a16z refocuses on US crypto opportunities post-Trump`s re-election, scaling back UK operations amid pro-crypto executive orders. The post a16z cuts UK crypto plans as it shifts focus to Trump-era US opportunities appeared first on Crypto Briefing .
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Cardano (ADA), Solana (SOL) and Remittix (RTX) Poised for Potential Major Gains
Many crypto enthusiasts are currently focusing on three projects as they evaluate the top contenders for 2025: Cardano (ADA), Solana (SOL), and the exciting newcomer, Remittix (RTX). While Cardano and Solana have established themselves with impressive on-chain statistics and sophisticated technical setups, Remittix is capturing attention with its compelling value proposition in a highly profitable sector. This PayFi contender aims to revolutionize the market by addressing inefficiencies in conventional global payment systems. So, what features are attracting investors to Remittix (RTX), and how might Cardano and Solana perform in the first quarter of 2025? Cardano (ADA) Records Monthly Rise Despite Short-Term Dips Cardano has been steadily progressing, and its network metrics are beginning to reflect the effort. Currently priced at $0.96, ADA’s RSI is comfortably at 57, suggesting a bullish trend that isn’t overextended. Additionally, the MACD on the daily chart signals an upcoming crossover, indicating a potential upward breakout. On-chain data reveals that 71% of Cardano (ADA) holders remain optimistic about the project`s trajectory. Whale activity remains steady, with wallets holding over 1 million ADA making up 45% of the total supply. Interestingly, there`s a rise in smaller, active wallets, signaling increased interest from retail investors in Cardano`s potential. With future updates aimed at enhancing smart contracts and DeFi capabilities, Cardano might be preparing for a rally that favors endurance over speed. Solana (SOL) Drops 2.65% Within a Day Solana, known for its lightning-fast blockchain capabilities, is maintaining its allure. Trading close to $243, Solana’s (SOL) MACD recently turned bullish, with an RSI of 62, indicating potential for further gains before encountering resistance. On-chain data presents an intriguing scenario: while whales still control 68% of the supply, there’s a noticeable rise in short-term holders taking advantage of price fluctuations. Network activity is on the rise, with daily transactions increasing by 15% over the past month. Developers are returning after past challenges, thanks to recent updates that have enhanced network stability. With zk-rollups integration on the horizon, Solana`s technological advancements are setting the stage for a possible significant surge. The main question remains: can it reclaim the $30 mark and maintain the momentum? Remittix Revolutionizes Global Transactions Remittix (RTX) is becoming a major influence in the $190 trillion cross-border payments industry. By eliminating issues like high fees and slow transaction times, it has quickly positioned itself as a significant player in the PayFi arena. With its efficient solutions, Remittix is bridging the gap between cryptocurrency and traditional financial systems. Remittix (RTX) enables the conversion of over 40 cryptocurrencies into fiat currencies and facilitates fund transfers to bank accounts globally. Unlike legacy systems plagued by hidden fees and delays, Remittix provides a transparent flat-fee model with 24-hour transaction times. There`s substantial value for businesses with Remittix. The Remittix Pay API is particularly beneficial, allowing companies to accept cryptocurrency payments and settle in fiat seamlessly, supporting over 30 fiat currencies and 50 cryptocurrency pairs. The API offers exceptional flexibility, making it a crucial solution for global financial operations. Remittix also stands out with its user-friendly design. Transactions appear as standard bank transfers, concealing their cryptocurrency origins. This approach makes the platform accessible to individuals, businesses, and merchants, reducing complexity while leveraging blockchain technology. Investors Rush To Acquire RTX Tokens Investors are eagerly participating in the Remittix (RTX) presale, purchasing tokens for $0.0297 each. With over $5.8 million raised in the presale, the project shows no signs of slowing down. Its strong value proposition has led analysts to predict an 800% price increase during the presale and continued growth after launch. As it challenges the norms of cross-border payments, Remittix is set to make waves in the PayFi market. 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 press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice. Crypto Briefing
Ethereum Achieves 17x Scaling with Layer 2, but Challenges Persist, Says Buterin
Layer 2 protocols have played a critical role in scaling the Ethereum network. The blockchain’s co-founder Vitalik Buterin noted that Layer 2s in 2025 represents a significant evolution from their experimental beginnings in 2019, having achieved certain decentralization milestones, secured billions of dollars in value, and scaled Ethereum’s transaction capacity by 17-fold, all while simultaneously lowering fees. However, Buterin stated that challenges remain, particularly around scaling and heterogeneity. Blob Space and Interoperability Challenges In his latest blog post , Buterin pointed out that Ethereum’s current blob space – a resource for storing and processing data on the blockchain – barely meets the demands of today’s Layer 2s and their use cases. As such, this limitation could hinder the platform’s ability to accommodate future growth. Additionally, the heterogeneity of Layer 2s creates challenges when it comes to interoperability, composability, and user experience. While Ethereum’s initial vision for scaling involved a shard-based system of homogenous blockchains, Buterin noted that Layer 2s have instead evolved into a fragmented ecosystem of chains created by different actors, each with different standards and infrastructure requirements. To address these challenges, the Ethereum co-founder outlined several key steps. On the Layer 1 side, Ethereum must accelerate scaling blobs and expand the Ethereum Virtual Machine (EVM) and gas limits to handle activities such as proofs, large-scale DeFi, deposits, withdrawals, and mass exit scenarios. On the Layer 2 front, he stressed the need for improved security, ensuring guarantees such as censorship resistance, light client verifiability, and the absence of trusted parties. Interoperability across Layer 2s and wallets must also be prioritized to enable easy interactions across chains through standardized addresses, message-passing protocols, bridges, and efficient cross-chain payments. For users, Ethereum should feel like a unified ecosystem rather than a collection of disparate chains, Buterin added. Strengthening ETH as a Triple-Point Asset Buterin also stated that Ethereum’s future as a strong triple-point asset – functioning as a store of value, medium of exchange, and unit of account – requires a “multi-pronged” strategy to maximize the value of ETH . The first step is to cement ETH as the primary asset across the combined Layer 1 and Layer 2 Ethereum economy. This includes prioritizing ETH, the main collateral for decentralized applications and financial ecosystems. Next comes incentivizing Layer 2s to allocate a portion of their fees toward the broader Ethereum ecosystem, which could generate sustainable funding. This may involve burning part of the fees, staking them, or channeling proceeds into public goods for the Ethereum network. Third, while rollups offer opportunities for Layer 1 to capture value through MEV, it’s important to maintain flexibility, recognizing that not all rollups can adopt this model due to different application requirements. Finally, Ethereum could explore raising the blob count as a potential revenue stream. The post Ethereum Achieves 17x Scaling with Layer 2, but Challenges Persist, Says Buterin appeared first on CryptoPotato . Crypto Briefing