XRP started the year with impressive market performance and groundbreaking developments. 

Currently trading at $3.01, it has gained 6.5% in 24 hours and surged 35.9% in the past month. 

Ripple’s launch of RLUSD, a U.S. dollar-pegged stablecoin backed by secure reserves, shows how committed the company is to innovation. 

With regulatory changes on the horizon, including pro-crypto leadership under President-elect Trump, XRP is poised for a pivotal year, but can it reach $30?

Beyond XRP, PlutoChain may emerge as a new innovator that could tackle Bitcoin’s persistent scalability issues.

Here’s all you need to know. 

Could XRP Skyrocket to $30 by 2025 Under Trump’s Leadership?

XRP is currently trading at $3.01, which shows a solid 6.5% gain in the last 24 hours. The price has been fluctuating between $3.04 and $3.28 during this period.

With a market cap of $175.09 billion, XRP holds its spot as the third-largest cryptocurrency. Its 24-hour trading volume is also impressive at $12.85 billion.

There are 57.56 billion XRP tokens in circulation, which gives it a strong presence in the market. 

While XRP is still 11.5% below its all-time high of $3.40, which it hit back in January 2018, it’s been on a notable upward trend lately. 

Over the last week, the price has climbed by 21.1%, and in the past month, it’s seen a sharp 35.9% jump.

Most of the trading is happening on major exchanges like Coinbase, where the XRP/USD pair alone has racked up $546.9 million in 24-hour volume.

The RSI is at 52 now, which puts XRP in the neutral zone. 

Recently, Ripple launched a U.S. dollar-pegged stablecoin called RLUSD, after receiving approval from the New York State Department of Financial Services. 

This stablecoin is backed by U.S. dollar deposits, government bonds, and cash equivalents. The goal is to offer a reliable digital asset for secure and stable transactions.

On the legal front, the Securities and Exchange Commission (SEC) filed an appeal against a 2023 federal court ruling. 

The ruling had determined that XRP was not a security when sold to retail investors through exchanges. This appeal adds another layer of complexity to the ongoing debate over XRP’s classification.

With Donald Trump taking office, President-elect Trump has chosen Paul Atkins, a known advocate for cryptocurrency, to lead the SEC. This change in leadership could be beneficial for digital assets like XRP.

Crypto analyst Armando Pantoja predicts XRP will surge to $8-$30 due to bullish technical indicators and potential regulatory changes, urging investors not to miss out.

Another analyst Brian, has a more conservative outlook and suggests XRP might momentarily drop to $2.90–$3.05 before bouncing back to $3.90.

PlutoChain ($PLUTO) Could Tap Into Bitcoin’s True Potential With Speed, Affordability, and Developer Tools

PlutoChain ($PLUTO) could redefine Bitcoin’s potential and shift it from “digital gold” to a robust ecosystem for modern applications.

Bitcoin recently smashed through the $100,000 milestone and hit an all-time high of $108,000. It remains the backbone of the crypto market, commanding over 53% of its total value. 

But, as Bitcoin leads, the big question is: What’s next for the world’s first blockchain?

PlutoChain is a hybrid Layer-2 solution that could address Bitcoin’s congestion, slow transactions, and high fees. 

By creating a parallel network, it could reduce mainnet traffic, lower fees, and increase speed. 

Using its Layer-2 tech, PlutoChain achieves 2-second block times, a massive improvement over Bitcoin’s 10-minute intervals. This could pave the way for Bitcoin to support smart contracts, DeFi, NFTs, and more.

EVM compatibility could make it easy for developers to migrate Ethereum-based projects to Bitcoin’s secure infrastructure. 

Its testnet processes 43,200 transactions daily, which showcases its ability to handle high demand with ease.

Security is PlutoChain’s top priority. It has undergone independent audits by SolidProof, QuillAudits, and Assure DeFi to guarantee trustworthiness. 

The core contributors also perform regular stress tests and adhere to global regulations to strengthen its credibility. 

PlutoChain also gives power back to the community. Users participate in decision-making and vote on proposals.

Final Thoughts

XRP continues to capture attention with its strong market performance, ongoing legal battles, and Ripple’s commitment to innovation. 

Meanwhile, PlutoChain might be interesting to watch because of its potential to push Bitcoin beyond a store of value.

By potentially addressing long-standing scalability challenges and enhancing utility, PlutoChain has the potential to expand Bitcoin’s capabilities without compromising its core strengths. 

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This article is not financial advice. Past results are not indicative of future returns, and the crypto market is inherently unpredictable. Readers must conduct their own thorough research before purchasing any crypto coin or token. These forward-looking statements are subject to risks and may remain unchanged.