XRP News Today: Can DeFi Growth and CME Futures Launch Push Ripple to $10?
Ripple’s XRP remains a focal point in crypto discussions, with DeFi expansion and the Chicago Mercantile Exchange (CME) considering XRP futures as potential catalysts.
At the same time, PlutoChain ($PLUTO) could be a solution to Bitcoin’s scalability challenges. Its Layer-2 network may reduce congestion, lower fees, and near-instant transactions.
With Ethereum Virtual Machine (EVM) compatibility, PlutoChain could serve as a bridge connecting Bitcoin to DeFi, NFTs, and AI-driven innovation.
Let’s take a closer look at these projects.
XRP News: Can DeFi Growth and CME Futures Propel XRP to $10?
XRP is trading at $3.05, experiencing a slight decline from the previous close. From a technical perspective, XRP has found strong support between the 100-day and 200-day moving averages.
The Chicago Mercantile Exchange (CME) might launch XRP futures, which could transform the token’s market. This move could attract institutional investors, boost liquidity, and stabilize prices.
And with pro-crypto Paul Atkins to lead the SEC, XRP could see a new ATH soon, especially if there’s more positive news around the trial in the next few weeks.
PlutoChain ($PLUTO) Set to Revolutionize Bitcoin with Speedy Transactions and a Dev-Centric Platform
PlutoChain ($PLUTO) might completely change the way Bitcoin functions by addressing its key issues—slow transactions, high fees, and network congestion.
With its hybrid Layer-2 solution, PlutoChain may offer a parallel network that could seamlessly integrate with Bitcoin’s blockchain, improving scalability and reducing costs while handling more transactions.
Bitcoin’s block time of 10 minutes has always been a bottleneck, especially when compared to faster networks like Solana or Ethereum. PlutoChain steps up with a much quicker 2-second block time on its Layer-2 chain, potentially bringing new possibilities for Bitcoin, like smart contracts, decentralized finance (DeFi), and NFTs.
What’s even better is that it’s compatible with Ethereum’s Virtual Machine (EVM), meaning developers could easily bring their Ethereum projects onto PlutoChain.
The testnet already processes more than 43,000 transactions daily without any major issues, proving that it can handle real-world traffic.
As for security, the network is constantly audited by reputable firms like SolidProof, QuillAudits, and Assure DeFi, and it undergoes regular stress tests to ensure it remains safe and trustworthy.
The Bottom Line
While XRP’s potential for growth through DeFi and CME futures is promising, PlutoChain ($PLUTO) could be a major upgrade in addressing Bitcoin’s scalability challenges.
Its Layer-2 network, offering 2-second block times, and EVM compatibility could revolutionize how Bitcoin interacts with decentralized finance, NFTs, and AI.
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The information in this article does not represent financial or investment advice. Always research carefully before participating in the crypto market. Risks are inherent in forward-looking statements, which may not be revised.
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
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