The post Whales Eye XRP, Solana, Ethereum, and PlutoChain After Trump Takes Over the Office appeared on BitcoinEthereumNews.com.

As President-elect Donald Trump takes the office, his recent ventures into the crypto field have gained significant interest among investors. The launch of his own assets, $TRUMP and $MELANIA, has not only captured public attention but also coincided with a surge in the digital asset market. In this dynamic environment, whales are closely monitoring the performance of major cryptos such as XRP, Solana, and Ethereum. Similarly, PlutoChain ($PLUTO) could be gaining attention for its innovative approach to potentially improving Bitcoin’s functionality. Let’s see the details! PlutoChain ($PLUTO) Could Introduce Smart Contracts to Bitcoin’s Network PlutoChain ($PLUTO) may change the game for Bitcoin by making the network faster and more versatile while keeping the legendary security that Bitcoin is known for. By introducing smart contracts and decentralized apps (dApps) to Bitcoin, PlutoChain might overcome some of the key limitations that have held back Bitcoin’s full potential, particularly when it comes to transaction speed. Unlike Bitcoin’s standard 10-minute block time, it offers block time of just 2 seconds. This faster processing may open up exciting possibilities, from microtransactions to advanced decentralized finance (DeFi) applications. But PlutoChain isn’t just a concept – it’s already live and proving its capabilities. Its testnet processes over 43,200 transactions a day which shows that it’s built to handle the demands of real-world use. Its unique aspect is its community governance, an approach where developers and users play an active role in shaping the project’s future. This strong focus on transparency and inclusivity could set it apart from other blockchain projects. What’s even more exciting is its compatibility with the Ethereum Virtual Machine (EVM). This could make it easy for Ethereum-based projects to integrate with PlutoChain which allows DeFi, NFTs, and other blockchain innovations to leverage Bitcoin’s security while tapping into new opportunities. Security is a top priority,…

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Filed under: News - @ January 25, 2025 2:21 am