XRP Price Today: XRP Near $1.29 as Wallets Hit 8.24M and Remittix Prepares a 20% Supply Cut

XRP is trading near $1.29 as the XRP Ledger reaches a reported record of 8.24 million non-empty wallets. XRP Price Today reflects growing ownership but weaker short-term momentum after the token slipped below recent support. The wallet milestone strengthens the adoption narrative, yet traders still need expanding demand to turn a larger holder base into another sustained rally.

Remittix is preparing a sharper supply-side catalyst. The project plans to burn 300 million RTX at launch, permanently removing 20% of total supply before public price discovery develops. XRP’s network already has millions of wallets, while RTX is about to make each new user compete for a significantly smaller token base.

XRP Price Today Tracks a Record Holder Base

More non-empty wallets suggest XRP ownership is spreading across a wider group. Thousands of new addresses reportedly appeared in a single day, reinforcing interest in the ledger as Ripple expands banking, custody and stablecoin relationships. A larger holder base can improve liquidity, but active product demand ultimately determines lasting value.

RLUSD integrations and institutional infrastructure can deepen the payment case. If banks and financial companies use more XRP Ledger services, the network can become increasingly relevant to settlement, tokenised assets and international transfers.

However, XRP Price Today remains below levels bulls want to reclaim. A record wallet count does not automatically produce price appreciation if balances are small or market liquidity stays weak. Stronger buying and transaction activity must follow.

Remittix offers a younger payments position. Rather than asking recipients to hold a specific blockchain asset, PayFi converts crypto and delivers fiat to bank accounts. That design can reach users who never intend to become crypto holders. Remittix creates that demand through services whose users can generate fees every time they return.

RTX Supply Falls as Its User Base Expands

The 300 million RTX burn removes one fifth of supply at launch. The reduction is permanent, so payment users, traders and exchange buyers arriving after November 24 will face fewer tokens than presale participants did.

PayFi solves high fees, cash-out friction and settlement delays by sending converted fiat directly to recipients’ bank accounts. Forty-one more currencies can expand Remittix across additional remittance corridors and increase transaction revenue.

The iOS wallet has already recorded more than 10,000 downloads, creating an acquisition channel for PayFi, Markets and Earn. Users entering for one service can discover the others, increasing the potential revenue generated from each wallet.

Markets has processed more than $50 million in perpetual-futures volume. Earn will offer selected yields up to 22% APY on ETH, USDT and USDC through leading DeFi pools, creating additional reasons for users to enter and retain capital.

Revenue-funded buybacks and burns can continue after the initial supply cut. If payments and trading grow while Earn attracts deposits, RTX can experience rising demand and falling availability at the same time. The burn concentrates all that economic activity across fewer tokens.

Earlier Scarcity Can Beat Established Scale

Remittix has raised about $33 million from more than 40,000 participants toward its $36 million hard cap. RTX remains $0.28 ahead of an announced $0.46 final stage and November 24 public debut.

XRP Price Today can improve if 8.24 million wallets generate deeper activity. RTX offers a more asymmetric position where the largest burn, PayFi expansion and first exchange cycle have not yet been priced by public buyers.

XRP may remain a payments giant, but Remittix needs only a fraction of the sector to transform its smaller token economy. Once 20% of supply disappears, late demand could make today’s entry look extraordinarily difficult to recover again.

Discover the future of PayFi with Remittix by checking out the project here:
Website: https://remittixpresale.io
X: https://x.com/remittix

Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk, including total loss of capital.

All market analysis and token data are for informational purposes only and do not constitute financial advice. Readers should conduct independent research and consult licensed advisors before investing.

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