Avalanche Surges as TVL Hits 2-Year High, But Remittix May Outperform AVAX in the PayFi Revolution
Avalanche (AVAX) has seen an impressive 8% uptick over the past 30 days, with its price surpassing the $35 mark. As Avalanche’s Total Value Locked (TVL) continues to grow, experts believe it could soon compete against DeFi giants like Ethereum, now that its market cap has surpassed $20 billion.
Avalanche’s Growth Fueled by Avalanche9000 Upgrade
Adding to AVAX’s bullish trajectory is the recent upgrade to Avalanche9000. This move is expected to attract a significant number of developers to the Avalanche ecosystem. With the Avalanche9000 upgrade, developers can now quickly launch custom blockchains, or subnets, atop Avalanche’s expanding network.
Remittix: A New PayFi Gem Challenging AVAX
While AVAX is positioned for growth, a new micro-payment solution could soon surpass Avalanche due to its rapid adoption by crypto whales. Introducing Remittix, a groundbreaking payment network bridging the gap between crypto and fiat transactions worldwide. With its ongoing presale where the RTX token is priced at just $0.015, Remittix is primed to lead the emerging PayFi revolution.
Avalanche TVL Expands with Major Upgrades
Avalanche’s TVL has reached a 2-year high of over $1.6 billion, with more than 400 protocols now launching on its network. This growth is significant, especially when compared to Ethereum’s 1,247 protocols. Avalanche, launched in 2020, is closing the gap and now ranks among the top 10 DeFi networks, with its ecosystem growing by over 19% in just the last month.
Avalanche9000 Token Sale Raises $250 Million
The recent token sale to fund the Avalanche9000 upgrade raised $250 million, with backing from major firms like Galaxy Digital and Dragonfly. The Avalanche9000 upgrade will significantly reduce deployment costs by an astonishing 99.9%, marking a major milestone in the evolution of Avalanche’s ecosystem.
Remittix Leads the PayFi Revolution
While Avalanche’s TVL grows, new protocols like Remittix on Ethereum’s network are pushing the PayFi revolution forward. Remittix is revolutionizing the world of crypto-to-fiat transactions by providing a seamless, low-fee payment solution accessible to users worldwide.
- The global crypto payment market is expected to grow at a CAGR of 16%-20% by 2030.
- Key drivers of this growth include global adoption of digital assets, rise in institutional use of cross-border payments, and increasing crypto payment integrations among merchants.
Remittix’s Global Payment Network
Remittix is leading the PayFi charge with its layer-2 network built on Ethereum, enabling a hybrid crypto-cash system. This system offers minimal fees and global accessibility. Users can easily send and receive fiat money via bank transfer without needing to understand the complexities of the underlying crypto transactions.
Thanks to Remittix, crypto holders can now make global crypto-to-fiat transactions without worrying about hidden fees or expensive network gas. Additionally, businesses can integrate Remittix’s API to accept crypto payments from customers, significantly increasing its utility.
Join the Remittix Presale Today
Remittix’s ongoing presale is offering a massive $250,000 giveaway, rewarding participants for completing simple tasks. With only 50% of tokens available during the presale, now is the best time to grab some RTX tokens before they sell out.
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