This week has brought significant developments in the cryptocurrency market, particularly concerning Hedera (HBAR), Stellar (XLM), and a newcomer, Remittix (RTX).
HBAR News: ETF Prospects Driving Price Increase
Hedera is currently trading at approximately $0.251, exhibiting promising signs of a price surge. The support level at $0.21 has proven resilient, bolstered by technical indicators such as the 0.618 Fibonacci retracement. Investors have shown considerable interest in HBAR, particularly in light of recent news regarding its potential ETF approval.
HBAR has recently been added to the National Securities Clearing Corporation list by DTCC as a prospective spot ETF under Canary Capital, joining notable tokens like Solana (SOL) and XRP. Should the approval come through, analysts predict HBAR could surpass $0.30 and possibly reach $0.50 in the coming months.
XLM Price Predictions Indicate Potential Breakout
Stellar (XLM) is currently valued at around $0.408, and anticipations are rising as technical setups suggest a significant movement could be imminent. Analysts are monitoring a head-and-shoulders pattern forming on the 12-hour chart, which has a critical neckline just below $0.50. If XLM manages to close above this level with strong trading volume, it could trigger a bullish rally.
Forecasts for XLM target potential price levels of $0.62, $0.70, $0.83, and even $1.00. However, there remains a caveat; if buyers do not defend the low $0.30 range effectively, there’s a risk the formation could fail, leading to a price decline. Nonetheless, a bullish signal is evident as Stellar has surpassed a falling wedge pattern and moved above the 100-period moving average on the 8-hour chart, suggesting imminent targets of $0.43, $0.45, $0.47, and $0.50.
Remittix: A Game-Changer in Crypto Presales
Remittix has burst onto the scene, raising over $25.5 million during its presale, with more than 661 million tokens sold at a unit price of $0.1080. This remarkable achievement has led to confirmed listings on BitMart and LBANK, ensuring robust liquidity following the presale.
In addition to this success, Remittix is set to launch its Beta Wallet on September 15, 2025, enhancing its utility in the real world. The project has also rolled out a 15% referral rewards program, incentivizing existing investors to introduce new participants, therefore expanding its community and increasing awareness.
Investors are buzzing with excitement over the following highlights:
- Over $25.5M raised with 661M tokens sold at $0.1080.
- Confirmed listings on BitMart and LBANK for strong liquidity.
- Beta Wallet launch set for September 15, 2025, offering practical utility.
- A 15% referral rewards program encouraging community engagement.
- Analysts forecast potential gains of up to 50x as demand rises.
Conclusion
Hedera’s prospects for significant price growth appear bright, especially with impending ETF approval possibly set for November. Conversely, the outlook for Stellar is equally promising, with predictions suggesting a potential push past the $1 mark if bullish momentum persists.
However, the most compelling narrative this week belongs to Remittix, whose confirmed exchange listings and practical vision could yield substantial returns for early investors. For those interested in the future of PayFi, Remittix offers various pathways for engagement and investment.
For more information, you can explore their website or follow them on their social media channels. Additionally, a $250K giveaway is underway, offering a chance for participants to engage with the project.