- The Ethereum price has brought traction to its blockchain, and, by extension, other tokens and projects that exist within the ETH ecosystem.
- Remittix is one such project, and the extra traction from Ethereum has only added to the already stellar presale.
- Investors have been locked in on the Remittix presale since it was announced in January.
The current Ethereum price surge is a boost for every token in the ecosystem.
With institutional accumulation and inflows on Ethereum’s ETFs driving the price forward, it is about to be a field day for traders on Ethereum-based projects.
One of them is tipped for massive returns this year. The token is breaking into the PayFi sector and leveraging Ethereum’s features for a stellar launch.
The Ethereum price is closing in on $5,000; here’s more on the top altcoin and its positives this summer.
Ethereum price: local market top predictions send inflows into Ethereum
The Ethereum network is bubbling with activity now, and the positivity from institutional traders is one factor to consider.
ETFs on Ethereum keep recording consistent net inflows, but all that is occurring in the midst of a bullish crypto market.
Federal Reserve chair Jerome Powell made a dovish statement last week, indicating a possible federal rate cut later in September.
That has driven more interest and investment into the risky assets market, and crypto tokens are direct beneficiaries.
The Ethereum price has been on the rise since that statement, along with most tokens that have bullish potential.
ETH spiked from around $4,000 to its current $4,776 level, and the token is bearing down on a $5,000 finish this year.
The best thing about the summer spike on the Ethereum price is that it is about to rub off on other projects in the ETH ecosystem.
Remittix is the PayFi sensation that is tipped for a massive jump in price before 2026. Here’s more on how Ethereum is influencing the new project.
Remittix: leveraging Ethereum features in crypto finance
The Ethereum price has brought traction to its blockchain, and, by extension, other tokens and projects that exist within the ETH ecosystem.
Remittix is one such project, and the extra traction…