The post XRP News Today: Analysts Say XRP Could Surpass $8 With DeFi Growth in 2025 appeared on BitcoinEthereumNews.com.

Recent shifts in U.S. cryptocurrency policy have significantly impacted Ripple’s XRP, a key player in the crypto market despite incurring over $100 million in legal costs from its SEC battle. At the same time, PlutoChain, an emerging blockchain platform integrating AI and smart contracts with Bitcoin, is capturing whale attention with its innovative approach. Here’s a closer look at what’s driving these two projects forward. Can XRP Reach $8 by 2025 as DeFi Expands Its Horizon? XRP is trading at $2.78, down 10.5% in 24 hours, 15.9% over the past week, and 28.6% from last month. Key support levels are $2.52 and $2.32, while breaking $3.15 and $3.21 could signal recovery. With an RSI of 24.45, XRP is in oversold territory. The New York Department of Financial Services (NYDFS) approved Ripple’s stablecoin, RLUSD, boosting its digital payment platform. In Europe, WisdomTree launched the WisdomTree Physical XRP ETP on major exchanges, offering investors affordable XRP access with a 0.50% management fee and secure dual custody. On the legal front, optimism is growing as President-elect Donald Trump considers crypto-friendly Paul Atkins for SEC leadership, potentially easing Ripple’s legal challenges stemming from the SEC’s 2020 lawsuit. Armando Pantoja, a prominent crypto analyst on X, predicts that XRP could reach a price range of $8 to $12. Another analyst, DC, predicts that XRP will surge to $10 and potentially climb even higher, ending the current bull run in the $15-$20 range. PlutoChain ($PLUTO) Could Redefine Bitcoin with Lightning-Fast Transactions and a Developer-Friendly Ecosystem PlutoChain ($PLUTO) has the potential to address Bitcoin’s biggest limitations — slow transaction speeds, high fees, and congestion. By introducing a hybrid Layer-2 solution, PlutoChain provides a parallel network that could work seamlessly with Bitcoin’s blockchain, ease traffic, and cut costs while dramatically boosting scalability. Bitcoin’s 10-minute block time has always…

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Filed under: News - @ January 29, 2025 12:29 pm