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Cardano News Today: While Altcoins Face Hype Challenges, Remittix Stands Out as a Promising Solution for Real-World Payments

Cardano News Today: While Altcoins Face Hype Challenges, Remittix Stands Out as a Promising Solution for Real-World Payments

Bitget-RWA2025/10/30 15:24
By:Bitget-RWA

- Cardano's Leios upgrade targets 10,000 TPS via multilayer architecture but struggles with ADA's $0.68 price drop and $25M institutional outflows. - x402 protocol integration enables AI agent payments, positioning Cardano as an AI Agent Economy backbone per founder Charles Hoskinson. - Dogecoin shows whale-driven strength with $2.9M dormant wallet activity and $0.1995 Ichimoku cloud breakout, though consolidation risks persist. - Remittix (RTX) emerges as cross-border payment contender with $27.7M raised,

Cardano (ADA) is entering a crucial period as its

moves from the research stage to hands-on engineering, with the goal of reaching 10,000 transactions per second (TPS) through a multi-layered system that separates block production from validation. This step forward in scalability, verified by Input Output Global, highlights ongoing infrastructure progress, though it hasn't yet alleviated recent market challenges. ADA's value has slipped beneath the 20-day EMA at $0.68, with traders watching for support at $0.59 and resistance at $0.68. Continued outflows—totaling $25 million over the past three weeks—point to decreased institutional interest, as a indicates, aligning with overall weakness in the altcoin sector.

Cardano News Today: While Altcoins Face Hype Challenges, Remittix Stands Out as a Promising Solution for Real-World Payments image 0

Cardano is also making strides with the integration of the

, which allows for automated and verifiable payments between AI agents on the Masumi Network. described this as "a major milestone for ," stressing its importance in establishing the blockchain as a foundation for the AI Agent Economy. Together with the Leios upgrade, this move demonstrates Cardano's strategy to broaden its use cases beyond standard DeFi applications.

At the same time,

(DOGE) is showing early signs of bullish momentum as large holders become more active. Blockchain data shows $2.9 million worth of moving from inactive wallets, according to a , with the price bouncing off the at $0.1995. Technical signals point to a possible rise toward $0.22 if the price remains above the cloud. Some experts share this optimistic view in similar market setups, as a mentions, though short-term sideways movement is still a possibility.

Within the PayFi sector,

is gaining recognition as a project focused on utility. This platform, which enables crypto-to-bank transfers across more than 30 countries, has and achieved listings on BitMart and LBank. Audited by CertiK and ranked first among pre-launch tokens, Remittix appeals to investors with its practical use—supporting over 40 cryptocurrencies and 30 fiat currencies. Additional coverage places the token among top ecosystem picks in broader industry reviews, according to a . With its wallet beta now available to iOS users and a $30 million fundraising goal in sight, the token is drawing interest from and DOGE investors looking for the next breakout opportunity.

The market outlook remains uncertain. While Cardano's technical progress and Dogecoin's increased whale activity suggest some resilience, overall liquidity issues and ETF delays continue to dampen sentiment for altcoins. Remittix, with its emphasis on real-world payment solutions, stands out as a distinctive option in a market that is increasingly valuing practical utility over pure speculation.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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