Remittix, a new payments-focused altcoin but it’s making some big waves. Its overarching aim is to improve your experience when converting cryptocurrency into fiat directly. The climate project has already raised more than $14.5 million! During its presale, it sold over 528 million tokens at $0.0757 per token. This progress comes as Cardano (ADA) is making strong bullish moves to retake the $1 level, in a generally shaky market overall.

Cardano, which is still trading lower today in bear market at $0.6528 has been on the bullish trend recently. The cryptocurrency reached a price of $0.6340, with a 1.84% decrease in the past 24 hours. On the date of publication, Shayon Ray did not hold (either directly or indirectly) any securities mentioned in this article. Regardless, Cardano still trudges on under a relatively massive market capitalization of roughly $22.3 billion. Over the past 24 hours, its trading volume has already eclipsed $676 million.

What sets Remittix apart is their emphasis on payment solutions. Through this partnership, they deliver a fast, convenient way for users to convert cryptocurrency to fiat, making a huge difference to an underserved audience. With more than $14.5 million raised in presale so far, the project’s success suggests overwhelming investor confidence and excitement, validating the project’s vision. The successful sale of over 528 million tokens is a testament to the high level of interest in Remittix.

Cardano, another generalized smart contract platform, is a big push in this direction. In order for Cardano to retest the $1 milestone, analysts say it has to break convincingly above $0.68. While the recent price dip is a setback, Cardano holds key support levels, and the increasing adoption of its smart contracts provides a positive outlook for potential breakouts.

The ability to easily change crypto currencies into gov issued currency is a very important step for adoption. Remittix directly tackles this challenge. By delivering a frictionless conversion experience, Remittix might just be able to connect the crypto world with the rest of finance.

Cardano’s ecosystem has been growing at a record pace, primarily as a result of the soaring adoption of its smart contract functionality. This rapidly increasing adoption rate is one of the most important reasons for investors to pay attention to. That’s an indicator of a robust starting point to continue to grow and bend their balance sheets against future market turbulence.

The convergence of Remittix's innovative payment solutions and Cardano's smart contract platform creates an interesting dynamic in the cryptocurrency space. Where Cardano’s goal is to provide smart contract capabilities on a larger scale, Remittix takes aim at streamlining the process of purchasing fiat currencies from crypto holdings. Both projects are generating attention.