Solana still has strong momentum after Bitcoin’s recent all-time high of over $90,000 that came because of Trump’s election victory.

The surge sparked a rally in which SOL crossed $240, and there’s talk that it could surpass its 2021 peak of $260 by the end of the year.

Meanwhile, a new presale could be interesting to watch – PlutoChain ($PLUTO). This project wants to bring smart contracts and decentralized applications to Bitcoin.

Let’s check out more below.

Can Solana Reach A New ATH This Year and Surpass the 2021 Bull Momentum? 

Some notable developments include that Visa has integrated Solana for stablecoin settlements and Coinbase recently added wrapped Bitcoin (cbBTC) to its network.

This is a big milestone seeing that it went above the $204 resistance level after breaking free from a nine-month parallel trading channel.

Binance analysts suggest SOL is ready for further bullish movements. Solana has also outperformed Binance’s earlier forecasts, reaching this level sooner than expected.

Sentiment remains positive based on user ratings, with 86% of Binance users rating Solana as “very bullish” or “bullish”. They think that further increases are coming its way.

Seeing that Bitcoin also stabilized earlier today and regained the $90,000 benchmark, it’s possible that altcoins will continue to surge in the upcoming weeks.

Historically, we’ve seen presale projects thrive in conditions like this. This trend is largely due to increased market optimism during such periods.

Right now, one presale that could be worth keeping an eye on is PlutoChain ($PLUTO) – and below, we’ll check out why this is the case.

PlutoChain ($PLUTO) Is The First Bitcoin Layer-2 Solution That Wants to Expand Its Use Cases with Smart Contracts

PlutoChain ($PLUTO) has a plan to be the first hybrid Layer-2 solution for Bitcoin. This new presale project integrates smart contracts and decentralized applications (dApps) into the network.

With this approach, it may expand Bitcoin’s utility and allow developers to create DeFi protocols, AI applications, and even Metaverse projects directly on its infrastructure.

PlutoChain aims to combine Bitcoin’s security with the flexibility of advanced blockchain technologies like DeFi. It uses scaling tools like state channels, sidechains, and blockchain rollups to speed up transactions and cut costs, which could make Bitcoin faster and more affordable for users everywhere.

Another key feature of this project is its Ethereum Virtual Machine (EVM) compatibility, which could enable Ethereum-based applications to migrate to Bitcoin without having to go through a complete rewrite.

$PLUTO is available for presale at $0.103. With low transaction fees, quick processing, and strong scalability, PlutoChain could be interesting to watch for developers and users who want a practical and cost-effective Layer-2 solution.

PlutoChain ($PLUTO) Prioritizes Security and Demonstrates it with a SolidProof Audit

PlutoChain places a high priority on security, which further shows that it’s a reliable platform for developers and investors.

Its recent SolidProof audit demonstrates this commitment by thoroughly reviewing the project’s system for vulnerabilities and ensuring a secure foundation for transactions.

The audit involved a detailed process – including specification reviews, manual code examinations, and alignment checks to confirm that PlutoChain’s code meets its intended functionalities.

With this approach, they make sure that potential issues are spotted promptly and addressed before they can pose a risk.

Conclusion

Solana has seen a 47% surge in the last two weeks, which came as a “domino effect” triggered by the BTC surge.

However, while its future is promising, it might be far-fetched to expect any major returns.

At the same time, there are some new presale projects like PlutoChain that could get a lot of traction once they launch.

With its Layer-2 approach, there’s a chance for it to draw a lot of attention as the presale moves forward.

Right now, investors can secure their first batch at a low entry price before the price increases in the next stage.

Visit the links below to learn more about PlutoChain and its unique features:

Official Website: https://plutochain.io X/Twitter Page: https://x.com/plutochain/ Telegram Channel: https://t.me/PlutoChainAnnouncements/

This article is not financial advice. Cryptocurrencies are highly volatile and risky. Readers should do their own research before engaging in any cryptocurrency activity.

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article