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Cryptocurrency News Articles
5 Crypto Projects That Could Trend in Early 2025: XRP, SOL, ADA, HBAR, and $PLUTO
Jan 12, 2025 at 07:15 pm
Five projects are trending in early 2025 - Ripple (XRP), Solana (SOL), Cardano (ADA), Hedera (HBAR), and PlutoChain ($PLUTO).
Five crypto projects to watch in early 2020: XRP, Solana, Cardano, Hedera, and PlutoChain
As we move into 2025, several cryptocurrency projects are making waves and showing promising potential. Here's a closer look at five projects that could be worth keeping an eye on in the coming year:
1. XRP Could Transform Cross-Border Payments with Speed and Low Fees
2. PlutoChain ($PLUTO) Could Solve Bitcoin's Transaction Bottlenecks and High Fees with Layer-2 Technology
3. Solana (SOL) Could Lead the Charge in Scalable Blockchain Solutions
4. Cardano (ADA) May Offer a Sustainable Approach to Blockchain Innovation
5. Hedera (HBAR) Could Enhance dApps with Its Secure Network
1. XRP Could Transform Cross-Border Payments with Speed and Low Fees
After a long wait, Ripple Labs finally got approval from the New York Department of Financial Services (NYDFS) to launch its RLUSD stablecoin. This news gave XRP a big boost, as its price surged over 23% in just a few days.
Now, more asset management firms are showing interest in XRP. WisdomTree has even launched a new XRP exchange-traded product (ETP) in Europe and started offering low management fees.
Currently, XRP is priced at $2.32, showing a 5.4% increase in the last 24 hours. It has a market cap of about $133.41 billion, with a circulating supply of around 57.45 billion XRP.
The all-time high for XRP was $3.40 in January 2018, and its lowest point was $0.0027 back in May 2014.
The RSI for XRP is currently at 44, which means it's neither overbought nor oversold.
According to Armando Pantoja, we could see XRP hit $2.89 soon, and it could even break $3. He sees key resistance at $3.50 and $4, with the potential for a surge to $8 or even $10.
2. PlutoChain ($PLUTO) Could Solve Bitcoin's Transaction Bottlenecks and High Fees with Layer-2 Technology
Bitcoin users often complain about slow transactions, high fees, and network congestion. But what if there was a way to solve these problems without sacrificing Bitcoin's security and decentralization?
That's where PlutoChain ($PLUTO) comes in. This project is offering a potential solution with its hybrid Layer-2 approach.
By creating a parallel network on top of Bitcoin's main blockchain, PlutoChain could ease traffic on the mainnet, lower transaction costs and boost scalability.
Compared to newer blockchains like Ethereum, Solana, and Cardano, which are faster and offer more room for developers, Bitcoin's 10-minute block time has held it back.
Using Layer-2 technology, PlutoChain could reduce block times to just 2 seconds. This could allow for efficient smart contracts while keeping Bitcoin's trusted and secure infrastructure intact.
It could move Bitcoin beyond a store of value into a versatile platform for developers.
Another key feature of PlutoChain is EVM compatibility. Developers could easily bring their Ethereum-based projects to Bitcoin, which could add more functionality and create space for innovations like DeFi applications, NFTs, and AI-driven projects.
The testnet has already shown solid results, handling up to 43,200 transactions a day, proving it can scale without congestion or delays.
Security is also top of mind for PlutoChain. The project has passed audits from SolidProof, QuillAudits, and Assure DeFi to make sure its smart contracts and network are secure.
Moreover, PlutoChain follows strict internal processes, like regular code reviews and stress tests, to stay ahead of potential vulnerabilities.
But what really sets PlutoChain apart is its community-driven approach. Users have a voice in the project's future. They can submit proposals, vote on decisions, and help shape the direction of PlutoChain. Every user’s opinion counts.
3. Solana (SOL) Could Lead the Charge in Scalable Blockchain Solutions
Solana (SOL) has been making waves in the crypto space with its impressive scalability and low transaction fees. In 2024, we saw several new projects launch on Solana, boosting its total value locked (TVL) to over $9 billion, thanks to platforms like Jito, Jupiter, Raydium, and Kamino.
Solana's transaction count also remained significantly higher than other chains, with over 100 million active addresses as of October 2024.
Currently, Solana (SOL) is priced at $198.60, up by 6.9% in the last 24 hours. It has a market cap of around $95.4
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