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ARTICLE AD BOX
Bitcoin (BTC) reached its ATH this year and could be heading for another one.
Ethereum (ETH), Ripple (XRP), and Bonk (BONK) are also trending right now with some major network updates and the potential to see new surges in the 2025 rally.
PlutoChain ($PLUTO) could be introducing a new and better solution to Bitcoin’s longstanding challenges with its hybrid Layer-2 technology.
Here’s a closer look at these projects.
PlutoChain ($PLUTO) Is a New Hybrid Layer-2 Project That Could Finally Expand BTC’s Capabilities
PlutoChain ($PLUTO) might have a solution to some of Bitcoin’s most persistent challenges, including slow transaction speeds, high fees, and network congestion.
By introducing a Layer-2 system, PlutoChain may create a parallel network that could reduce the strain on Bitcoin’s primary blockchain.
This setup could enable faster and more cost-efficient transactions and address the limitations of Bitcoin’s traditional 10-minute block time.
With a block time of just 2 seconds on its own L2 network, PlutoChain has the potential to transform Bitcoin into a more agile platform for smart contracts while preserving its renowned security.
The integration of Ethereum Virtual Machine (EVM) compatibility further enhances its appeal and potentially allows developers to easily migrate projects from Ethereum to Bitcoin.
This capability could pave the way for exciting applications in decentralized finance (DeFi), NFTs, and AI.
PlutoChain’s testnet has already processed over 43,200 transactions daily, which shows it’s able to handle real-world demands with efficiency.
The project prioritizes security and has undergone thorough audits by SolidProof, QuillAudits, and Assure DeFi to guarantee robust protection for users and their assets.
Community engagement plays a central role in PlutoChain. Early adopters actively shape the project’s direction by voting on upgrades, partnerships, and new features. These decisions are made through open discussions, usually on Discord.
BONK Is Powering Solana’s Community-Driven Ecosystem
At the beginning of the year, BONK’s price was approximately $0.00001437. It reached a year-to-date high of $0.00003917 on March 5, 2024.
As of December 25, 2024, Bonk (BONK) is trading at approximately $0.00003361, a 6.2% increase over the past 24 hours.
Bonk’s RSI is currently at around 56, which indicates a neutral to slightly bullish market sentiment.
CoinEdition forecasts that BONK might reach a high of $0.000094 in 2025, spurred by community support and broader market enthusiasm. Conversely, market corrections and profit-taking could drop the price to $0.0000373.
Ripple (XRP): Redefining Cross-Border Payments
XRP has seen a 300% price surge over the past month, largely due to Ripple’s active expansion of partnerships and its focus on improving payment solutions.
As of December 25, 2024, XRP is valued at approximately $2.29, which marks a 1.7% gain in the past 24 hours.
It continues to hold support at the 26 EMA, with a potential breakout pushing prices toward $2.40 or higher, reaching between $2.60 and $2.80.
A drop below this level could result in a decline to the 50 EMA, around $1.69. With an RSI of 52, XRP currently rests in a neutral zone.
Looking ahead, crypto analyst Armando Pantoja forecasts a price range of $8 to $12 for 2025.
Analyst Javon Marks points out strong technical indicators and predicts that XRP could potentially reach $15 or even $20.
Bitcoin (BTC) Is Still the World’s Leading Asset That’s Shaping the Future of Digital Finance
In 2024, Bitcoin (BTC) surpassed the $100,000 milestone and reached an all-time high of approximately $108,000.
As of December 25, 2024, Bitcoin (BTC) is trading at approximately $95,674.79, a 0.6% increase over the past 24 hours.
BTC climbed over 3%, breaking past $98,000 and reaching a peak of $98,020. In the last 24 hours, approximately $40 million in BTC short positions were liquidated. Key resistance is now observed at $98,500.
Bitfinex projects Bitcoin could reach between $145,000 and $200,000 by mid-2025.
Robert Kiyosaki predicts that Bitcoin could experience a significant drop to $60,000 in the near term but ultimately settle around $250,000 by 2025.
Ethereum (ETH) Is Powering dApps and the Future of Web3 – $4,000 Target Next?
In 2024, Ethereum’s price has increased by approximately 71.5% year-to-date.
A huge factor has been the approval of spot Ether exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) earlier this year.
As of December 25, 2024, Ethereum (ETH) is trading at approximately $3,491.16, reflecting a 2.6% increase over the past 24 hours.
Right now, the RSI is at around 54, which indicates a neutral stance in the market with a slight bullish tilt.
Additionally, a panel of 50 industry analysts, as reported by CoinMarketCap’s Academy, predicts an average price of $6,105 for Ethereum by 2025.
The Bottom Line
As 2024 ends, Bitcoin and Ethereum remain dominant with their milestones and increased institutional interest.
Ripple and Bonk are also trending and have a real shot at reaching new ATHs in early 2025 if the current rally continues.
PlutoChain ($PLUTO) could also gain traction with its potential to turn Bitcoin into a more flexible platform and address its limitations.
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Please remember that this article is purely informational and not financial advice. Any and all cryptocurrencies are volatile, with prices prone to rapid changes. Always do your own research and consult an expert before joining any crypto venture. We are not liable for any outcomes based on the information in this article. Statements about the future entail risks and may not reflect updates.
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