XRP New Price Support Confirmed At $2.60 As Stellar (XLM) Holders Back Remittix For Maximum Gains

The broader crypto market loss has pushed the ongoing battle in the crypto payment sector into the spotlight. Ripple’s XRP price clings to its new $2.60 support after losing the $3 battle, and Stellar (XLM) struggles to recover institutional confidence. 

Elsewhere, a new PayFi token, Remittix (RTX), is quietly rewriting the rules of cross-border payments. Many XLM holders are now pivoting into Remittix, betting on its unique approach to solving the cross-border payments problem.

XRP Price Holds $2.60 Support After Sharp Drop

After a sharp 6% decline, XRP price has dropped to $2.82, with liquidation volumes climbing. Analysts warn bearish momentum could pull XRP lower, though a key support has now formed at $2.60.

XRP Price Chart | Source: TradingView

Liquidations continue to weigh heavily on XRP. CoinGlass data shows over $2.95 million in liquidations, with shorts driving the decline. A recent whale transfer of 30.5 million XRP to Coinbase has only added to speculation of a sell-off.

With XRP’s market cap falling nearly 6% and short positions dominating, the bearish outlook is clear. Traders now look at $2.60 as the critical support zone. Losing that could expose XRP to further downside in September.

Stellar (XLM) Declines As Institutions Retreat

Stellar’s network continues to grow, with nearly 10 million registered accounts and thousands of new corporate wallets daily. Yet, XLM’s price action tells another story. Heavy institutional selling drove the token to $0.36, with technical resistance forming near $0.373.

XLM Price Chart | Source: TradingView

The late-session rebound suggests some accumulation, but sentiment remains cautious. Stellar’s reliance on large-scale corporate adoption exposes it to global trade uncertainty and keeps retail investors on the sidelines.

Why XLM Holders Are Rotating to Remittix 

While XRP and XLM continue to battle sentiment-driven swings, Remittix (RTX) is emerging as a payment-first altcoin built for the new wave of crypto users. Unlike Ripple and Stellar, which depend on large institutions to drive usage, Remittix puts power directly in the hands of everyday users and businesses.

Here’s why investors are calling it the next big leap in cross-border payments:

• Direct crypto-to-fiat transfers to bank accounts in 30+ countries
• Over 40 cryptos supported at launch, with no hidden FX fees
• Flat-fee structure; what you send is what the recipient gets
• Remittix Pay API lets freelancers and businesses accept crypto but receive fiat instantly
• Payments look like normal bank deposits, ensuring privacy for recipients

This makes Remittix far more agile than XRP or Stellar, whose growth hinges on institutional adoption. Remittix is built for the retail economy, freelancers, and global businesses, giving it a broader mass-market appeal.

Presale Momentum, and What’s Next

The Remittix presale has already raised over $22.4 million, with 630M tokens sold at $0.10 each. Even before the presale closes, the team has confirmed two major CEX listings, BitMart and LBank.

Moreover, the project will launch its Q3 Beta Wallet in September, offering testnet access to selected presale participants. That utility-first rollout is a massive confidence booster for early backers.

Analysts see RTX as having 100x upside potential in 2025, given its unique role in solving the $19 trillion payments problem. This upside potential explains why XRP and XLM holders are rotating into the new payment asset. 

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