Bitcoin has recently dipped below $90,000 for the first time in seven months, leading to significant outflows from Exchange-Traded Funds (ETFs). Notably, BlackRock”s primary fund experienced a withdrawal of $523 million in a single day. Ethereum funds are also feeling the strain as global regulators intensify their demands for stricter banking regulations concerning exposure to digital assets. Amid this market turbulence, three altcoins have emerged as noteworthy contenders: Remittix, Starknet, and Near Protocol.
Near Protocol has encountered some technical challenges, recently declining by 7.46% within 24 hours. Currently trading around $2.27, the token”s trading volume has decreased by nearly 9%, indicating lower engagement among large-cap altcoins. Over the past week, NEAR has plummeted by 22.95%, making it one of the poorer performers relative to SOL and ADA, both of which also faced significant losses. Nevertheless, analysts monitoring Near Protocol are optimistic, as the token remains within a long-term parallel channel that has been a guiding trend since the second quarter. According to crypto analyst Jonathan Carter, NEAR is nearing a critical test at the channel”s midline. A successful breakout could pave the way for a climb towards $3.55 and potentially $4.70, should overall market conditions improve.
Predictions for NEAR are mixed. DigitalCoinPrice anticipates a retest of the $5 mark in 2025, while Changelly offers a more conservative forecast, suggesting a price range of $2.52 to $2.98 for next year. For now, NEAR is firmly on the breakout watchlist as the market seeks direction.
Remittix has emerged as a prominent utility-focused option this week, gaining traction as investors gravitate towards projects with tangible adoption. While established tokens like XLM, ADA, and XRP are encountering resistance, Remittix is gaining momentum, developing a PayFi ecosystem that seamlessly integrates cryptocurrency with traditional finance.
This platform enables users to send cryptocurrency that converts to fiat and arrives directly in global bank accounts within hours, eliminating delays, hidden fees, and conversion traps. This functionality sets Remittix apart from speculative altcoins.
The project boasts several advantages: a wallet currently in beta with real users testing features, verification by CertiK, and a top ranking among pre-launch tokens. Additionally, Remittix has secured multiple Centralized Exchange (CEX) listings, starting with BitMart and LBank, and is strategically positioned within the $19 trillion global payments sector that cryptocurrency has yet to penetrate effectively.
On-chain metrics reveal significant momentum for Remittix, with over $28.1 million raised and more than 685 million tokens sold, providing returns of up to 650% for early investors. Notably, whale wallets historically linked to XLM and ADA cycles have begun accumulating RTX, indicative of increasing institutional confidence. Analysts predict strong growth for Remittix, with some suggesting a potential upside of up to 15 times once its complete payment engine launches.
Starknet has also been gaining ground, showing resilience amid broader market volatility. The token has surged from $0.12 to $0.23 over the past month, outperforming SOL, ADA, and XRP. This upward momentum is primarily attributed to a new catalyst: Bitcoin staking on the Starknet platform. This integration allows Bitcoin holders to stake their assets in a trustless manner using zero-knowledge technology, placing Starknet at the convergence of Bitcoin”s security and Ethereum”s programmability.
Institutional support has further fueled this trend, with Anchorage Digital facilitating compliant Bitcoin staking for its clients, leading to increased inflows into the network. Currently, Starknet manages over $365.4 million in staked value, comprising 915 million STRK and 1,480 BTC. This rapid expansion has propelled STRK into the top 100 cryptocurrencies by market capitalization. With support from LayerZero, native USDC, and new infrastructure slated for Q4 2025, Starknet remains a top pick for traders focusing on zero-knowledge scaling.
In summary, Remittix stands out as the strongest contender on this week”s breakout watchlist due to its tangible utility. Unlike many nascent tokens still in development, Remittix has a functioning product in beta, audited smart contracts, and confirmed listings on exchanges. This level of validation is something holders of NEAR, STRK, ADA, and XRP are striving for as 2025 approaches. Remittix offers instant crypto-to-fiat conversions, global payments, and seamless bank deposits, achieving what leading payment tokens like Stellar and Ripple have struggled to deliver effectively.
As the market continues to evolve, Remittix has solidified its position on investor watchlists due to its practical approach to crypto-related utility.
