Sponsored
  • PR Manager
    author-profile

    PR Manager right arrow

    Author

    Press release about recent ICOs, announcement from startups, new cryptocurrency launch by firms and unlike.

    • author facebook
    • author twitter
    • linkedin

  • 3 minutes read

XRP News Today: Ripple’s ODL Expansion Could Propel XRP to $15

Rippleโ€™s On-Demand Liquidity (ODL) expansion is sparking predictions that XRP could surge to $15, igniting excitement across the crypto community.

Many believe such a leap could catapult Rippleโ€™s holdings beyond $500 billion, bolstering its market influence and redefining cross-border payments. This momentum aligns with Rippleโ€™s broader mission to streamline global finance through blockchain innovation.

While Ripple enabled exciting financial innovations like cross-border payments, its own stablecoin, and institutionalized finance on the blockchain, Bitcoin has largely struggled to innovate beyond being a store of value. It has never achieved the scalability needed to support applications or smart contractsโ€”areas where Ripple excels. 

PlutoChain ($PLUTO) is redefining whatโ€™s possible for Bitcoin. Imagine a world where Bitcoin powers DeFi, NFTs, and even AI-driven applicationsโ€”this is the future PlutoChain envisions.

By possibly unlocking Bitcoinโ€™s untapped potential, PlutoChain may set the stage for a new era of decentralized innovation.

Letโ€™s look into the projects in detail:

Is Rippleโ€™s ODL the Key to Propelling XRP Beyond $15 in 2025?

Ripple’s On-Demand Liquidity (ODL) service has significantly enhanced XRP’s utility in cross-border payments. For XRP to reach its goal of $13 it would need to 4x its value and analysts have varying predictions for XRP’s future.

CryptoBull forecasts XRP could reach $13 in the near term, potentially exceeding $20 during a larger bull cycle.

In the long term, projections from 99Bitcoins range from $12.49 to $96.32 by 2030, while the short-range projections see XRP getting to $6 driven by the widespread adoption of blockchain payments.

These optimistic forecasts are based on Ripple’s strategic developments, including the approval of its stablecoin, RLUSD, by the New York Department of Financial Services, which is expected to enhance Rippleโ€™s digital payment platform and increase XRPโ€™s utility.

More conservative forecasts, like Bitrue, anticipate XRP reaching between $2.90 and $4.10, driven by ODL adoption.

However, achieving a price point beyond $15 by 2025 would require sustained institutional interest, continuous technological advancements, and favorable regulatory conditions.

While ambitious, such a surge is within the realm of possibility, given the current trajectory and market dynamics.

PlutoChain Gains Whale Attention with Unparalleled Layer-2 Technology

Bitcoin is evolving beyond a store of value, and PlutoChain ($PLUTO) could sit at the forefront of this transformation.

By introducing the first hybrid Layer-2 solution, PlutoChain could bring the world of decentralized applications (dApps), DeFi, NFTs, and even AI to Bitcoinโ€™s secure infrastructure.

Its breakthrough could lie in its offer of a 2-second block time compared to Bitcoinโ€™s 10-minute one. All thanks to its innovative Layer-2 technology.

PlutoChainโ€™s Ethereum Virtual Machine (EVM) compatibility could allow Ethereum-based developers to seamlessly migrate their projects to Bitcoin.

This bridge between two leading blockchain ecosystems could unlock untapped potential, potentially carving a unique space for Bitcoin DeFi.

Beyond speed and interoperability, PlutoChain emphasizes trust. Independent audits from SolidProof, QuillAudits, and Assure DeFi ensure reliability. 

Whales could be attracted by PlutoChainโ€™s community governance, activated from day one, giving users real influence over the network’s future through its unique voting system.

Its testnet also validates its potential, processing an impressive 43,200 daily transactions and showcasing readiness for widespread adoption.

Currently, Bitcoin DeFi accounts for just 0.13% of Bitcoin’s market cap – a fraction compared to Ethereum’s 10%. By leveraging Bitcoin’s unmatched security, PlutoChain could tap into this underdeveloped market and redefine Bitcoinโ€™s role in the blockchain landscape.

plutochain

Final Words

Rippleโ€™s ODL expansion brings optimism for XRP, with some projections placing it at $15 or beyond.ย 

Analysts highlight Rippleโ€™s enhanced utility in cross-border payments as a critical factor, while institutional interest and regulatory approval bolster its long-term prospects.

PlutoChain, however, could take Bitcoinโ€™s potential further, introducing Ethereum-like smart contracts and dApps via its groundbreaking Layer-2 technology.

By offering 2-second block time and EVM compatibility, PlutoChain could be a bridge between Bitcoin and Ethereumโ€™s capabilities.

โ€”—————-

The information in this article does not represent financial or investment advice. Always research carefully before participating in the crypto market. Risks are inherent in forward-looking statements, which may not be revised.

Disclaimer and Risk Warning

The content on Coinpedia's sponsored page is provided by third parties and is intended for promotional purposes. Coinpedia does not endorse, guarantee, or take responsibility for the accuracy, quality, or effectiveness of any services, products, or information presented in these sponsored materials. The inclusion of sponsored content does not imply Coinpediaโ€™s approval or support. Readers are advised to exercise due diligence and conduct their research before making decisions or taking action based on the information presented in sponsored content.

Show More

Related Articles

Back to top button