Remittix Targets 20% APY as ETH Staking Hits Record Levels
Ethereum (ETH)
Editor:
Eugene Serbin
Techbullion.com reports that Ethereum staking has evolved into a major market sector, with institutions driving demand for network rewards. Bitwise’s Q3 2026 data shows a record 40.2 million ETH staked, representing roughly one-third of the total supply. Meanwhile, Remittix is preparing to launch its Earn product, targeting an APY of over 20% on selected crypto and stablecoin assets.
The project aims to retain users by combining yield with a wallet, live Markets, and PayFi services. Remittix has announced a final presale stage price of $0.46, with the RTX token scheduled to debut on November 24. More than 40,000 participants have joined the raise, and the platform has recorded over 10,000 iOS wallet downloads.
Cumulative Markets trading volume has surpassed $50 million, with 1,000 holders invited to test PayFi features. The report compares this ecosystem potential to NEXO, which held a market capitalization of approximately $850 million in early October. Remittix suggests that growing customer balances could expand activity around RTX’s settlement and staking roles. ETH traded near $2,750 in early October, supported by staking activity and broader DeFi usage.
How the market reacted
Whalio's own Binance spot order flow for ETH, measured when this story was written up on 3 October 2026. Not the outlet's figures.
Whalio spot data for Ethereum shows a price of $2,668.59, with a 1-hour buy ratio of 37.5% and a 4-hour buy ratio of 54.7%. The 24-hour buy ratio stands at 44.4%, indicating that buying pressure is currently weaker on the shorter timeframes than it is over the full day. Volume delta reflects this shift, showing a net outflow of $2,005,679 in the last hour compared to a net inflow of $4,133,946 over the past four hours. The cumulative volume delta for the 24-hour close is -$175,297,178, suggesting that selling pressure has dominated the day's trading activity. Despite the negative delta, spot volume remains robust at $1,151,282,505 with nearly 4.4 million trades executed. The flow indicates a day where initial buying interest has faded into net selling by the end of the period.
The latest daily buy ratio of 46.8% sits at the 16th percentile of the last 322 days, against a median of 49.5% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for ETH, averaged over the days leading up to the story.
Over the preceding week, Ethereum saw a 7-day average buy ratio of 48.0%, which is 3.6 percentage points higher than the latest day's reading. Trading volume on this day was 1.85 times the weekly average, indicating significantly higher activity than usual. However, only one of the past seven days experienced net buying, highlighting a recent lack of sustained demand. The 8-day volume delta totals -$274,815,118, showing that selling has outweighed buying over the longer timeframe. This represents an unusual day for the coin, characterized by elevated volume but a buy ratio below its weekly average and a negative price change of 0.9% over eight days.