XRP Surges Amid Ripple's US Expansion; PlutoChain Boosts Bitcoin's Potential

Generated by AI AgentCoin World
Saturday, Feb 1, 2025 1:46 pm ET1min read
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XRP Price Prediction: Here’s Why XRP Price is Outperforming the Broader Market While PlutoChain Could Get More Attention as Well

XRP is back in the game after the DeepSeek sell-off earlier this week. While most cryptos have only recovered slightly, XRP is coming back with solid gains, outperforming the rest of the market.

That kind of comeback makes you wonder – what’s behind the sudden surge?

At the same time, the Pluto Chain ($PLUTO) project could draw attention for its potential to improve Bitcoin’s capabilities. It’s introducing a hybrid Layer-2 blockchain designed to make Bitcoin transactions faster, cheaper, and boost its scalability.

Let’s check out the details.

Can We See XRP Price Hit the $8 Mark?

XRP’s recent surge seems tied to Ripple’s latest moves. On Monday, the company announced it had secured Money Transmitter Licenses in New York and Texas—two states with some of the toughest regulations in the country.

Ripple is pushing to expand in the U.S., taking advantage of a more favorable regulatory climate under the Trump administration.

With these licenses, the company can now offer banks in the region real-time global payment services, using XRP Ledger technology and XRP for liquidity.


In an X post, Mikybull Crypto predicted that the XRP price could rip through $8 before a cycle top because of the current bullish basics. Although the analyst didn’t elaborate on these basics, they likely revolve around Donald Trump’s pro-crypto administration.

PlutoChain ($PLUTO) Is a Layer-2 Solution That Could Upgrade Bitcoin Into a Fast and Scalable Powerhouse

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