Cardano price stalls after Hoskinson Talks as holders back new altcoin set to gain 10x next month

Cardano (ADA) has been rejuvenated after comments by co-founder Charles Hoskinson, but the asset has failed to find the impetus to move past significant resistance points. Traders and long-term holders are keenly looking at whether ADA can stampede beyond the 0.5 Fibonacci retracement level, $0.853, following the recent consolidation at $0.765.

With historical patterns hinting at possible repeat runs, market participants are weighing whether the current slow build could turn into another breakout. Amid this, a new altcoin with tangible payment utility and strategic exchange listings is attracting attention from investors seeking practical upside, hinting at where capital flows might head next.

Cardano shows familiar patterns, but momentum is slower

A recent chart analysis draws parallels between ADA’s current trajectory and its explosive 2020–2021 rally. Fibonacci levels indicate that any break above 1.15 (0.618), 1.78 (0.786) will possibly create open targets of up to 3.09, 4.19, or 6.25. 

However, in contrast to the sharp climb that it experienced during its previous cycle, this move is coming in very slowly, frustrating traders in the process but potentially establishing a more sustainable upward trend.

Recurrent trials of support at approximately $0.765 show resilience, yet the slower ascending movement of the token indicates a cautious market. If ADA fails to gain momentum above the critical 0.5 Fibonacci threshold, investors may increasingly consider alternatives that combine growth potential with real-world application.

Remittix could outperform due to real-world utility

Remittix (RTX) is emerging as a strong contender for investors looking beyond traditional memes and platform coins. At a current price of $0.1000, selling more than 633 million tokens and raising $22,4 million, the altcoin has already surpassed even the milestones of major fundraising efforts. 

Its recent listing on the LBank is a supplement to its previous BitMart listing, giving more liquidity and accessibility to international investors. Unlike ADA, Remittix is not relying solely on speculative charts; its real-world payment infrastructure, upcoming Q3 wallet beta, and merchant adoption plan present a clear path for long-term value capture. 

Analysts point out that such structural developments, combined with tokenomics designed to reward holders, may drive stronger performance over short to medium-term horizons.

Key factors supporting Remittix’s growth include:

• Strategic exchange listings: BitMart and LBank boost visibility and liquidity.
• Practical PayFi solutions: Real-world crypto-to-fiat transfer infrastructure attracts retail and institutional users.
• Q3 wallet beta launch: Enables early adoption and user engagement.
• Merchant integrations: Facilitates adoption across multiple sectors.
• Strong community backing: Growing investor interest fuels organic momentum.

Investors are choosing altcoins that combine innovation with tangible use

Cardano may follow historical Fibonacci patterns and could see significant gains if the slow rally accelerates, but some traders are increasingly looking at altcoins that offer immediate usability and growth catalysts. Remittix represents such an opportunity, blending measurable adoption with speculative upside. 

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix
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Disclaimer: This is a paid post and should not be treated as news/advice.