their gaze toward PayFi newcomer Remittix (RTX), which has already secured major funding milestones and could provide higher upside in 2025.
XRP Price Movements: Drivers of XRP’s Price Fall
XRP price is currently $2.86, and analysts have attributed its performance to various factors. The general crypto market downturn in mid-August caused liquidations of large amounts of Bitcoin, Ethereum and altcoins.
Being a highly volatile asset, XRP price was highly responsive and dropped by approximately 10% within several sessions. Analysts caution that XRP might still find it hard to cope at these levels unless the wider risk appetite comes back.
Also, On-chain data shows that wallets holding between 10M–100M XRP sold around 470M tokens valued at $1.35B. Such heavy selling overwhelmed liquidity and pushed the XRP price below $3. Whale movements remain a critical short-term driver, with large transfers to exchanges like Coinbase adding to market jitters.
For now, top blockchain analysts suggest XRP needs to regain $3.20 quickly to avoid further downside.
Why Traders Are Rotating Into Remittix
While XRP price slows, Remittix (RTX) is gaining traction as a utility-first PayFi altcoin. The Payfi project has already raised over $22,3 million and sold more than 630 million tokens. It is currently priced at $0.1000 and has confirmed listings on BitMart after the $20 Million milestone and LBANK following the $22 Million milestone driving investor demand.
Key milestones ahead for Remittix include a Q3 2025 wallet beta supporting 40+ cryptocurrencies and 30+ fiat currencies. Its design allows users to send crypto while recipients receive fiat directly in their bank accounts, addressing the $19T global remittance problem.
With flat fees, real-time FX quotes and a merchant-ready Pay API, Remittix positions itself as a payments rail rather than a speculative play.
Highlights fueling investor demand:
- $22,3M+ raised, 630M+ tokens
- BitMart and LBANK listings confirmed
- Wallet beta launching Q3 2025 with 40+ cryptos and 30+ fiats
- Merchant API for freelancers and businesses
- Real-time FX quotes with transparent flat fees
XRP Vs RTX: What Investors Are Looking Forward To
XRP price is showing signs of slowing down as bearish sentiment drags Ripple below the $3 level. While recovery toward $4 is possible if ETFs get approval later this year, whales and weak technicals keep pressure on the short term.
In contrast, Remittix is hitting milestones, securing listings and building real-world adoption in PayFi, making it one of the altcoins analysts see as better positioned for 100x gains before the end of 2025. Get in now and secure your 10,000% ROI.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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Reporter at Coindoo
Source: https://coindoo.com/xrp-price-shows-signs-of-slowing-down-as-ripple-price-falls-below-3-heres-the-latest-xrp-news/