XRP Turns Bullish as Remittix Raises $28.6M for PayFi Infrastructure
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 08 2026- XRP Market Recovery: Despite a more than 3% drop in the last 24 hours, XRP remains at the critical $2.20 level, demonstrating stronger percentage returns compared to Bitcoin and Ethereum, which has attracted institutional interest.
- Liquidity Enhancement: The U.S. XRP ETFs have surpassed $1 billion in assets, with XRPL DEX liquidity surging and futures open interest reaching multi-month highs, indicating a sustained bullish sentiment among traders.
- Successful Remittix Funding: The Remittix project raised $28.6 million in a weak altcoin market by selling 696.6 million RTX tokens, showcasing strong market confidence in its cross-border payment solutions.
- Technical Audit and Market Trust: Remittix passed a full audit by CertiK with a Skynet score of 80.09, boosting institutional trust, while confirmed listings on BitMart and LBANK further enhance its market exposure.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
