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Ripple Price Prediction: Will the Next SEC Chair Withdraw Enforcement Case and Can This Push XRP to $10?

Last Updated: February 4, 2025By

Ripple’s ongoing legal battle with the SEC could take a dramatic turn if a new chair decides to drop the case, which could lead to a new XRP rally. 

Meanwhile, PlutoChain ($PLUTO), a next-gen Layer-2 solution, could solve BTC’s challenges by making it potentially faster, cheaper, and fully interoperable with Ethereum-based applications. 

Let’s break down the details. 

Will a New SEC Chair Drop the Case Against Ripple and Trigger a $10 XRP Breakout?

XRP is trading at approximately $2.38, which is a 17.7% decline over the past 24 hours. The RSI sits at 26, which means that the project is in oversold territory.

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Ripple’s Chief Legal Officer, Stuart Alderoty, is hopeful that the SEC, under Paul Atkins, might drop its enforcement actions against crypto firms — including Ripple. 

Speaking at XRP Community Day 2025, Alderoty criticized the SEC’s approach of regulating through lawsuits, saying it’s not the right way to move forward. He believes there’s a real chance the SEC could walk away from its case against Ripple in 2025.

Alderoty also pointed to a shifting political climate, noting that the Trump administration has been more crypto-friendly, with initiatives like a digital asset working group and an SEC crypto task force. 

If Congress and the White House remain pro-crypto, he thinks new legislation could provide clearer rules by the end of 2025. However, Atkins’ confirmation as SEC chair is still up in the air.

PlutoChain ($PLUTO) Is a Layer-2 Upgrade That Could Make Bitcoin Faster, Cheaper, and More Versatile

Bitcoin is the most well-known cryptocurrency, but it still struggles with slow transactions, high fees, and network congestion. While blockchains like Ethereum and Solana have improved scalability, Bitcoin remains mostly the same. 

PlutoChain ($PLUTO), a next-generation Layer-2 solution, might be able to change that by making Bitcoin faster, more affordable, and easier to use.

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Instead of Bitcoin’s standard 10-minute block times, PlutoChain offers block times of just two seconds by leveraging Layer-2 technology. 

This could make Bitcoin practical for everyday payments and international transfers— use cases where its slow speed has been a big drawback.

Lower fees may be another benefit. By reducing transaction costs, PlutoChain could make Bitcoin more appealing to businesses and individuals and encourage real-world adoption rather than just long-term holding.

PlutoChain could also enhance Bitcoin’s capabilities by enabling cross-chain compatibility. As an Ethereum Virtual Machine (EVM)-compatible network, it could allow Ethereum-based apps, such as DeFi platforms, NFT marketplaces, and AI projects, to interact directly with Bitcoin. 

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Scalability is another strong point. During testing, PlutoChain handled 43,200 transactions in a single day without any issues, which proves its ability to support high transaction volumes. 

Security is also a priority. The network has been audited by SolidProof, QuillAudits, and Assure DeFi, and organizes continuous code reviews and stress testing.

Unlike Bitcoin’s current system, where miners and developers control decision-making, PlutoChain introduces decentralized governance. Users can propose and vote on changes, giving the community more influence over its future.

With near-instant transactions, lower fees, Ethereum compatibility, and a user-driven model, PlutoChain could unlock Bitcoin’s full potential. 

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Final Words

For Ripple, the potential appointment of a new SEC chair could be a game-changer that pushes XRP to $10.

At the same time, PlutoChain ($PLUTO) might tackle Bitcoin’s scalability issues by offering faster transactions, lower fees, and seamless cross-chain compatibility. 

These developments could be worth watching in the months to come, with PlutoChain’s mainnet nearing. 

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The information in this article does not represent financial or investment advice. Always research carefully before participating in the crypto market. Risks are inherent in forward-looking statements, which may not be revised.

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