XRP, HBAR, SOL Gain Momentum as PlutoChain ($PLUTO) Gathers Whale Attention

Major cryptocurrencies are showing promising developments. XRP benefits from growing institutional adoption, HBAR strengthens its enterprise presence with Mondelēz

Major cryptocurrencies are showing promising developments. XRP benefits from growing institutional adoption, HBAR strengthens its enterprise presence with Mondelēz joining its council, and Solana gains momentum through Visa's integration of USDC.

Meanwhile, PlutoChain ($PLUTO) is gathering whale attention as a potentially groundbreaking Layer-2 solution for Bitcoin. The platform might be able to transform Bitcoin from a store of value into a practical payment system through enhanced scalability and functionality.

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Let's have a closer look at each project and why it stands out.

Ripple (XRP): Fast Cross-Border Payments with Growing Institutional Adoption

XRP is currently trading at approximately $2.43, which marks a 0.9% increase in the last 24 hours. Daily trading volume reached around $4.9 billion.

Ripple recently minted 9.1 million RLUSD tokens following listings on Bitstamp and Bullish, with ongoing discussions to bring its stablecoin to Binance and Coinbase.

Meanwhile, its legal dispute with the SEC continues and creates uncertainty around XRP's long-term prospects. Despite this, Ripple is considering an IPO and potentially joining Circle and Kraken in going public if U.S. regulations become more favorable.

Excitement is also building around BlocScale's $BLOC token, which runs on the XRP Ledger and could attract more projects and investors. Crypto analyst STEPH IS CRYPTO suggests XRP has formed a double bottom pattern and sets a bold price target of $30.

Hedera (HBAR): Scalable Enterprise-Grade Blockchain for Secure Transactions

Hedera is currently priced at approximately $0.2374, with a 24-hour trading volume of about $282 million.

Speculation is growing around the possibility of an HBAR-focused ETF. If approved, it could bring more institutional attention to Hedera.

Beyond ETF talks, Hedera continues enhancing its network. A recent update introduced the Tiered HBAR Rate Limiter for its JSON-RPC Relay, which organizes users into different spending tiers. This system aims to make transaction fees more predictable and cost-effective.

Hedera is also strengthening its governance. Mondelēz International, a global food industry leader, recently joined its Governing Council. According to Gilmore Estates, HBAR could skyrocket to $250 by 2050, especially with its involvement in a SpaceX-powered satellite launch.

Solana (SOL): Ultra-Fast Blockchain for Scalable Applications

Solana is now priced at about $203.13, down 0.58% in the last 24 hours. Throughout the day, its value has ranged between $194.02 and $204.64, with a trading volume of approximately $4.5 billion over the same period.

Visa recently announced plans to use Solana's blockchain for payments with the stablecoin USDC, to improve transaction speed and efficiency for merchants.

In the DeFi space, Solana's Total Value Locked (TVL) has grown by 8.25% and reached $8.95 billion.

Platforms like Hyperliquid have seen a surge in activity, and stablecoin holdings on Solana have increased by $1 billion, which pushed the total to nearly $5 billion.

The developer community is also active, with projects like Wormhole and Pyth Network driving innovation. Wormhole connects Solana with other blockchains, while Pyth Network provides real-time data for DeFi applications.

Analyst Juan Cena believes Solana could hit $1,000 this cycle and estimates its market cap to range between $450 and $500 billion.

PlutoChain ($PLUTO): A Layer-2 Solution that Might Make Bitcoin Faster, Cheaper, and More Practical

Bitcoin revolutionized digital finance, but it still isn't ideal for everyday use. Transactions take too long, fees are high, and businesses hesitate to accept them due to the lack of refund options.

All this has kept Bitcoin from becoming a truly global payment system. PlutoChain ($PLUTO) is a Layer-2 solution that could make Bitcoin faster, cheaper, and more practical for daily transactions.

Instead of waiting up to 10 minutes for a transaction to confirm, PlutoChain has block times of just two seconds. This could make Bitcoin much more convenient for things like online shopping or international transfers.

Lower fees are another major benefit. High transaction costs often discourage smaller payments, but PlutoChain is designed to significantly reduce fees, which could make Bitcoin more affordable for everyone.

Beyond payments, PlutoChain could expand Bitcoin's potential by introducing Ethereum-compatible smart contracts. This means Bitcoin could support DeFi applications, NFTs, and even AI-powered blockchain projects — use cases that were previously limited to Ethereum.

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