XRP News Today: Top Crypto Exchange Sees Massive RLUSD Volume Jump – Could This Spark a Rally to $10?

On the other hand, Bitcoin is still dealing with slow transactions and high fees, which makes everyday use a challenge.

PlutoChain ($PLUTO) is a powerful hybrid L2 project that could change that. Built as a Layer-2 solution, it could speed up Bitcoin, lower costs, and connect it to DeFi.

Here’s what’s happening with both projects.

XRP is currently trading at approximately $2.35, with a 4.2% increase over the past 24 hours. The RSI is currently 37, which means XRP is in the neutral zone.

Ripple’s USD-pegged stablecoin, RLUSD, has seen a sharp increase in trading activity, which caught the attention of investors. The RLUSD/USDC pair surged 49% to $78.77 million, while the RLUSD/XRP pair jumped 35.88% to $57.44 million.

This surge pushed total RLUSD trading volume to nearly $160 million, following the recent minting of 1 million RLUSD tokens on the XRP Ledger. However, on-chain data later showed a 20.57% dip, which brought the volume down to $158.86 million.

Despite this slight pullback, RLUSD has maintained strong activity on Bullish Exchange, a Gibraltar-based crypto trading platform, where volume remains steady. Tobi Akinbo J. speculates that XRP could reach $10 by Q2 2025.

Bitcoin may be the most well-known cryptocurrency, but it still struggles with issues that limit its everyday use. Transactions can take 10 minutes or longer to confirm, which makes it far slower than many modern blockchains.

High fees have also made Bitcoin impractical for small payments, and as network activity increases, congestion only gets worse.

These limitations aren’t new, but they remain a major hurdle to Bitcoin’s mainstream adoption. PlutoChain ($PLUTO) might be able to change that. As a Layer-2 solution built on top of Bitcoin, it could improve transaction speeds, reduce costs, and expand what BTC can do.

PlutoChain offers a 2-second block time on its own L2 chain compared to Bitcoin’s standard 10-minute block time.

This upgrade could make Bitcoin viable for everyday spending, international transfers, and even micropayments — things that have been difficult due to slow speeds and high costs.

Beyond improving transaction efficiency, PlutoChain could significantly lower fees, which could make Bitcoin a more practical payment method.

Lower costs could encourage more businesses and individuals to use BTC for real-world transactions instead of just holding it as a store of value.

But speed and affordability are only part of the equation — PlutoChain could also bring new utility to Bitcoin. By supporting Ethereum’s Virtual Machine (EVM), PlutoChain could allow BTC to integrate with DeFi platforms, NFT marketplaces, and AI-powered applications.

Instead of being limited to storage and payments, Bitcoin could actively participate in the broader blockchain ecosystem, which could lead to new possibilities for developers and users.

Security is another key focus. PlutoChain has undergone rigorous audits from firms like SolidProof, QuillAudits, and Assure DeFi, along with continuous stress testing to ensure network stability.

During testing, it processed over 43,200 transactions in a single day, which proves its ability to scale. Unlike Bitcoin’s traditional miner-controlled governance, PlutoChain gives users a voice. The community can propose and vote on upgrades in Discord.

With its focus on speed, affordability, and interoperability, PlutoChain could be the key to pushing Bitcoin beyond its current limitations and into a more versatile future.

XRP could finally see some green price surges after days of red momentum, following Trump’s tariffs market crash.

While XRP traders watch for a potential breakout to $10, PlutoChain might tackle Bitcoin’s biggest weaknesses—slow speeds, high fees, and limited functionality.

Remember, this article is not financial or trading advice. All cryptocurrencies are volatile, and past performance is not a guarantee of future results. Always conduct your own research and/or consult with experts before making any crypto-related decisions. Trade responsibly. Forward-looking statements are uncertain and might not be updated.

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