Peter Brandt’s jaw-dropping XRP price prediction has drawn attention, leading many to wonder if a 10x surge is on the horizon for Ripple – we’ll explore further below.
But, while all eyes are on XRP, another project—PlutoChain ($PLUTO)—might also be interesting to keep an eye on with its hybrid Layer-2 approach that could upgrade BTC’s ecosystem.
With upcoming upgrades that could solve Bitcoin’s scalability issues, PlutoChain’s Layer-2 solution may bring faster transactions, lower fees, and seamless Ethereum compatibility.
Let’s dive into what makes these two projects hot right now.
Peter Brandt’s Bold XRP Price Prediction Sparks Speculation of a 10x Surge for Ripple
XRP is trading at $2.96, with a slight decline of 4.52% from the previous close, but still holding steady within a narrow range.
XRP is testing important support and resistance levels right now. Support sits at $2.96, and if it drops below that, we could see more downward movement. On the flip side, the resistance level is at $3.12. If XRP breaks above that, it could keep pushing higher.
Peter Brandt recently shared on Twitter that XRP’s “half-mast flag” pattern should be completed within six weeks for a potential breakout. If it plays out, he believes XRP’s market cap could reach $500 billion. But if momentum slows, the pattern might break down, leading to uncertainty about XRP’s next move.
Could PlutoChain ($PLUTO) Be Bitcoin’s Missing Link? Faster Transactions, Lower Costs, and Ethereum Integration
The blockchain world may soon see a major shift in how people use Bitcoin, thanks to a project called PlutoChain ($PLUTO).
While Bitcoin stands as the giant of cryptocurrencies, it struggles with some basic problems – transactions take too long and cost too much. That’s where PlutoChain could jump in. Instead of Bitcoin’s standard 10 minute block time, PlutoChain offers a block time of just 2 seconds on its own L2 chain.
Since PlutoChain works with Ethereum’s Virtual Machine (EVM), developers might easily bring their Ethereum projects over, potentially expanding Bitcoin’s capabilities into areas it couldn’t reach before. During its test phase, PlutoChain showed promising results – it can handle more than 43,200 transactions per day easily.
The project takes security seriously too, with multiple audits from respected firms like SolidProof, QuillAudits, and Assure DeFi. PlutoChain could also put power in users’ hands. The community might get to vote on important changes and new features, which could help keep the platform focused on what users need.
By potentially solving Bitcoin’s speed and cost problems while adding Ethereum compatibility, PlutoChain might be the upgrade that helps Bitcoin work better for everyday use.
The Bottom Line
Peter Brandt’s bold prediction for XRP has certainly brought excitement to the market, leaving many to wonder if a 10x surge is on the horizon.
On the other hand, PlutoChain ($PLUTO) could unlock Bitcoin’s full potential by linking Ethereum’s DeFi ecosystem with Bitcoin’s robust infrastructure.
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