XRP News Today: Is Now the Time to Accumulate Before XRP Hits $7?

XRP is showing strong potential heading into 2025, with some positive technical indicators and growing interest on its side.

Certain recent market trends have made rumors that XRP could surge toward the $7 milestone in the near future, especially if the broader crypto market continues its bullish run.

Meanwhile, PlutoChain ($PLUTO) could gain attention as a new Layer-2 solution for Bitcoin, potentially solving scalability issues and bringing new opportunities for cross-chain integration.

Below, we’ll see more details.

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XRP Price Prediction – What Does Technical Analysis Suggest?

XRP (XRP) has been making solid progress over the past weeks, recently hitting an all-time high of $3.02 on January 15. At the time of writing, it’s trading around $3.14, with strong bullish momentum driving its growth.

Technical indicators show that XRP is facing resistance at $3.10, with the next major hurdle at $3.30 – but if it manages to break through these levels, it could make the way for a potential climb toward $4 and beyond.

However, if the price fails to keep the momentum and drops below the $3 mark, support at $2.88 will be the next level to watch.

Several analysts have previously set ambitious price targets for XRP, including predictions of it reaching as high as $7.

For instance, Arthur Azizov of B2BinPay forecasted a rise to $5–$7 in early 2025.

Analysts at CoinCodex offer a more conservative approach, citing a maximum price of $4.79 in March of this year.

Even so, XRP’s strong fundamentals, ongoing legal victories, and its growing use in cross-border payments make it a token worth monitoring closely.

Could PlutoChain Upgrade Bitcoin by Adding Smart Contracts?

PlutoChain ($PLUTO) could expand Bitcoin’s capabilities by bringing DeFi, NFTs, and AI-powered applications into its network.

With a focus on keeping Bitcoin’s popular security, PlutoChain could bring new functionality to the network.

Its EVM compatibility might allow Ethereum-based applications to smoothly integrate with Bitcoin and address interoperability challenges that have previously limited the cross-chain potential.

On the technical aspect, PlutoChain has some impressive features to show.

It handles up to 43,200 transactions daily with block times as low as 2 seconds, suggesting a fast and scalable infrastructure built for growth.

Plus, the project has been audited by credible firms such as SolidProof, QuillAudits, and Assure DeFi providing an extra layer of assurance on its security.

The platform’s decentralized governance structure further improves its function, especially to those who appreciate its community-powered approach.

While a combination of advanced technology, security, and governance could position it as an important part of the Layer-2 sector – it could also reshape how Bitcoin can be used in the future.

The Takeaway

Even though XRP’s way to $7 seems promising at first, there are many obstacles it needs to face before hitting the big milestone. 

With the broader market showing positive signs for it to happen, investors are waiting to see XRP breaking new marks.

Meanwhile, PlutoChain could become an important Layer-2 addition by bringing DeFi, NFTs, and AI-powered applications to Bitcoin’s network.

Keep yourself updated about the latest developments by following PlutoChain it on Twitter, Discord, and Telegram.

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.

Kostadin Dimitrov