PayFi is going mainstream. With XRP now priced at $2.33 after a meteoric 500% uptick late last year, analysts are setting even more bullish XRP price predictions with targets set at $20 per XRP. Stellar’s XLM is also making a huge comeback, as seen by its 165% uptick in the last year. Both XLM and XRP price predictions are bullish.
However, for those looking to ride the PayFi wave, no other token offers a better chance for a 100x gain than Remittix. This emerging PayFi protocol has seen its presale raise over $15.2 million in a brief spell and analysts say it could rally 3,000% on launch.
XRP will now be incorporated into UAE banks thanks to a partnership between Ripple and the UAE’s Zand and Mamo bank.
In addition to increased efficiency through XRP’s cross-border payment network, Ripple’s partnership with UAE banks will also reduce fees and shorten transaction settlement periods.
There’s more: XRP’s institutional adoption is taking off as seen by Dubai’s move to adopt XRP’s ledger for the tokenization of its real estate market. Also, with the easing of US regulatory standards, XRP price prediction forecasts a brighter future for XRP and its legal battle with the SEC. Increased demand for XRP internationally and among institutions in the US could lead to increased buying pressure that could see XRP reach new highs.
Image Source: Coingecko
On the charts, XRP is setting up for a bullish resurgence above $3.0. In the last month, XRP’s price has surged 13.7%, but its year-to-date uptick is over 350%. With XRP’s increasing institutional appeal, a bullish XRP price prediction could materialize.
The PayFi sector is growing and institutional adoption is not just focused on XRP price predictions but also on XLM’s progress. With a reputation for running on one of the most interoperable blockchains, XLM’s chart has set up a Gartley pattern with Fibonacci support showing imminent bullish potential.
Image Source: CoinMarketCap
From its current price of $0.28, analysts are forecasting a potential upward move that could see XLM break the $0.50 resistance zone and settle at the $0.65 to $0.75 range. XLM’s price is gaining bullish momentum as seen by its year-to-date uptick of over 165%, adding to a monthly price increase of 16.9%. While XLM still faces short-term risk if it fails to hold the $0.27 support level, its upward potential in the long run is inevitable.
Remittix’s RTX is the new kid on the PayFi block. Remittix plans to reinvent cross-border payments in a way that rivals what XRP and XLM have done in the past. Remittix has gained the attention of investors who have raised over $15.2 million in its ongoing presale.
RTX is now priced at $0.0781 and the next stage of the presale will see the price increase to $0.0811. Analysts are forecasting a potential 3,000% uptick that would turn a modest $1000 investment into millions.
At its core, Remitix is a revolutionary PayFi protocol that prioritizes simplicity and affordability. Crypto holders can use Remittix to send funds to a recipient’s bank account across more than 30 fiat currencies.
There is also a PAY API that businesses can use to accept crypto payments from their customers. All transactions come at a flat fee and there are zero hidden costs. With a focus on serving everyone, no matter their location and economic standing, Remittix is gearing up for mass adoption. Could RTX lead the future of remittances?
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix