As July winds down, major top altcoins like Bitcoin and Ethereum have maintained the gains seen in the past week. Many traders are shifting funds toward functional crypto assets that offer more than just token swaps, particularly those built to solve global financial problems.Chainlink, long considered a staple in oracle infrastructure, has slowed down despite integration updates. In contrast, a new altcoin with payment capabilities across 30+ countries is attracting institutional interest for its practical, low-gas ecosystem. Let’s see what investors are saying.Chainlink Faces Pressure Despite Oracle Network ExpansionChainlink (LINK) is hovering around $18.78 after failing to break and consolidate above key resistance at $19.5.The recent launch of Chainlink Functions and deeper integrations with DeFi protocols like Aave have not been enough to reverse investor hesitation.Top Defi analysts believe LINK will continue to trade in a range of between $17.50 to $22 until some significant partnership is announced or a new Layer 2 implementation attracts new buyers.Chainlink remains at the center of oracle data feeds in the crypto realm. However, with newer protocols entering the scene with built-in payment rails and simplified onboarding, LINK may need to shift focus beyond just data provisioning to retain its DeFi crown.Remittix Is the Next Big Crypto to Buy NowThe DeFi project drawing in major backers this week is Remittix, a low gas fee crypto solution purpose-built for real-world payments.With its mobile wallet beta set for Q3 launch, Remittix is delivering on what many other projects only promise: cross-border functionality that actually works.Unlike Chainlink’s infrastructure-heavy focus, Remittix has built out tools aimed at direct utility. Its smart contract infrastructure powers instant payments to bank accounts worldwide, a feature that remains rare even among top altcoins.Why Remittix Is Gaining TractionReal-World Utility: Built for actual use, not just speculationSecurity First: Audited by CertiK, one of the top blockchain security firmsWallet Coming Q3: Mobile-first experience with real-time FX conversionOver $17.5M Raised: One of the fastest-growing presales of 2025Designed for Everyone: Ideal for freelancers, startups, and crypto newcomersCommunity buzz has surged recently as analysts flag Remittix’s fast-growing user base and the rising number of wallets being connected ahead of the app release.Join The Remittix Train Now: $250,000 Giveaway In Store For Top HoldersFor those looking beyond the hype and hunting the next big altcoin of 2025, Remittix isn’t just a hot tip; it’s a bet on crypto utility finally going mainstream. Backed by transparent pricing, a mobile app built for speed, and one of the largest token incentive pools this year, Remittix is making a clear case for long-term value.With a $250,000 holder incentive for early believers and the winner announcement just around the corner, now might be the time to pay attention.Discover the future of PayFi with Remittix by checking out their project here:Website: https:remittix.ioSocials: https:linktr.eeremittix$250,000 Giveaway: https:gleam.iocompetitionsnz84L-250000-remittix-giveawayThe post Chainlink’s Dominance Wavers As A New Altcoin With Payment Solutions Draws Major Backers appeared first on Blockonomi.