XRP News Today – Can Trump’s Deregulation Spark a 10X XRP Rally?

XRP is back in the spotlight as speculation around Trump's potential deregulation policies gains traction. From a technical perspective, XRP has been hovering around $3.10, showing resilience despite recent market fluctuations.

XRP, the native token of the Ripple blockchain, has been the subject of intense speculation lately, particularly in light of rumors surrounding Trump’s potential deregulation policies.

As XRP’s price movements continue to be closely monitored, many users are anticipating a significant surge if Trump's administration makes any moves to deregulate the crypto industry.

Some XRP proponents believe that the token has the potential for a 10X rally over the next few years if regulatory clarity and institutional adoption continue to improve.

However, XRP’s price has taken a hit today as the broader market experiences a downturn, wiping out an entire week’s gains in just minutes.

After a major surge mid-January, XRP has dumped hard in the last 24 hours following the entire market down. Source: Brave New Coin XRP Liquid Index

Meanwhile, Bitcoin’s inherent limitations in speed and scalability have raised concerns about its ability to support modern blockchain applications, such as DeFi and Web3.

While Bitcoin is renowned for its security and network stability, its slow transaction times and high fees have made it less suitable for these emerging use cases.

However, a Layer-2 solution known as PlutoChain could potentially step in to solve these challenges and introduce a high-performance platform designed to enhance Bitcoin’s efficiency and expand its utility beyond simple transactions.

PlutoChain might significantly improve Bitcoin’s transaction speed by implementing 2-second block times and processing up to 43,200 transactions daily.

This could address Bitcoin’s well-known congestion issues and potentially make it more suitable for real-time applications and high-frequency trading. Faster transaction speeds also reduce network costs, which could provide a more efficient and scalable infrastructure for users and businesses.

One of PlutoChain’s standout features is its full Ethereum Virtual Machine (EVM) compatibility. This might let Ethereum-based smart contracts and DeFi applications operate seamlessly on Bitcoin’s network.

Developers can deploy decentralized applications (dApps) without extensive modifications, which could bridge the gap between Bitcoin’s security and Ethereum’s flexibility.

This integration could unlock new financial products and services, from lending protocols to decentralized exchanges (DEXs), all powered by Bitcoin’s robust network.

Security remains a top priority for PlutoChain, and the platform has undergone rigorous audits from SolidProof, QuillAudits, and Assure DeFi. These audits ensure that PlutoChain maintains a secure and reliable environment for users.

PlutoChain might attract developers and enterprises who want to build advanced cross-chain applications by providing a scalable and interoperable framework.

The platform’s ability to integrate with existing blockchain ecosystems could make it a powerful tool for financial institutions, fintech companies, and dApp developers who seek to leverage Bitcoin’s liquidity while benefiting from Ethereum’s smart contract capabilities.

The Bottom Line

Despite today’s price slide, XRP’s potential for a 10X rally is gaining traction as Trump’s deregulation policies fuel optimism in the market.

Meanwhile, PlutoChain could continue to push Bitcoin’s scalability forward with its Layer-2 solution and offer 2-second block times, cross-chain compatibility, and AI-driven applications.

While XRP navigates market shifts, PlutoChain’s focus on enhancing Bitcoin’s efficiency could make it a project worth watching for in the upcoming weeks and months.

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