Crypto Experts Criticize ICP as AAVE Undergoes Major Overhaul; Here’s Why Both Are Being Outpaced by Remittix.

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It has been a dynamic week in the crypto market, with even lesser-known cryptos like ICP and AAVE getting their fair share of attention. As investors seek the best crypto to buy for the upcoming months, both ICP and AAVE have seen their market performances falter recently. From harsh criticism of ICP by a leading crypto expert to a significant overhaul of AAVE, both projects have faced challenges in the last few days.

Meanwhile, a new PayFi standout, Remittix ($RTX), is quickly gaining traction in the market, with a successful presale, growing adoption, and rising value. This article delves into AAVE’s price analysis, expert opinions on ICP, and why Remittix is outshining both of these cryptos.

Crypto Expert Criticizes ICP; Market Reaction

ICP has recently been fluctuating within a tight range, despite being publicly criticized by Justin Bons, a well-known crypto researcher and hedge fund manager. Bons took to X (formerly Twitter) to explain his concerns about ICP’s technology.

He detailed how the Internet Computer network is overly centralized and lacks proper security. According to Bons, ICP depends on a maximum of 40 independent subnets, each with its own security, whereas other projects like Avalanche and Polkadot offer shared security for their subnets, making them more secure.

Bons also pointed out that ICP openly lists the data center locations of its nodes, making them vulnerable to potential attacks. Furthermore, he criticized ICP’s claim of limitless scalability, stating that scalability is not infinite, as all subnets must communicate with each other.

Bons also took issue with ICP’s approach to solving the Oracle problem, which uses HTTP outcalls to enable smart contracts to access Web2 APIs. He believes this solution is flawed because it relies on centralized systems.

These critiques have contributed to ICP’s recent market underperformance. Despite its claims, ICP has failed to live up to expectations in the crypto market. Currently, ICP hosts only a few DeFi projects with a total value locked (TVL) of just $41 million. Its stablecoin market cap stands at only $5 million, with Tether making up 66% of that total.

AAVE Price Analysis

AAVE is currently experiencing a price reversal. In the last 24 hours, the token has dropped by 5.98%, struggling to maintain support around the $200 level. Although AAVE’s short-term trend appears bearish, the coin has shown resilience, with a slight rebound in the 7-day performance.

Despite persistent selling pressure, with the 14-day and 30-day trends reflecting losses of -16.4% and -20.7%, AAVE has demonstrated potential for recovery, with a projected 61.2% yearly gain. The token remains a strong contender in the DeFi space, with solid market fundamentals.

However, as the market faces uncertainty, investors are turning their attention to a more promising prospect: Remittix ($RTX), which many believe will be the best crypto to buy in 2025.

Remittix ($RTX) Dominates the PayFi Market

Remittix has quickly emerged as a crypto-to-fiat solution that tackles the common bottlenecks in cross-border payments. Despite the market downturn, the project has experienced impressive adoption.

With over 515 million tokens sold during its presale and nearly $13.5 million in funding, Remittix is gaining momentum. The project also offers ongoing token distribution through a giveaway initiative, attracting risk-averse investors and market watchers.

One of the most impressive aspects of Remittix is its integration with merchant systems and its compliance-driven approach, positioning the platform as a secure choice for cross-border payments. With its robust technology and practical utility, Remittix is poised to become a favorite among crypto users and investors looking for steady growth.

Remittix’s value-driven PayFi solution, strong technology, and significant investor support, as demonstrated by its ongoing ICO, explain why it’s considered by many to be the best crypto to buy this year for substantial gains.

Explore the PayFi opportunities with Remittix by checking out their presale here:

Website: https://remittix.io/
Socials: https://linktr.ee/remittix