{"id":149161,"date":"2025-02-12T10:48:51","date_gmt":"2025-02-12T08:48:51","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=149161"},"modified":"2025-02-12T10:48:51","modified_gmt":"2025-02-12T08:48:51","slug":"solana-price-prediction-sol-to-2100-etf-looks-more-likely-by-the-day-while-plutochain-explodes","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/solana-price-prediction-sol-to-2100-etf-looks-more-likely-by-the-day-while-plutochain-explodes\/","title":{"rendered":"Solana Price Prediction: SOL To $2100? ETF Looks More Likely By the Day While Plutochain Explodes"},"content":{"rendered":"
At the same time, PlutoChain ($PLUTO)<\/a> may draw even more attention for its Layer-2 solution built to make Bitcoin more powerful.<\/p>\n It could enable instant transactions, slash fees, and bridge seamlessly with Ethereum\u2014solving Bitcoin\u2019s biggest bottlenecks and making it more practical for everyday use.<\/span><\/p>\n Let\u2019s check out the deets.<\/span><\/p>\n 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.<\/strong><\/em><\/span><\/p>\n With Ethereum spot ETFs launching on July 23, 2024, attention is moving to the next altcoin likely to receive ETF approval. While some speculate that Ripple (XRP) could be next, industry experts\u2014including<\/span> Ripple CEO Brad Garlinghouse<\/span><\/a>\u2014believe Solana (SOL) is the strongest contender.<\/span><\/p>\n By late 2024, major asset managers like Grayscale, Bitwise, VanEck, 21Shares, and Canary Capital had all submitted applications for Solana spot ETFs. Once accepted, the SEC had 45 days to make an initial decision.<\/span><\/p>\n The flood of applications coincided with news that SEC Chair Gary Gensler, a longtime crypto skeptic, would step down on January 20, 2025. His replacement, pro-crypto advocate Paul Atkins\u2014reportedly Trump\u2019s top pick\u2014could signal a regulatory shift in favor of crypto ETFs.<\/span><\/p>\n Market sentiment is overwhelmingly bullish on approval. A Solana ETF contract on Polymarket currently gives it an<\/span> 83%<\/span><\/a> chance of happening in 2025.<\/span><\/p>\n The Better Traders<\/span><\/a>, a group of analysts on X, released a video where they explained the factors that would need to coincide for SOL to push through the $2,000 barrier.<\/span><\/p>\n As the original cryptocurrency, Bitcoin revolutionized digital finance, but its limitations are increasingly apparent. Network congestion, slow processing times, and volatile fees\u2014particularly during peak usage\u2014show scalability challenges tied to its core design. While its role as a store of value remains unchallenged, these hurdles limit its utility for everyday transactions.<\/span><\/p>\n PlutoChain ($PLUTO)<\/a> is a hybrid Layer-2 solution that might address Bitcoin\u2019s bottlenecks. By optimizing transaction capacity and reducing costs, it could ease network strain, enabling faster, cheaper transfers.<\/p>\n This might expand Bitcoin\u2019s use cases beyond passive holding, allowing it to compete with faster chains for instant payments.<\/span><\/p>\n A key pain point is Bitcoin\u2019s 10-minute block confirmation window. PlutoChain <\/a>offers 2 second block time on its own L2 chain. More importantly, it could integrate smart contract functionality with Bitcoin\u2014a feature long absent from its ecosystem.<\/p>\n This could open doors for DeFi protocols, NFT platforms, and AI integrations, while EVM compatibility might let Ethereum developers migrate projects seamlessly. During its testnet phase, PlutoChain <\/a>processed 43,200 daily transactions without delays, demonstrating scalable infrastructure.<\/p>\n Security remains central to PlutoChain\u2019s design, with audits conducted by firms like <\/span>SolidProof<\/span><\/a>, <\/span>QuillAudits<\/span><\/a>, and <\/span>Assure DeFi<\/span><\/a> ensuring robust protocol integrity. Compliance with global regulatory standards could further increase trust among institutions and users.<\/span><\/p>\n Unlike top-down governance models, PlutoChain <\/a>may empower its community to shape its evolution. Users can propose upgrades, partnerships, or features, with decisions made through transparent voting.<\/p>\n While not a silver bullet, solutions like PlutoChain might help Bitcoin evolve into a more versatile Layer-2 companion\u2014balancing security and decentralization with modern efficiency.<\/span><\/p>\n
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\nSolana Price Prediction: Can SOL Break the $2,000 Barrier in 2025 with ETFs?<\/b><\/h2>\n
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PlutoChain Could Be the Missing Link That Bitcoin Needed to Expand Its Functionalities<\/b><\/h2>\n
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