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/PlutoChain/ –XRP is in the news again as former critic Davinci Jeremie now predicts it could surge to $24 — an 883% increase from its current price. We go into more detail on that below.
And PlutoChain ($PLUTO) could step in to try and tackle Bitcoin’s biggest issues: slow transactions and high fees. As a Layer-2 solution, it could speed up Bitcoin and expand its role.
Here’s what you need to know.
Can XRP Really Surge to $24? Expert Predictions and Market Reactions
In a surprising twist, well-known Bitcoin advocate and longtime XRP critic Davinci Jeremie has made a bold prediction in a recent post — XRP could skyrocket to $20-$24 in this bull run.
This is a major shift, considering Jeremie once dismissed XRP as a “shitcoin” and doubted its future. If his prediction holds, it would mean an 883% price surge from its current $2.63.
The crypto community reacted instantly. Tony Edward, host of the Thinking Crypto podcast, called it the “XRP hater capitulation” and pointed out how even former skeptics are changing their tune to avoid looking out of touch.
Despite this bullish call, Jeremie hasn’t fully changed his stance. He still advises against holding XRP long-term and argues that its close ties to traditional banks make it unpredictable.
As of today, XRP is trading at $2.62, down 3.8% in the last 24 hours. Despite the dip, trading activity remains strong, with a 24-hour volume of $4.14 billion. The price hit a high of $2.76 and a low of $2.62 during the day.
PlutoChain ($PLUTO): The Hybrid Layer-2 Solution That Could Supercharge Bitcoin With Faster Transactions, Lower Fees, and DeFi Integration
Bitcoin is powerful, but it’s not the fastest or cheapest option out there. Transactions can take 10 minutes or more to confirm, and when the network gets congested, fees can skyrocket.
This makes everyday use frustrating, whether you’re sending small payments, making cross-border transfers, or just trying to buy something online.
Luckily, PlutoChain ($PLUTO) is there with its hybrid Layer-2 technology that could process transactions off-chain and ease congestion on Bitcoin’s network. Instead of waiting minutes for confirmation, PlutoChain’s two-second block times could make BTC transactions nearly instant.
And it’s not just about speed — PlutoChain is designed to slash transaction fees. Right now, Bitcoin’s fees can be high, especially for microtransactions. PlutoChain’s efficiency could make BTC transfers much more affordable for both individuals and businesses.
PlutoChain could also open new doors for DeFi, NFTs, and smart contracts on Bitcoin. Thanks to Ethereum Virtual Machine (EVM) compatibility, developers could build dApps on Bitcoin’s network, something that wasn’t possible before.
PlutoChain has already demonstrated its potential by handling over 43,200 transactions in a single day during testing.
To ensure maximum security, the platform has undergone rigorous audits by SolidProof, QuillAudits, and Assure DeFi. PlutoChain also stays compliant with international regulatory standards and performs regular code reviews and stress tests.
As opposed to Bitcoin’s system where miners and developers make all the decisions, PlutoChain supports decentralized governance, which means it encourages users to propose and vote on important developments, upgrades and features.
The Bottom Line
XRP’s sudden shift in sentiment shows just how fast opinions can change in crypto. On the other hand, PlutoChain ($PLUTO) could expand Bitcoin’s overall utility.
With two-second transactions, lower fees, and smart contract support, PlutoChain could make Bitcoin faster, cheaper, and more useful.
In conclusion, PlutoChain’s approach to scaling Bitcoin could set a new standard for how blockchain technology is used in everyday life.
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.
Disclaimer: This publication is sponsored. Coinspeaker does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or other materials on this web page. Readers are advised to conduct their own research before engaging with any company mentioned. Please note that the featured information is not intended as, and shall not be understood or construed as legal, tax, investment, financial, or other advice. Nothing contained on this web page constitutes a solicitation, recommendation, endorsement, or offer by Coinspeaker or any third party service provider to buy or sell any cryptoassets or other financial instruments. Crypto assets are a high-risk investment. You should consider whether you understand the possibility of losing money due to leverage. None of the material should be considered as investment advice. Coinspeaker shall not be held liable, directly or indirectly, for any damages or losses arising from the use or reliance on any content, goods, or services featured on this web page.
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