Cardano is poised to dominate the payment market this year, thanks to recent partnerships. Analysts have also connected this new partnership to the rising Cardano price as it crosses $0.80 again this month. However, while the Cardano partnership continues with new institutions, Remittix is gaining mainstream attention. The Remittix performance over the last few weeks has been gradually turning it into a market favorite, as it continues to record large whale investments.
However, given the recent growth in Remittix and Cardano prices, which of these payment solutions is likely to dominate in the next few months? Here is a look at their proportion, fundamental, and technical factors for future growth.
How New Partnership is Driving Cardano Price Growth
Cardano’s World Bank collaboration has been opening up a new opportunity for growth these last few weeks. This is with the growing CBDC projects in emerging economies relying on the Cardano blockchain. According to experts, this utility has been a major contributor to the Cardano price lately. Technical indicators report that the Cardano price has seen a 27% growth from last month. However, while the CBDC project contributed a large portion to Cardano’s price growth this past week, other partnerships are opening up new adoption opportunities.
Two main strategic partnerships set to boost Cardano’s price in the future include the Project Catalyst integration and African expansion. Cardano is partnering with up to 5 African countries to develop digital identity systems, creating new utility for Cardano. However, with this partnership comes a growing demand that has seen the Cardano price move upward. Analysts’ projections suggest the Cardano price can hit up to $2.50 as these partnerships boost more adoption.
Why Remittix Mainstream Support Could See It At 30x This Year
As Cardano gains traction with institutional partnerships, Remittix’s mainstream support is shifting to make it the market favorite. Remittix solution with the crypto payment to bank accounts is shaping a new narrative that gives retail traders hope of a new solution to cross-border payments. This is as freelancers, business owners, and crypto traders get a new way to remove the pain of crypto-to-fiat payment with over 30 fiat payment options. Remittix is becoming the payment solution for the future, and the surge in demand this past week is showing the support already.
Current altcoin market position hints at a bull run, and analysts say this could be the opportunity for Remittix to shine. This is as it coincides with an important milestone in the Remittix roadmap this year, fueling a 30x potential. Some of the main drivers of the Remittix growth sentiment include:
- It’s a beta wallet set to launch in September
- Recently completed audit by a top crypto security firm, CertiK, showing Remittix secured smart contract
- Official market launch across the top centralized exchanges.
Remittix price prediction says it could hit $3 this year as the project sees a 3200% growth from $0.09. This is a project that should not be missed as it continues to gain widespread support in the payment industry.
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