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Cryptocurrency News Articles

Hedera (HBAR) Expands Enterprise Adoption, While PlutoChain ($PLUTO) Aims to Transform Bitcoin into a Practical Payment System

Feb 06, 2025 at 08:00 am

HBAR's ecosystem includes collaborations with Boeing, IBM, and Chainlink, all of which strengthen its DeFi and security infrastructure.

Hedera (HBAR) Expands Enterprise Adoption, While PlutoChain ($PLUTO) Aims to Transform Bitcoin into a Practical Payment System

Hedera (HBAR) is expanding its enterprise adoption with major partnerships, while PlutoChain ($PLUTO) might get whale attention with its L2 technology. Let’s check out the deets.

Hedera (HBAR) is currently priced at approximately $0.2468, with a 3.4% increase over the past 24 hours. The token’s 24-hour trading volume stands at around $968 million. With an RSI of 38, HBAR is currently in oversold territory.

Major companies like Boeing, IBM, LG Electronics, and Tata Communications are already working with Hedera, which boosts its credibility and expands real-world use cases.

Hedera is also stepping into the future of security with SEALSQ Corp, working on quantum-resistant semiconductors. Their upcoming QS7001 hardware, set to launch in 2025, aims to protect against quantum computing threats — an issue many blockchain networks will eventually face.

Another exciting development is Hedera’s collaboration with Nvidia, Intel, and EQTY Labs to create Verifiable Compute, a solution designed for AI-driven enterprise applications.

Twitter analyst DaGuyOverThere predicts that HBAR could reach a price range of $10 to $20 over the course of 2025.

Bitcoin, despite its dominance among blockchain, faces significant limitations for everyday transactions. Its slow processing times, high fees, and network congestion make practical applications difficult.

While networks like Ethereum and Solana have implemented scaling solutions, Bitcoin remains constrained by these fundamental issues.

PlutoChain ($PLUTO) may bring a potential solution as a Layer-2 platform designed to enhance Bitcoin’s functionality. By building on top of the Bitcoin network, PlutoChain could address the core issues that have limited Bitcoin’s practical adoption.

By leveraging Layer-2 technology, the platform offers 2-second block times, a dramatic improvement over Bitcoin’s 10-minute confirmation period.

This speed enhancement could make Bitcoin viable for daily transactions, international transfers, and micro-payments – use cases that were previously impractical. Reduced transaction fees could further remove barriers to adoption and potentially encourage active use rather than mere storage.

PlutoChain's EVM compatibility may represent a significant advancement that could enable integration with Ethereum-based applications including DeFi platforms, NFT marketplaces, and AI projects.

This interoperability could expand Bitcoin’s role in the broader blockchain ecosystem beyond its current status as a store of value.

The platform has demonstrated robust scalability by processing over 43,200 transactions in a single day during testing periods. This throughput indicates PlutoChain's capacity to handle substantial network activity without performance degradation.

For PlutoChain security is paramount, which is why it has already undergone audits conducted by SolidProof, QuillAudits, and Assure DeFi, along with ongoing code reviews and stress testing.

As opposed to Bitcoin’s traditional decision-making structure dominated by miners and developers, PlutoChain introduces decentralized governance. This approach gives users direct input into network development and upgrades.

Through these improvements in speed, cost, compatibility, and governance, PlutoChain could help transition Bitcoin from purely digital gold to a practical payment system.

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