XRP could be on the verge of a massive breakout as ETF developments drive optimism. Brazil’s approval of the first spot XRP ETF and the US SEC’s acknowledgment of Grayscale’s application mark major milestones – we’ll cover this topic in detail below. While XRP gains momentum, PlutoChain ($PLUTO) is gaining attention among whales by potentially tackling Bitcoin’s biggest issues—slow transactions and high fees. Let’s check out the deets below. XRP Price Prediction: Could XRP’s Price Get Higher With Recent ETF Developments? On February 20, 2025, Brazil’s Securities and Exchange Commission (CVM) approved the Hashdex Nasdaq XRP Index Fund, making it the first spot XRP ETF in the world. Managed by Hashdex, a well-known crypto asset manager, the fund will be available on Brazil’s B3 stock exchange. The official trading date is still unknown, but Hashdex has confirmed the approval and plans to share more details soon. Meanwhile, Grayscale’s XRP ETF application has cleared a key step as the US SEC formally acknowledged it . While this doesn’t mean approval is guaranteed, it’s a significant step forward, especially given Ripple’s ongoing legal battle with the SEC. Many expected a rejection, so this acknowledgment boosts confidence in XRP’s future. Some analysts even believe that XRP could surpass Ethereum as the second-largest cryptocurrency. Crypto analyst, Maxi shared their prediction for XRP where they expect it to hit $74.30 by December which would be a 2800% boost. How PlutoChain ($PLUTO) Might Improve Bitcoin With Faster Transactions, Lower Fees, and Ethereum Compatibility Bitcoin has long struggled with slow transactions, high fees, and network congestion. While blockchains like Ethereum and Solana have introduced solutions to improve scalability, Bitcoin’s core technology remains largely unchanged. PlutoChain ($PLUTO) , a hybrid Layer-2 solution, could offer a way to enhance Bitcoin’s efficiency without modifying its core network. By handling block times off-chain before finalizing them on Bitcoin’s base layer, PlutoChain might help reduce congestion and speed up processing. One of its biggest advantages could be speed. Instead of waiting nearly 10 minutes for confirmation, PlutoChain’s blockchain may complete block times in about two seconds. This improvement could make Bitcoin more practical for everyday payments, global transfers, and microtransactions. Lower costs are another potential benefit. By significantly reducing transaction fees, PlutoChain might make Bitcoin more accessible for regular use. Its Ethereum Virtual Machine (EVM) compatibility could also allow Ethereum-based applications—such as DeFi platforms, NFT marketplaces, and AI-powered tools—to connect with Bitcoin’s ecosystem. Early tests suggest PlutoChain has potential, with reports showing it processed 43,200 transactions in one day without issues. Security remains a major focus, with audits from firms like SolidProof , QuillAudits , and Assure DeFi . The project also emphasizes decentralized governance, allowing the community to influence upgrades and decisions. With its fast transactions, lower fees, and cross-chain capabilities, PlutoChain could help Bitcoin become more scalable and versatile, making it better suited for mainstream adoption. The Bottom Line With ETFs bringing new momentum to XRP, its price could see massive gains if adoption continues. Analysts predict a potential 2,800% surge, which could push XRP closer to the top of the crypto market. Meanwhile, PlutoChain might offer even greater utility by potentially improving Bitcoin’s speed, cost, and functionality. If it delivers on its features, it could change how Bitcoin is used, making it more efficient and practical. ———— Remember, this article is not financial or trading advice. All cryptocurrencies are volatile, and past performance is not a guarantee of future results. Always conduct your own research and/or consult with experts before making any crypto-related decisions. Trade responsibly. Forward-looking statements are uncertain and might not 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 .
