With XRP’s price recently hovering around $2.29, the question is whether it can keep pushing and possibly even achieve the $15 target by 2025.
Today, we’ll take a closer look at XRP’s technical analysis, key developments and price movements to see how realistic this target is.
We’ll also talk about PlutoChain ($PLUTO), a new Layer-2 solution that could bring smart contracts and dApps to Bitcoin’s network and potentially transform its role in DeFi. PlutoChain is drawing attention with its presale, exceeding 2 million tokens in sales.
Here’s a breakdown of what’s happening.
Can XRP Reach $15 by 2025 Using the Hype From the RLUSD Stablecoin Launch?
XRP is trading at approximately $2.15, a slight decrease over the past 24 hours.
Key support levels are positioned at $2.00, with resistance levels at $2.20, $2.50, and $2.85.
The RSI hovers around 39, which means that XRP is in the lower range of momentum and getting closer to oversold territory.
Forming a bullish parallel channel on monthly timeframes points to potential upward movement, with critical resistance at $2.85.
One development that has influenced XRP’s market dynamics is the launch of Ripple’s stablecoin, RLUSD.
Ripple has also focused on integrating smart contract functionality into the XRP Ledger (XRPL). This enables dApps to operate on the XRPL and broadens its use cases beyond cross-border payments.
Then there’s the key partnerships aspect. Ripple signed agreements with the central banks of Brazil and India to pilot XRP as a bridge currency for Central Bank Digital Currency (CBDC) interoperability.
It has also extended its collaboration with Archax, a UK-based digital asset exchange, to bring hundreds of millions of dollars worth of tokenized real-world assets (RWAs) onto the XRPL.
Crypto analyst Armando Pantoja predicts a range of $8-$20 for this cycle and cites XRP’s transformative potential.
Ali Martinez, known for his insights on X, suggests that Ripple could potentially reach an optimistic high of $48.12 with a more cautious bearish target at $8.40.
PlutoChain Could Transform Bitcoin with Advanced Layer-2 Technology and Smart Contracts
PlutoChain ($PLUTO) is a new Layer-2 solution that could bring smart contracts and decentralized applications (dApps) to Bitcoin’s ecosystem. This project could unlock Bitcoin’s potential by addressing the network’s current limitations, including its 10-minute block time.
This delay has historically made it difficult for Bitcoin to support more advanced applications. Faster blockchains like Ethereum, Solana, and Cardano have jumped in to take the lead.
PlutoChain’s Layer-2 architecture could reduce block times to just 2 seconds on its chain while preserving Bitcoin’s security.
Its testnet has already processed up to 43,200 transactions daily, which shows the platform is ready to handle real-world demands.
This breakthrough could allow Bitcoin to support efficient smart contract functionality without compromising its core reliability.
The platform also encourages community participation through a governance model that lets early adopters shape its development.
Users can vote on proposals, partnerships, and upgrades and then submit those votes via the official Discord channel.
To make sure the platform is reliable and secure for its users and developers, PlutoChain has already undergone three thorough audits by SolidProof, QuillAudits, and Assure DeFi.
Another standout feature is PlutoChain’s compatibility with the Ethereum Virtual Machine (EVM).
This bridge could make it possible to move Ethereum-based applications to Bitcoin.
This way, PlutoChain could create a more diverse ecosystem for Bitcoin and potentially enable it to compete with modern blockchains.
Final Thoughts
XRP has a lot going for it, but considering how much it struggles to break past $2.50, reaching $15 doesn’t seem like it’s going to happen anytime soon.
Its future will depend on regulatory developments, adoption trends, and Ripple’s continued innovation.
PlutoChain ($PLUTO) however, might turn into a top contender due to its potential to change Bitcoin’s role in DeFi.
It could bring smart contracts and dApps to Bitcoin’s network and create more possibilities for the giant, in a way that hasn’t been done before.
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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.
