Cardano News Today: Why Hoskinson Talks Could Fuel ADA Price To Drop Under $0.50 By October

Since ADA is under pressure, the majority of investors are looking for long-term alternatives.

Digital illustration of Cardano logo
Cardano News Today: Why Hoskinson Talks Could Fuel ADA Price To Drop Under $0.50 By October
info_icon
Sponsored Content

Speculation regarding Charles Hoskinson's recent remarks has fueled controversy regarding Cardano's future. Although ADA has traditionally been resilient during downturns, its recent form is a concern to traders who fear a potential slide below $0.50 in October.

In the meantime, projects like Remittix (RTX) are being likened as investors seek alternatives with actual real-world uses.

Cardano's Current Price Performance Raises Investor Concerns

In the cryptocurrency market, Cardano (ADA) is still afloat. At $0.8333, up 2.09% over the last day, and with a market valuation of $29.78 billion on $1.2 billion in trading volume, ADA remains a top option for anyone looking for a long-term blockchain use case and stability.

Price chart
info_icon

Remittix Presale Success and Upcoming Exchange Listings

Remittix costs $0.1030 per token and has already raised over $23,8 million in its presale with over 644 million tokens sold. This makes it one of the fastest-developing crypto presales currently in 2025. Unlike speculative meme tokens, Remittix is a cross-chain DeFi project that aims to solve real-world payment issues.

Its listing trajectory has also been mapped with transparency. At the $20 million level, BitMart listing was confirmed. Soon after, when fundraising had crossed $22 million, Remittix secured its second exchange partnership with LBank. These centralized exchanges provide liquidity and seed trust and RTX has been labeled as one of the new altcoins to watch this year.

Beta Wallet Launch Brings Real-World Utility Into Focus

The Q3 2025 beta launch of the wallet will be the most significant event for Remittix. A mobile-first product, it will feature support for more than 40 cryptocurrencies and 30 fiat currencies with real-time FX conversion. It will enable users to send money directly to bank accounts in 30 countries, solving one of the biggest barriers to mass crypto adoption.

This tool positions RTX as a low gas fee cryptocurrency project for freelancers, remitters and businesses that require fast, affordable transactions. Its wallet is also not a proof of concept but an early working product, which differentiates from the majority of other upcoming cryptocurrency projects.

The Breakthroughs Pushing Remittix Forward

  • Over $23,8 million raised in presale with 644 million + tokens sold

  • Confirmed listings on BitMart and LBank

  • Beta wallet in Q3 with global payment coverage

  • $250,000 giveaway driving community involvement

Since ADA is under pressure, the majority of investors are looking for long-term alternatives. Remittix offers a mix of low gas fees, cross-border payments and deflationary tokenomics that make it one of the best DeFi projects 2025. Backed by a CertiK audit and clear utility, RTX is being regarded as a top crypto under $1 with high adoption potential.

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

Disclaimer: Cryptocurrency investments are risky and highly volatile. This is not financial advice; always do your research. Our editors are not involved, and we do not take responsibility for any losses.

Published At:

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

×