XRP Price Prediction: Is $6 the Next Target After Ripple’s Latest Banking Deals?

With major banking partnerships and innovations like tokenized assets and stablecoins, Ripple is strengthening XRP’s role in cross-border payments and blockchain adoption. 

But as XRP expands its reach, Bitcoin still faces scalability challenges. That’s where PlutoChain ($PLUTO) comes in.

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Designed as a Layer-2 solution, it could address Bitcoin’s biggest hurdles — slow transactions, high fees, and energy inefficiency. 

By integrating Ethereum-based applications, PlutoChain might bridge the gap between Bitcoin and DeFi.

Here’s all you need to know about both projects. 

Ripple Price Prediction: Will Ripple’s Expanding Partnerships Push XRP to $6?

XRP is currently priced at approximately $3.12, which reflects a modest 0.4% uptick over the past 24 hours. Meanwhile, its RSI sits at 53, which places XRP in neutral territory without strong bullish or bearish momentum.

One of Ripple’s standout collaborations is with Ondo Finance which works to bring tokenized U.S. Treasuries to the XRP Ledger (XRPL). 

Ripple is also stepping into the stablecoin market with RLUSD, a U.S. dollar-pegged stablecoin designed to compete with industry giants like Tether and USD Coin. 

On the financial front, Ripple is deepening its partnerships with major institutions like Santander in the U.K. and the Canadian Imperial Bank of Commerce, which helps streamline and lower costs for cross-border payments.

Beyond banking, Ripple is also investing in blockchain research by teaming up with institutions like Cornell University to push innovation in crypto and blockchain technology. 

Crypto analyst Steph Is Crypto on X sees XRP’s breakout as confirmed and predicts a potential climb to $14, with a more conservative target of $5.

How PlutoChain Could Strengthen Bitcoin’s Security, Reduce Costs, and Bridge the Gap Between DeFi and The Bitcoin Ecosystem

Bitcoin changed the financial landscape, but it still struggles with slow transactions, high fees, and network congestion. These issues limit its ability to scale and reach mass adoption. 

Add energy inefficiency and limited programmability to the mix, and Bitcoin remains far from its full potential. PlutoChain ($PLUTO) steps in as a Layer-2 solution that could solve these challenges.

PlutoChain works by creating a network that could run alongside Bitcoin’s blockchain to reduce congestion, lower transaction costs, and improve overall efficiency.

Using Later-2 tech, it offers block times as short as 2 seconds, which is a huge leap from Bitcoin’s standard 10-minute blocks. This speed boost could make transactions much faster while requiring less computational power, which could ease Bitcoin’s energy consumption concerns.

Another major advantage is PlutoChain’s compatibility with the Ethereum Virtual Machine (EVM). This could open the door for Ethereum-based applications — such as DeFi platforms, NFTs, and AI — to integrate with Bitcoin’s ecosystem.

Bridging these two major networks could unlock new possibilities for Bitcoin’s real-world use cases. PlutoChain also showed its real-world use case by processing 43,200 transactions daily.

Security remains a top priority, with thorough audits from SolidProof, QuillAudits, and Assure DeFi, along with ongoing code reviews and stress tests.

Community participation is highly valuable to PlutoChain, which is why it gives users a say in partnerships, upgrades, and new features.

Is PlutoChain the Bridge Bitcoin Needs for Mass Adoption?

XRP and Ripple continue to strengthen their presence in the financial world, securing major banking partnerships and expanding into stablecoins and tokenized assets. 

These moves reinforce XRP’s role in global payments, but Bitcoin still struggles with scalability and high fees. That’s where PlutoChain ($PLUTO) could make a big difference.

By improving transaction speed, reducing costs, and integrating Ethereum-based applications, it has the potential to reshape Bitcoin’s ecosystem.

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.

Alexander Stefanov