The surge of interest in new DeFi projects and the hunt for the best crypto to buy now are under threat as the Ethereum price tumbles. Ethereum price has dropped sharply this week. Early buyers are already braced for regret or ready to strike.
With whales quietly accumulating Bitcoin and altcoins, but sentiment towards Ethereum wavering, investors are looking for the next big altcoin in 2025 while watching ETH closely. One under-the-radar high growth crypto project is gaining traction as a potential hedge.
Ethereum Price Downturn: Is Bull Momentum Dead?
Ethereum price is currently trading around $3,233 after a week-long dive of approximately 12%. Is this the end of an era or a setup for something bigger?
ETH breaking below key support at $3,500 and dipping to $3,058 signals serious trouble. Analysts flagged the breakdown of long liquidation levels, which might indicate a bull market giving way to a deeper correction.
On the flip side, some argue this sharp correction might be a classic bear trap. With short positions sitting above $4,000 and major support zones in the $2,800–$3,000 area, a violent rebound could be setting up. ETH still sits at the core of the largest smart-contract ecosystem, and the “Ethereum price” metric is still dominating media headlines and investor sentiment.
Remittix (RTX): The Undervalued PayFi Project on the Radar
In this climate of uncertainty around ETH and SOL, one undervalued crypto project stands out as a low-gas-fee crypto network with real-world utility. Remittix is positioning itself as a cross-chain DeFi project bridging blockchain to traditional bank rails.
It has already raised $28 million in private funding, demonstrating strong demand for its PayFi solution. The platform aims to let crypto holders convert assets directly to fiat in bank accounts across 30+ countries, supporting 40+ tokens and 30+ fiat currencies.
Compared to Ethereum and Solana, Remittix goes beyond speculation and aims for a real-world payments use-case, which top analysts are calling “XRP 2.0” for payments infrastructure.
Why Remittix is Gaining Traction
- •Global Reach: Send crypto directly to bank accounts in 30+ countries.
- •Real-World Utility: Crypto-to-fiat fallback built for actual payments.
- •Security First: Audited and ranked highly in pre-launch security assessments.
- •Mobile Wallet Coming: Designed for mainstream and business users.
- •Strong Funding: $28 million raised privately, showing serious investor interest.
Compared to Ethereum, which is grappling with dominance pressure and layer-2 alternatives, Remittix offers a fresh narrative. It may lack the vast ecosystem of ETH today but offers a real-world solution and could appeal to investors looking for the next high-growth crypto under $1.