3 Reasons Why Top Cardano Holders Are Secretly Accumulating Remittix’s RTX

By: zycrypto|2025/05/14 20:15:05

Disclaimer: The below article is sponsored, and the views in it do not represent those of ZyCrypto. Readers should conduct independent research before taking any actions related to the project mentioned in this piece. This article should not be regarded as investment advice. Cardano holders are riding the bullish wave sweeping across the crypto landscape, leading up to ADA’s 22% upticks, over the last month. Cardano’s ADA is also pumping in a move that has seen ADA breakout of a prolonged consolidation range to reach new support levels. However, ADA holders have their eyes on Remittix – an emerging PayFi protocol with a mission to reinvent cross-border payments. Remittix’s RTX utility token has seen its presale raise nearly $15 million in a brief spell. Could RTX topple dominance in cross-border payments? Cardano’s whale accumulation signals bullish potential ADA’s price is breaking out of a consolidation range in a notable rebound that has seen Cardano’s bullish sentiment rise. ADA is up 22% in the last month, adding to a year-to-date uptick of over 80%. Cardano’s ADA is climbing steadily along a rising support line with analysts setting key targets above the $0.95 resistance zone. Should ADA surpass this test, a breakout above $1 is probable. Beyond Cardano’s technical signals, its ecosystem has made several advancements that have boosted ADA’s credibility among institutional players. Some of these include the addition of ADA to Grayscale’s fund, which has seen whales accumulate 40 million ADA in a brief spell. Remittix’s RTX set to topple cross-border payment dominance Remittix’s RTX is the underdog of cross-border payments, aiming to reinvent the entire sector through its PayFi protocol . ADA holders now regard Remittix’s RTX as the next evolutionary step, thanks to its intuitive and straightforward PayFi platform. One reason experts are paying attention to this competitor is that its PayFi platform has the capacity to obscure the complexity of dealing with crypto wallets. With Remittix, a crypto holder can send funds directly from their wallet to a recipient’s bank account across more than 30 fiat currencies. The recipient can receive the funds without knowing the ins and outs of crypto wallets. Moreover, every transaction has a flat fee and zero hidden costs and charges, which is a great departure from conventional means. Remittix also caters to businesses looking to accept crypto payments through their Remittix Pay API, seamlessly enabling merchants to accept crypto payments across over 40 cryptocurrencies, including stablecoins. Remittix’s RTX presale has gained traction, raising over $15 million. RTX is now priced at $0.0757. Analysts expect RTX to surge 4,000% on launch. Discover the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involves substantial risk as the volatility of the crypto market can lead to significant losses.

The privacy-focused crypto wallet Mixin announced today the launch of its U-based perpetual contract (a derivative priced in USDT). Unlike traditional exchanges, Mixin has taken a new approach by "liberating" derivative trading from isolated matching engines and embedding it into the instant messaging environment.

Users can directly open positions within the app with leverage of up to 200x, while sharing positions, discussing strategies, and copy trading within private communities. Trading, social interaction, and asset management are integrated into the same interface.

Simplified Trading Experience: No KYC Required, Opening a Position in Five Steps

Based on its non-custodial architecture, Mixin has eliminated friction from the traditional onboarding process, allowing users to participate in perpetual contract trading without identity verification.

The trading process has been streamlined into five steps:

· Choose the trading asset

· Select long or short

· Input position size and leverage

· Confirm order details

· Confirm and open the position

The interface provides real-time visualization of price, position, and profit and loss (PnL), allowing users to complete trades without switching between multiple modules.

Social-Native Trading: Strategy and Execution Completed in the Same Context

Mixin has directly integrated social features into the derivative trading environment. Users can create private trading communities and interact around real-time positions:

· End-to-end encrypted private groups supporting up to 1024 members

· End-to-end encrypted voice communication

· One-click position sharing

· One-click trade copying

On the execution side, Mixin aggregates liquidity from multiple sources and accesses decentralized protocol and external market liquidity through a unified trading interface.

By combining social interaction with trade execution, Mixin enables users to collaborate, share, and execute trading strategies instantly within the same environment.

Referral Mechanism: Non-institutional users can receive up to 60% fee split

Mixin has also introduced a referral incentive system based on trading behavior:

· Users can join with an invite code

· Up to 60% of trading fees as referral rewards

· Incentive mechanism designed for long-term, sustainable earnings

This model aims to drive user-driven network expansion and organic growth.

Self-Custody Architecture and Built-in Privacy Mechanism

Mixin's derivative transactions are built on top of its existing self-custody wallet infrastructure, with core features including:

· Separation of transaction account and asset storage

· User full control over assets

· Platform does not custody user funds

· Built-in privacy mechanisms to reduce data exposure

The system aims to strike a balance between transaction efficiency, asset security, and privacy protection.

A New Path for On-Chain Derivatives

Against the background of perpetual contracts becoming a mainstream trading tool, Mixin is exploring a different development direction by lowering barriers, enhancing social and privacy attributes.

The platform does not only view transactions as execution actions but positions them as a networked activity: transactions have social attributes, strategies can be shared, and relationships between individuals also become part of the financial system.

Regulatory Background

Mixin's design is based on a user-initiated, user-controlled model. The platform neither custodies assets nor executes transactions on behalf of users.

This model aligns with a statement issued by the U.S. Securities and Exchange Commission (SEC) on April 13, 2026, titled "Staff Statement on Whether Partial User Interface Used in Preparing Cryptocurrency Securities Transactions May Require Broker-Dealer Registration."

The statement indicates that, under the premise where transactions are entirely initiated and controlled by users, non-custodial service providers that offer neutral interfaces may not need to register as broker-dealers or exchanges.

About Mixin

Mixin is a decentralized, self-custodial privacy wallet designed to provide secure and efficient digital asset management services.

Its core capabilities include:

· Aggregation: integrating multi-chain assets and routing between different transaction paths to simplify user operations

· High liquidity access: connecting to various liquidity sources, including decentralized protocols and external markets

· Decentralization: achieving full user control over assets without relying on custodial intermediaries

· Privacy protection: safeguarding assets and data through MPC, CryptoNote, and end-to-end encrypted communication

Mixin has been in operation for over 8 years, supporting over 40 blockchains and more than 10,000 assets, with a global user base exceeding 10 million and an on-chain self-custodied asset scale of over $1 billion.

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Mixin has launched USTD-margined perpetual contracts, bringing derivative trading into the chat scene.