Cardano's price encounters renewed selling pressure as analysts forecast Remittix to surpass, boasting substantial return-on-investment potential.

Cardano (ADA) is currently experiencing renewed selling pressure, with traders questioning its ability to sustain support. The digital currency's price is hovering near $0.80, but analysts warn of potential breakdowns below $0.75.

The long-term fundamentals for Cardano look promising, but the market is focusing on near-term risks. One such risk is the much-discussed ETF filing, which has failed to spark strong inflows, leaving investors cautious about ADA's short-term performance.

On the other hand, Remittix, a PayFi altcoin, is rapidly gaining traction. The company developing the Future of PayFi with Remittix has already raised over $23.4 million in investments. Remittix offers clear real-world utility, converting over 40 cryptocurrencies into fiat and transferring funds to global bank accounts in less than 24 hours.

Analysts are pointing to Remittix as a potential performer in 2025, with experts calling its ROI potential "astronomic." For Cardano holders, the current Cardano price prediction reflects caution rather than confidence, while Remittix is quickly becoming the token that investors expect to outperform in 2025.

Momentum indicators show weakening strength, and traders are hesitant to bet on a breakout toward $1.20 without significant catalysts. The weakening momentum, combined with the current market focus on near-term risks, could drag ADA back toward $0.60 or lower.

Investors are advised to exercise caution when making decisions regarding their investments in Cardano. Meanwhile, Remittix continues to gain traction, offering a promising alternative for those seeking a cryptocurrency with clear real-world utility.