XRP and Ethereum are continuing their December rally and showing the rest of the market why they are considered the top altcoins.
XRP continues to make significant strides in global payments, while Ethereum remains the backbone for dApps and smart contracts.
Below we take a look at their technical charts and data to see what is possible for them through 2025.
We’ll also cover PlutoChain ($PLUTO), a new project potentially coming into the spotlight with its hybrid Layer 2 innovation that could significantly improve Bitcoin’s functionality.
Let’s break down what’s happening.
PlutoChain ($PLUTO) could introduce smart contracts for Bitcoin via a hybrid Layer 2 network
PlutoChain ($PLUTO) introduces a robust Layer 2 solution that could integrate smart contracts and decentralized apps into the Bitcoin blockchain and improve its functionality.
Its testnet, which already processes over 43,000 daily transactions, shows impressive scalability and potential for widespread use.
An important aspect of PlutoChain is its focus on community governance, giving participants a voice in protocol updates and the growth of the network.
The project also prioritizes trust and has passed three independent audits from SolidProof, QuillAudits and Assure DeFi to prove its reliability.
Another big advantage is Ethereum Virtual Machine (EVM) compatibility, which could combine the flexibility of Ethereum with the security of Bitcoin.
This could enable smoother integration of Ethereum-based applications into the Bitcoin network, potentially creating opportunities for DeFi, NFTs and AI-driven solutions. It could also help position Bitcoin for a more prominent role in…