XRP’s recent whale activity has brought hopes of a major price surge, with some speculating it could hit $15.
But while Ripple’s future is still up for debate, another project could gain attention—PlutoChain.
PlutoChain ($PLUTO) is a hybrid Layer-2 solution built to potentially fix Bitcoin’s biggest problems like slow block times and high fees. It might make Bitcoin faster, cheaper, and even compatible with Ethereum, potentially opening the door for more real-world use.
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Let’s check out the details.
Crypto analyst Ali Martinez revealed that large investors wasted no time during the recent market dip, snapping up 520 million XRP. Meanwhile, investment in XRP-based products is accelerating, with no signs of cooling off.
Santiment data shared by Martinez also pointed to a spike in whale transactions, with 341 transfers exceeding $1 million recorded in just 24 hours.
This kind of large-scale accumulation often signals that institutional players or high-net-worth investors are positioning themselves ahead of a potential price move. If these whales anticipate a breakout, retail traders could follow.
Steph is Crypto, a popular analyst on Twitter, says that his bullish target prediction for XRP is in the $14 range in the upcoming period.
While Bitcoin continues to lead the crypto world, its technical limits might be holding it back. As newer platforms like Ethereum and Solana push forward with fresh features, Bitcoin could benefit from an upgrade to expand beyond just storing value.
PlutoChain ($PLUTO) may offer a solution as a hybrid Layer-2 platform that could help Bitcoin do more while staying secure. One big issue it might fix is Bitcoin’s slow 10-minute wait time between blocks. PlutoChain offers a fast 2 second block time on its own L2 chain.
By incorporating EVM compatibility, PlutoChain could create opportunities for cross-chain innovation, potentially integrating DeFi protocols and blockchain applications with Bitcoin’s ecosystem.
Early tests look promising – the test network could handle over 43,200 transactions each day, so the platform might be ready for real-world use cases soon.
The system lets community members have a say in big decisions through voting, which could help keep development focused on what users want rather than what a small group decides.
Top security firms like SolidProof, QuillAudits, and Assure DeFi have checked and audited the system thoroughly, which may help users feel more confident about its safety.
PlutoChain could help Bitcoin grow beyond just storing value, potentially turning it into a more flexible platform while keeping its strong security intact.
Big investors are loading up on XRP, and institutional money keeps flowing in, signaling growing confidence in its future. If this trend holds, XRP could be gearing up for a major run and a bigger role in global finance.
But, while XRP gets the spotlight, PlutoChain could also generate serious buzz in the following weeks..
Designed to potentially fix Bitcoin’s biggest headaches—slow speeds and high fees—PlutoChain ($PLUTO) could bring faster transactions, lower costs, and Ethereum compatibility to the table.
This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.
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