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Cryptocurrency News Articles
PlutoChain ($PLUTO) Is The L2 Solution That Could Boost Bitcoin's Speed, Efficiency, and Cross-Network Integration
Feb 05, 2025 at 07:55 am
Bitcoin has faced issues with slow transaction speeds and high operational costs for years. PlutoChain ($PLUTO) might offer a solution to these problems.
While XRP grabs attention, another crypto might upgrade Bitcoin’s ecosystem with powerful L2 technology.
What Happened: Ripple Labs Inc (OTC:↠PPSOF) is grabbing headlines again as XRP fiyatı surges, sparking speculation about a potential rally to $18. However, another cryptocurrency, PlutoChain ($PLUTO), is preparing to integrate with Bitcoin, offering a solution to the network’s scalability issues.
Ripple’s Trump Meeting, Whale Activity May Fuel XRP Surge To $18?
Recent developments have highlighted the possibility of XRP surging to $18 from its current price, which stands at $2.66.
One notable event is Ripple CEO Brad Garlinghouse’s meeting with President Donald Trump, where discussions reportedly centered on integrating U.S.-developed digital assets, including XRP, into a proposed national crypto reserve.
This meeting aligns with Trump’s campaign pledge to establish a Bitcoin reserve, among other potential crypto-focused policies, to strengthen the U.S. digital economy.
Moreover, significant whale activity has been observed in the XRP market. As recently posted by Ali Martinez, XRP whales have purchased over $1 billion since mid-January.
According to Eye Future AI, XRP fiyatı dropped from $2.37 to $2.26, with a suggested stop loss at $2.77 and a take-profit target of $1.98.
PlutoChain Is The L2 Solution That Could Boost Bitcoin’s Speed, Efficiency, Cross-Network Integration
Bitcoin has long grappled with issues of slow transaction speeds and high operational costs. Enter PlutoChain ($PLUTO), which might have a solution. Instead of Bitcoin’s standard 10-minute block time, PlutoChain boasts a 2-second block time on its L2 chain.
Another key feature is PlutoChain’s compatibility with Ethereum’s Virtual Machine (EVM). This integration could allow developers to effortlessly move projects between networks, expanding Bitcoin’s capabilities beyond its current limitations.
Initial tests of the integration have shown promising results. In fact, PlutoChain has already processed over 43,200 transactions daily.
Security is also a top priority for the project. Having worked with trusted auditing firms like SolidProof, QuillAudits, and Assure DeFi, the project aims to ensure its technology is sound and reliable.
With its unique governance model, PlutoChain allows users to participate in decisions through voting, giving them a direct say in the growth of the platform’s ecosystem.
By addressing these challenges in Bitcoin’s infrastructure, PlutoChain could help make Bitcoin more practical for everyday use, potentially streamlining digital transactions and closing the technological gaps that are currently holding Bitcoin back.
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