Ever since its release, Ripple (XRP) has been drawing interest for its potential as a fast, low-cost payment solution.

But for years, investors and crypto enthusiasts have been waiting for one big milestone – can XRP finally break past the $5 mark?

Following Trump’s presidential election victory, BTC has seen a surge in price and is comfortably sitting at $91,643.57(per CoinGecko) which caused the rest of the market to follow the bullish trend, with Forbes predicting Ripple to surge soon.

For those looking to get in now, there is also a Bitcion Layer Solution presale going on called PlutoChain ($PLUTO) and it might be a good idea to check it out in this bull rally.

Analysts Weigh In – Will Ripple Finally Pass the $5 Mark?

One of XRP’s most notable highs came back in January 2018, when it hit around $3.84.

Now, while some media outlets are optimistic about the $5 mark following the election, it is anything but certain.

As the excitement settled and a long bear market followed, XRP’s price plummeted. In recent times, XRP has been hovering much lower, around $0.50 to $0.70 (per CoinGecko), a shadow of its former high.

When Bitcoin rises, it generally creates positive momentum across the market – and this could mean positive news for XRP.

One of the biggest barriers holding XRP back from hitting $5 is its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC).

As per Binance analysts, to even get close to $5, XRP needs to clear a critical resistance level at $0.9302.

This resistance is tied to a support trendline that’s been in place since mid-2022. Breaking this level could lead to a more substantial rally, but there’s no guarantee.

XRP is still a viable option for the long term, but the $5 mark seems more likely in 2030 than 2025.

Additionally, the market is now filled with potentially more promising investment opportunities that might appeal to both new and seasoned investors.

For instance, certain presale projects, like PlutoChain ($PLUTO), are gaining attention.

PlutoChain ($PLUTO) Is a Hybrid Bitcoin Layer-2 Blockchain – Here Is What You Need to Know

PlutoChain ($PLUTO) is a new presale project that wants to bridge Bitcoin with the DeFi space.

For years, Bitcoin has been a dominant force in cryptocurrency, but it hasn’t had much involvement in the DeFi movement.

PlutoChain’s concept is to change that by building a hybrid Layer-2 blockchain solution, specifically designed to bring DeFi applications and smart contracts directly onto Bitcoin’s network.

This could connect Bitcoin’s security with DeFi’s flexibility, opening up new possibilities for Bitcoin’s role in the ecosystem.

At the center of this project is $PLUTO, PlutoChain’s native token. It’s currently priced at $0.102 during the presale phase, so early investors have a more affordable entry point.

However, the price is set to rise as each presale stage concludes, so there’s a sense of urgency for those looking to invest early.

Additionally, PlutoChain’s compatibility with EVM means developers can potentially migrate their Ethereum-based DeFi applications to Bitcoin’s network via PlutoChain.

One more thing important for investors is that the next phase is set to begin in two days which will raise the price.

PlutoChain Focuses On Security – Audited by SolidProof, Your Assets Will be Safe

PlutoChain ($PLUTO) takes security seriously, a priority that’s clear from their decision to work with SolidProof, one of the industry’s well-known audit firms.

SolidProof has audited PlutoChain’s systems, focusing on uncovering any vulnerabilities and strengthening the project’s defenses against potential threats.

For investors, this means that PlutoChain aims to keep your assets safe right in your wallet, just as they should be.

If you want to be up to date on the $PLUTO social hype, check out their Twitter,Discord, and Telegram.

Conclusion

Ripple has been showing some positive movement lately, gaining around 16% over the past week, largely riding on the momentum from Bitcoin’s latest all-time high.

But when it comes to long-term growth and a $5 valuation, it’s highly unlikely this could happen anytime soon.

Given this uncertainty, it might be a better idea to shift focus to altcoin coin presales, particularly projects like PlutoChain ($PLUTO), which could see substantial buzz.

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