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XRP News Today: Ripple Expands Partnerships — Is a $20 Target Realistic?

XRP News Today: Ripple Expands Partnerships — Is a $20 Target Realistic?
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/PlutoChain/ – XRP continues to trend as Ripple expands its partnerships and strengthens its role in global finance.

With collaborations spanning major institutions like Santander and the launch of RLUSD, a USD-pegged stablecoin, Ripple is becoming a leader in fast, cost-effective cross-border payments.

So, how can XRP hit the $20 mark this year? We’ll check out the insights from technical charts.

Meanwhile, PlutoChain ($PLUTO) might have a powerful new solution to Bitcoin’s scalability issues with its new Layer-2 blockchain.

Here’s the latest details on both projects.

Can Ripple’s Expanding Partnerships Help XRP Reach $20?

As of January 24, 2025, XRP is priced at around $3.10, with a market cap of roughly $179.2 billion, which makes it the 4th largest cryptocurrency.

XRP News Today: Ripple Expands Partnerships — Is a $20 Target Realistic?

While it’s still about 18.9% below its all-time high of $3.84 from January 2018, it’s come a long way from its record low of $0.002802 in 2014.

With a 6.2% share of the market, it remains a major player, known for its focus on fast and affordable cross-border payments.

Key resistance levels are identified at $3.17, $3.26, and $3.33, while support levels are noted at $3.02, $2.95, and $2.86. The RSI is at 50 right now, which means XRP is in the neutral zone.

XRP News Today: Ripple Expands Partnerships — Is a $20 Target Realistic?

One of Ripple’s latest initiatives is the launch of RLUSD, a U.S. dollar-pegged stablecoin designed to compete with industry giants like Tether and USD Coin.

In Europe, Ripple has strengthened its reach through partnerships with major financial institutions.

Collaborations with Santander in the U.K. and the Canadian Imperial Bank of Commerce have enabled faster, more affordable cross-border payments.

Ripple is also investing in the future of blockchain technology through academic partnerships.

Its collaboration with Cornell University focuses on advancing research and innovation in blockchain and cryptocurrency.

CryptoBull has a very bullish outlook on XRP. He predicts it could reach $13 soon as part of a broader bull cycle that might even push it past $20.

XRP News Today: Ripple Expands Partnerships — Is a $20 Target Realistic?

On the other hand, STEPH IS CRYPTO takes a more cautious approach and suggests XRP is approaching a major breakout with possible targets ranging from $5 to $14.

XRP News Today: Ripple Expands Partnerships — Is a $20 Target Realistic?

PlutoChain ($PLUTO) Could Redefine Bitcoin with Unmatched Speed, Security, and Smart Contracts

Despite being the undisputed leader of the market, Bitcoin has its flaws.

Slow transaction speeds, high fees, and network congestion have made it difficult for Bitcoin to keep up with the demands of modern blockchain technology.

These challenges stem from its original design, which limits the network’s transaction capacity to just a few per second.

That’s where PlutoChain ($PLUTO) could take over the narrative. As a hybrid Layer-2 solution, it might solve Bitcoin’s long-standing issues.

By focusing on speed, efficiency, and cost-effectiveness, this project might offer a way to enhance Bitcoin’s functionality while staying true to its foundational principles.

Working alongside Bitcoin’s main blockchain, PlutoChain could create a scalable and accessible ecosystem for both users and developers.

XRP News Today: Ripple Expands Partnerships — Is a $20 Target Realistic?

One of Bitcoin’s biggest drawbacks is its 10-minute block time, which drastically slows down transaction processing.

PlutoChain changed the game by introducing block times of just 2 seconds, which could put it on par with fast-paced blockchains like Ethereum and Solana.

But speed isn’t the only upgrade PlutoChain brings. With smart contract capabilities, Bitcoin could evolve from a simple store of value to a robust platform supporting decentralized finance (DeFi), NFTs, and even AI-powered applications.

Thanks to its EVM compatibility, developers could easily bring Ethereum-based projects into the Bitcoin ecosystem.

XRP News Today: Ripple Expands Partnerships — Is a $20 Target Realistic?

In tests, PlutoChain processed an impressive 43,200 transactions daily without any delays, which showcases its readiness for real-world use.

Security is also a top priority for PlutoChain. It has undergone stringent audits by SolidProof, QuillAudits, and Assure DeFi and ensures compliance with global regulatory standards.

PlutoChain’s governance model is community-driven. It encourages users to propose and vote on upgrades, partnerships, and features.

The Bottom Line

XRP is pushing boundaries with expanding partnerships, new initiatives like RLUSD, and a focus on transforming cross-border payments.

There are challenges, but Ripple’s growing ecosystem and institutional support could lead to major growth.

On the other hand, PlutoChain ($PLUTO) might offer a major upgrade for Bitcoin.

With its robust speed, L2 features, and strong security focus, this project could redefine what’s possible for Bitcoin’s future.

This article is purely informational and should not be interpreted as financial advice. Readers are encouraged to carry out their own due diligence. Predictions involve risk and may not undergo updates.

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