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Experts Predict Strong Future for Cardano and AVAX but Favor Remittix as a Potential Long-Term Winner

Cryptocurrencies Cardano (ADA) and Avalanche (AVAX) draw attention, despite contrasting trends in the market. While Cardano displays a strong upward momentum over the past week, Avalanche encounters selling pressure, despite positive developments like the adoption of stablecoins. In this...

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Experts Favor Remittix Over Cardano and AVAX as a Smarter Long-Term Investment Option
Experts Favor Remittix Over Cardano and AVAX as a Smarter Long-Term Investment Option

Experts Predict Strong Future for Cardano and AVAX but Favor Remittix as a Potential Long-Term Winner

Remittix, a utility-first project offering crypto-to-fiat solutions and a robust cross-border payment infrastructure, is making waves in the cryptocurrency market. The project, founded in December 2024, has managed to raise over $20.3 million and is currently attracting interest from traders and institutional investors.

In the past seven days, Cardano (ADA) has seen a significant surge, almost 20 percent, with its price currently trading at around $1.50. This growth can be attributed to several factors, including the strong buying activity indicated by the Chaikin Money Flow (CMF) and the daily MACD data, which supports continued momentum.

Cardano is also trading within an ascending parallel channel, with the Supertrend line acting as solid support for traders. The Open Interest (OI) for Cardano has surged to $1.13 billion, marking the highest level in seven months, further indicating the growing interest in the cryptocurrency.

If buyers maintain control, ADA could test the psychological resistance at $1.60 in the near future. However, Avalanche (AVAX) shows some short-term weakness, with the OI-weighted funding rate for AVAX turning negative.

Remittix, on the other hand, is maintaining its transparency and audited status. With over 609 million tokens sold, the project is showing a growing global adoption. Remittix is also gearing up for a Q3 2025 wallet beta launch, which is expected to further boost its utility and adoption.

The upcoming launch of the Japanese yen-linked stablecoin, JPYC, could expand adoption and utility for AVAX in the long term. This development could potentially reverse the current short-term weakness seen in AVAX.

Remittix, with its focus on providing a transparent, audited, and efficient crypto-to-fiat solution, is well-positioned to capitalise on the growing interest in the cryptocurrency market. Its cross-border payment infrastructure and growing global adoption make it an exciting project to watch in the coming months.

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