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Cryptocurrency News Articles

Ripple and PlutoChain: Two Projects Trying to Solve Major Crypto Issues

Feb 08, 2025 at 03:23 am

Ripple's latest move bridges traditional finance with crypto, which could make XRP a go-to network for institutional investors looking for on-chain exposure to stable assets. Meanwhile, a new project is trying to tackle BTC's issues and upgrade its ecosystem – PlutoChain ($PLUTO). With instant transactions, lower fees, and Ethereum compatibility, it could finally bring Bitcoin the scalability it needs.

Ripple’s latest move could pave the way for XRP to become the go-to network for institutional investors seeking on-chain exposure to stable assets.

In other news, a new project is aiming to revolutionize Bitcoin with instant transactions, lower fees, and seamless Ethereum integration. This project is none other than PlutoChain ($PLUTO).

Let’s dive into the latest updates on both projects and how they could impact the crypto landscape.

институциональные инвесторы, стремящиеся получить блокчейн-экспозицию по стабильным активам, могут сделать XRP сетью номер один.

In a major development, Ondo Finance has announced that tokenized short-term U.S. Treasuries will be launched on the XRP Ledger (XRPL). These digital assets, backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), will be accessible through Ripple’s RLUSD stablecoin.

This move could open up a new avenue for institutions to gain exposure to blockchain-based instruments. As a result, XRP might become a go-to network for institutional investors seeking on-chain exposure to stable financial instruments.

According to Armando Pantoja, a well-known XRP technical analyst, this news could propel XRP to $2 with ease, with a long-term target of $8 to $20 in the upcoming months of 2025.

Bitcoin still suffers from slow transaction speeds, high fees, and network congestion, which have limited its practical applications. While Ethereum and Solana have adopted innovative scaling solutions, Bitcoin has yet to implement a system that makes it more practical for everyday use.

PlutoChain ($PLUTO) is a Layer-2 solution that aims to solve this problem by making Bitcoin faster, cheaper, and more adaptable. Operating alongside Bitcoin, PlutoChain could ease congestion and improve transaction speeds without altering Bitcoin’s core framework.

Instead of the typical 10-minute Bitcoin block time, PlutoChain boasts a two-second block time by utilizing Layer-2 technology. This near-instant speed could make Bitcoin a realistic option for everyday purchases and cross-border payments, areas where it has struggled due to long wait times and high costs.

Another issue that PlutoChain aims to address is Bitcoin’s high transaction fees. By drastically reducing these costs, the platform could eliminate a major barrier that prevents individuals from using Bitcoin for daily transactions. Lower fees could encourage widespread adoption and make Bitcoin more practical beyond just being a store of value.

Finally, PlutoChain is fully compatible with the Ethereum Virtual Machine (EVM), which enables seamless integration between Bitcoin and Ethereum. This means that Ethereum-based applications, such as DeFi platforms, NFT marketplaces, and AI-driven projects, could be effortlessly integrated with Bitcoin through PlutoChain.

During the testnet phase, PlutoChain processed 43,200 transactions in a single day without any network issues, showcasing its capability to handle high-volume activity.

Highlighting the importance of security, the platform has been audited by SolidProof, QuillAudits, and Assure DeFi, with regular code reviews and stress testing to maintain stability and protection against potential threats.

Another key aspect of PlutoChain is its decentralized governance model, which could allow the community to propose and vote on upgrades, partnerships, and protocol changes, rather than having a centralized authority dictate these decisions.

институциональные инвесторы, стремящиеся получить блокчейн-экспозицию по стабильным активам, могут сделать XRP сетью номер один.Ripple’s latest integration of BlackRock-backed tokenized treasuries on the XRP Ledger marks a significant step in bridging traditional finance with blockchain.

Meanwhile, PlutoChain ($PLUTO) could reshape Bitcoin’s potential with its lightning-fast transactions, drastically lower fees, and seamless Ethereum integration.

By addressing Bitcoin’s scalability challenges, PlutoChain could help transform it from a slow-moving store of value into a fully functional, efficient, and widely adopted network.

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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.

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