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Remittix PayFi Milestone and XRP Fund Inflows Fuel Altcoin Price Hopes

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Ethereum and XRP are two of the most prominent altcoins, each with its own unique strengths and catalysts for growth. While Ethereum is closely tied to lending, stablecoins, and tokenized assets, XRP has gained attention as a established cross-border payments token.

In recent news, Remittix, a company that aims to simplify crypto-funded bank payments, has opened PayFi access to its first 1,000 users. The service allows users to send cryptocurrency-based value that arrives as fiat in a compatible bank account across more than 30 currencies.

XRP fund inflows have also been on the rise, with net inflows of $75.59 million for September 21-25. This institutional interest supports XRP's visibility as a payments asset. On the other hand, Ethereum has multiple sources of network demand, including applications that settle trading, borrowing, and stablecoin transactions.

For ETH, holding above $2,600 could bring 3,050 into view, while losing $2,600 would put $2,500 in focus. XRP near $1.50 needs a sustained move beyond $1.60 to strengthen its route toward $2.

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