XRP and Remittix on the Rise: PayFi Fuels Q4 Gains

XRP is experiencing renewed momentum, fueled by institutional interest and whale activity. A surge in trading volume following a large token purchase from whales pushed XRP to $2.98, marking a 5% increase within the last day. This trend coincides with Ripple’s continued efforts to expand the adoption of the XRP Ledger across Asia through its On-Demand Liquidity network. While analysts anticipate a potential rise towards $3.14 and beyond if XRP breaks past resistance levels, there is also potential for short-term volatility. Meanwhile, Remittix, a PayFi project, has been gaining traction as investors eye it as a strong contender to rival Ripple’s market share.