Ethereum Price Set to Reach $6,200 by Early 2025 Amid ETF Inflows, Remittix Tipped To Achieve Higher Returns

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It’s been a great month for crypto globally, and the top altcoins cannot complain. The Ethereum price has been one of the top gainers from the latest crypto boom, and it’s the Ethereum ETFs behind all that spike.But despite all the action going on, the Remittix DeFi project is waxing strong by the day. Here’s how the ETH token is doing and more on Remittix.Ethereum Price Prediction: Ethereum ETFs Drive Token SpeculationDebating the future of the Ethereum price took a different complexion this month, as the token seemed reluctant to break its $3000 barrier at the start of July. Ethereum was getting overtaken on all fronts, especially in terms of DeFi traffic, but the token has gotten quite the turnaround lately.Bitcoin embarked on a roaring run, rising from its $103,000 valuation and racing towards an all-time high. There was a rollercoaster of ATHs in the first two weeks of July, where Bitcoin kept inching forward till it reached its $123,000 ATH.At the same time, BTC pulled ETH along with it on its bullish stride, one that saw the top crypto pick some momentum along the line. More Ethereum news emerged in the days that followed, leading ETH to its own big break.The news came in the form of massive inflows into Ethereum ETFs. The two-week ETF inflow reports from July 3 to July 17 showed that the ETFs got about $4.4 billion in revenue. Several records were broken on the way too, as BlackRock reached $10 billion in asset valuation (the 3rd fastest ETF to do so) and the Ethereum ETFs achieved a single-day inflow record of about $726.7 million since their debut.On the charts, the Ethereum price soared in that time frame, peaking at about $3,780 before correcting to its current $3,745.94. Still, Ethereum might have to contend with one of its offshoots, Remittix, as the new project is pushing the barriers in crypto finance.Anticipate The Future Of Crypto Payments With RemittixThere’s a lot of tension in the DeFi world, as a new crypto offering real utility has entered the scene. Remittix is meeting the users at their pain points, solving payment and transfer issues that have plagued them for so long.The most catchy feature of Remittix is its crypto-fiat bridge, where users will be able to transfer their crypto assets directly into fiat accounts of their choosing. There won’t be any need for an exchange or intermediary–it would be as simple as sending crypto via P2P trading.But the real revolution will come when users can use Remittix as a platform for online payments globally. Tuition fees, online shopping, and business deals will all be completed using crypto tokens on the Remittix platform.Now, that’s the future Remittix is gunning for, and the massive potential is pulling investors in from all over the crypto market.Join them.Discover the future of PayFi with Remittix by checking out their project here:Website: https://remittix.io/Socials: https://linktr.ee/Remittix$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveawayThe post Ethereum Price Set to Reach $6,200 by Early 2025 Amid ETF Inflows, Remittix Tipped To Achieve Higher Returns appeared first on Blockonomi.