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Cryptocurrency News Articles
Ripple (XRP) Price Prediction: Institutional Interest, Strategic Partnerships, and ETF May Signal a Breakout
Feb 12, 2025 at 02:38 am
Major asset managers such as 21Shares, Bitwise, Canary Capital, and WisdomTree have filed applications with the U.S. Securities and Exchange Commission (SEC) to launch spot XRP exchange-traded funds (ETFs).
Major institutional interest is building in XRP, with 21Shares, Bitwise, Canary Capital, and WisdomTree filing applications to launch spot XRP exchange-traded funds (ETFs) with the U.S. Securities and Exchange Commission (SEC).
In addition to ETF interest, Ripple has been actively forming strategic partnerships to enhance its ecosystem.
Ripple has secured key partnerships with Unicâmbio to enhance cross-border payments between Portugal and Brazil, Ondo Finance to tokenize U.S. Treasury securities on the XRP Ledger, and Revolut and Zero Hash to expand access to its RLUSD stablecoin, broadening XRP’s financial ecosystem.
Crypto expert KPi shared his thoughts on XRP, considering it a strong trade and predicting a potential breakout that could drive XRP to as high as $17 by Q4.
Bitcoin still struggles with slow transaction speeds, high fees, and frequent congestion. Unlike Ethereum and Solana, which have improved scalability, Bitcoin hasn’t evolved as quickly in terms of efficiency.
PlutoChain ($PLUTO) aims to solve this by offering a hybrid Layer-2 solution that works alongside Bitcoin, promising to speed up transactions, cut fees, and make Bitcoin more usable, without compromising its core security.
While Bitcoin’s typical blocktime is around 10 minutes, PlutoChain’s Layer-2 network can process transactions in just 2 seconds. This could make Bitcoin much more practical for everyday payments.
On top of improving speed, PlutoChain may also reduce transaction costs, making Bitcoin more accessible for both users and businesses, which could encourage more real-world use, from personal payments to business integrations.
One of PlutoChain’s key features is its compatibility with Ethereum’s Virtual Machine (EVM), potentially allowing developers to seamlessly transfer projects across networks. This could connect Bitcoin to a wider range of decentralized applications (dApps) and smart contracts, greatly expanding its use cases.
During testing, PlutoChain processed over 43,200 transactions in a single day without any issues.
Backed by its reliability, several audits from trusted firms have been conducted, including SolidProof, QuillAudits, and Assure DeFi. PlutoChain’s decentralized model also gives users a voice in its development, ensuring that the platform evolves with the community’s needs.
With faster transactions, lower fees, and seamless cross-chain compatibility, PlutoChain could be the key to unlocking Bitcoin’s full potential and driving its adoption forward.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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