Ripple is still trending in the international money transfer space, with its ODL solution helping banks move funds faster and cheaper than ever before. As more financial institutions jump on board and new partnerships keep rolling in, some market participants are discussing whether XRP’s price could hit $25 – especially given the growing demand for efficient cross-border payments. Meanwhile, a potentially interesting newcomer called PlutoChain ($PLUTO) is working on making Bitcoin more versatile. As a Layer-2 solution that could build on top of Bitcoin, PlutoChain might help solve some of Bitcoin’s long-standing challenges by adding new features while keeping the network’s core strengths intact. XRP Price Prediction – Can Ripple’s Financial Feature Updates and Global Expansion Help it Reach $25 Soon? XRP is currently trading around $3.14, with the price holding steady and showing little change recently. The Relative Strength Index (RSI) is at 46.26, which indicates neutral momentum. This means the market isn’t leaning strongly toward buyers or sellers, leaving room for potential price movement in either direction. The 50-day Simple Moving Average (SMA) is at $3.15, slightly above the 200-day SMA at $3.14. This setup suggests a mild bullish trend but doesn’t point to anything too dramatic. Ripple’s ODL represents a major advancement in cross-border payments by eliminating pre-funded accounts and enabling near-instant transactions. The system leverages XRP as a bridge currency, reducing costs and complexity for financial institutions during currency conversions. This approach has already attracted partnerships with banks and payment providers across Asia, Latin America, and the Middle East. The company’s legal landscape shifted significantly in July 2023 when Judge Analisa Torres ruled that XRP sales on exchanges to retail investors don’t constitute security transactions – a major development for Ripple’s future. Since this ruling, several exchanges have relisted XRP, expanding its market accessibility and trading volume. More recently, Ripple has demonstrated its commitment to expansion through two key initiatives – launching the USD-pegged stablecoin RLUSD and pursuing an IPO. These moves could potentially expand the XRP Ledger’s user base and utility in the financial ecosystem. The addition of RLUSD particularly helps Ripple compete in the growing stablecoin market, while an IPO could provide the capital needed to accelerate global expansion and product development. Lai Jr. suggests XRP could reach $4-$8 by early 2024, citing potential market enthusiasm around the U.S. election cycle, with further gains to $10-$34 possible depending on developments in Ripple’s legal proceedings. Meanwhile, technical analyst CryptoBull , using Elliott Wave theory, projects XRP could first climb to $13 before potentially pushing toward the $20 mark as part of a broader bullish cycle. PlutoChain ($PLUTO) May Hold Potential to Bring Major Upgrades to BTC’s Secure Network in 2025 with L2 Tech and Smart Contracts PlutoChain ($PLUTO) is developing a Layer-2 solution that may enhance Bitcoin’s functionality beyond its traditional role as a store of value. While Bitcoin’s network provides unmatched security and decentralization, its 10-minute block time has limited its potential for more complex applications, especially when compared to faster networks like Ethereum or Solana. PlutoChain could address this limitation by achieving 2-second block times on its own chain while leveraging Bitcoin’s underlying security. Early testnet results are promising, demonstrating capacity for over 43,200 daily transactions, suggesting strong potential for real-world applications. This speed improvement could open doors for developers to build high-performance decentralized applications (dApps) on top of Bitcoin’s trusted network. The project may also stand out for its community-driven governance model, moving away from centralized decision-making in favor of user participation in protocol updates. This approach could help maintain decentralization while ensuring the platform evolves according to user needs. Security has been a primary focus, with comprehensive audits completed by respected firms including SolidProof , QuillAudits , and Assure DeFi . PlutoChain’s compatibility with the Ethereum Virtual Machine (EVM) could also be important, potentially bridging the gap between Bitcoin’s security and Ethereum’s versatility. This compatibility enables developers to deploy smart contracts, DeFi protocols, NFT marketplaces, and AI applications on the Bitcoin network. The integration of these features could transform Bitcoin from purely a digital asset into a comprehensive platform for blockchain innovation. Furthermore, this interoperability could attract Ethereum developers to build on PlutoChain, potentially creating a new ecosystem of Bitcoin-based applications that combine the best aspects of both networks. The Takeaway As Ripple’s ODL solution gains traction in the global financial system, XRP’s role in cross-border payments continues to expand. While some project ambitious price targets reaching $25-30, the real value lies in ODL’s growing adoption by financial institutions worldwide and Ripple’s strategic moves with RLUSD and IPO plans. Meanwhile, PlutoChain’s approach to Bitcoin scaling may present intriguing possibilities for broader blockchain innovation. By combining fast transaction speeds with Bitcoin’s security and adding smart contract capabilities, PlutoChain could help bridge the gap between Bitcoin’s store of value proposition and the demands of modern decentralized applications. —————– Please keep in mind that this article is not financial advice. All crypto tokens are volatile, and trading involves risk. Always do your own research and consult a qualified expert before joining any crypto venture. Mention of any tokens in this article does not guarantee future performance. Statements regarding the future carry risks and are not assured to be updated. Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .
