{"id":149484,"date":"2025-02-13T18:30:49","date_gmt":"2025-02-13T16:30:49","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=149484"},"modified":"2025-02-13T17:49:26","modified_gmt":"2025-02-13T15:49:26","slug":"whales-are-accumulating-ripple-xrp-hedera-hbar-and-solana-sol-ahead-of-a-potential-breakout-while-plutochain-sees-whale-interest","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/whales-are-accumulating-ripple-xrp-hedera-hbar-and-solana-sol-ahead-of-a-potential-breakout-while-plutochain-sees-whale-interest\/","title":{"rendered":"Whales Are Accumulating Ripple (XRP), Hedera (HBAR), and Solana (SOL) Ahead of a Potential Breakout While PlutoChain Sees Whale Interest"},"content":{"rendered":"
Meanwhile, PlutoChain ($PLUTO)<\/a> is gathering whale attention as a potentially groundbreaking Layer-2 solution for Bitcoin. The platform might be able to transform Bitcoin from a store of value into a practical payment system through enhanced scalability and functionality.<\/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> <\/span><\/em><\/p>\n Let\u2019s have a closer look at each project and why it stands out.<\/p>\n XRP is currently trading at approximately $2.43, which marks a 0.9% increase in the last 24 hours. Daily trading volume reached around $4.9 billion.<\/p>\n <\/a><\/p>\n Ripple recently minted 9.1 million RLUSD tokens following listings on Bitstamp and Bullish, with ongoing discussions to bring its stablecoin to Binance and Coinbase.<\/p>\n Meanwhile, its legal dispute with the SEC continues and creates uncertainty around XRP\u2019s long-term prospects. Despite this, Ripple is considering an IPO and potentially joining Circle and Kraken in going public if U.S. regulations become more favorable.<\/p>\n Excitement is also building around BlocScale\u2019s $BLOC token, which runs on the XRP Ledger and could attract more projects and investors. Crypto analyst STEPH IS CRYPTO<\/a> suggests XRP has formed a double bottom pattern and sets a bold price target of $30.<\/p>\n Hedera is currently priced at approximately $0.2374, with a 24-hour trading volume of about $282 million.<\/p>\n <\/a><\/p>\n Speculation is growing around the possibility of an HBAR-focused ETF. If approved, it could bring more institutional attention to Hedera.<\/p>\n Beyond ETF talks, Hedera continues enhancing its network. A recent update introduced the Tiered HBAR Rate Limiter for its JSON-RPC Relay, which organizes users into different spending tiers. This system aims to make transaction fees more predictable and cost-effective.<\/p>\n Hedera is also strengthening its governance. Mondele\u0304z International, a global food industry leader, recently joined its Governing Council. According to Gilmore Estates<\/a>, HBAR could skyrocket to $250 by 2050, especially with its involvement in a SpaceX-powered satellite launch.<\/p>\n Solana is now priced at about $203.13, down 0.58% in the last 24 hours. Throughout the day, its value has ranged between $194.02 and $204.64, with a trading volume of approximately $4.5 billion over the same period.<\/p>\n <\/a><\/p>\n Visa recently announced plans to use Solana\u2019s blockchain for payments with the stablecoin USDC, to improve transaction speed and efficiency for merchants.In the DeFi space, Solana\u2019s Total Value Locked (TVL) has grown by 8.25% and reached $8.95 billion.<\/p>\n Platforms like Hyperliquid have seen a surge in activity, and stablecoin holdings on Solana have increased by $1 billion, which pushed the total to nearly $5 billion.The developer community is also active, with projects like Wormhole and Pyth Network driving innovation. Wormhole connects Solana with other blockchains, while Pyth Network provides real-time data for DeFi applications.<\/p>\n Analyst Juan Cena<\/a> believes Solana could hit $1,000 this cycle and estimates its market cap to range between $450 and $500 billion.<\/p>\n Bitcoin revolutionized digital finance, but it still isn\u2019t ideal for everyday use. Transactions take too long, fees are high, and businesses hesitate to accept them due to the lack of refund options.<\/p>\n All this has kept Bitcoin from becoming a truly global payment system. PlutoChain ($PLUTO)<\/a> is a Layer-2 solution that could make Bitcoin faster, cheaper, and more practical for daily transactions.<\/p>\n Instead of waiting up to 10 minutes for a transaction to confirm, PlutoChain <\/a>has block times of just two seconds. This could make Bitcoin much more convenient for things like online shopping or international transfers.<\/p>\n <\/a><\/p>\n Lower fees are another major benefit. High transaction costs often discourage smaller payments, but PlutoChain <\/a>is designed to significantly reduce fees, which could make Bitcoin more affordable for everyone.<\/p>\n Beyond payments, PlutoChain could expand Bitcoin\u2019s potential by introducing Ethereum-compatible smart contracts<\/a>. This means Bitcoin could support DeFi applications, NFTs, and even AI-powered blockchain projects \u2014 use cases that were previously limited to Ethereum.<\/p>\n Security is a top priority. PlutoChain <\/a>has undergone audits by SolidProof<\/a>, QuillAudits<\/a>, and Assure DeFi<\/a>, to make sure the network remains reliable and secure.<\/p>\n <\/a><\/p>\n During the testnet phase, it processed 43,200 transactions in a single day without issues, which demonstrates its ability to scale efficiently.<\/p>\n Unlike Bitcoin\u2019s miner-controlled upgrade process, PlutoChain <\/a>takes a more decentralized approach and gives users a say in network changes through a voting system.<\/p>\n <\/a><\/p>\n All of these projects are advancing in their respective lanes, but PlutoChain ($PLUTO)<\/a> might stand out as the most transformative project.<\/p>\n This Layer-2 solution could solve Bitcoin\u2019s biggest issues by making transactions faster, cheaper, and more flexible with smart contracts.<\/p>\n
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\nRipple (XRP): Fast Cross-Border Payments with Growing Institutional Adoption<\/h2>\n
Hedera (HBAR): Scalable Enterprise-Grade Blockchain for Secure Transactions<\/h2>\n
Solana (SOL): Ultra-Fast Blockchain for Scalable Applications<\/h2>\n
PlutoChain ($PLUTO): A Layer-2 Solution that Might Make Bitcoin Faster, Cheaper, and More Practical<\/h2>\n
The Takeaway: Which Project Shows the Most Promise?<\/h2>\n