Ripple Price Prediction: Could XRP Surpass $25 in the Next Altseason?

Ripple’s XRP has seen some major movements in 2024, spurred by a series of wins in its battle with the SEC and the growing adoption of cross-border payments.

With its price recently surging past $2.46, the question on everyone’s mind is whether XRP can sustain this momentum and break the $25 barrier in the next alt season.

We’ll check out the technical analysis, charts, and price movements to see whether this milestone is achievable.

There’s also a new project that we’ll analyze – PlutoChain ($PLUTO).

PlutoChain could gain major traction in the next few weeks due to its Layer-2 technology and real potential to finally upgrade the use cases of Bitcoin’s secure network by adding smart contracts to it.

Let’s break it down below.

Granular Analysis of XRP’s Technical Charts and Data – Is $25 Possible in the Next Altseason?

Recent XRP price action shows an impressive rise of more than 15% in the past 7 days.

As of January 3rd 2025, XRP is trading around $2.46 and the token is now challenging short-term resistance at $2.50, with higher targets around $2.75 and $3.

From a technical standpoint, the 50-day Simple Moving Average (SMA) is trending upward, which could mean there’s short-term bullish sentiment.

The Relative Strength Index (RSI) on the daily chart hovers around 65, signaling bullish momentum without being overbought. If RSI pushes past 65, it could lead to a stronger rally toward the $3

Ripple has introduced RLUSD recently, a U.S. dollar-pegged stablecoin, approved by the New York Department of Financial Services.

This stablecoin is set to operate on both the XRP Ledger and Ethereum blockchain, requiring XRP for transaction fees, which are burned during transfers, potentially increasing XRP demand.

At the same time, WisdomTree (US-based asset manager) has launched a physical XRP Exchange-Traded Product (ETP) in Europe, listed on exchanges such as Deutsche Börse Xetra and Euronext.

JackTheRippler, a popular crypto analyst on Twitter, says he’s bullish on XRP and thinks the price could surge to $10 in the upcoming months.

PlutoChain ($PLUTO) Could Build an Advanced Layer-2 Foundation to Help Bitcoin Activate Its Full Capabilities and Upgrade Its Network

PlutoChain ($PLUTO) is a Layer-2 solution that could finally tap into Bitcoin’s huge (but underused) potential, possibly allowing smart contracts and decentralized applications (dApps) to run on top of the Bitcoin network.

One of the main reasons Bitcoin never really ventured into complex apps is its 10-minute block time, which slows things down a lot. That’s why networks like Ethereum, Solana, and Cardano stepped up with faster transactions and more developer-friendly environments.

But PlutoChain might change all that with its own Layer-2 approach, with block times of about 2 seconds. The idea is to let smart contracts leverage Bitcoin’s secure foundation—potentially paving the way for a new wave of Bitcoin-based applications.

The project might also enhance Bitcoin’s scalability, security, and developer flexibility. Its testnet has handled up to 43,200 daily transactions, suggesting it might be able to handle real-world usage.

There’s also an active community governance model that lets early adopters vote on protocol changes and steer the project’s direction.

Security is obviously a top priority, and PlutoChain has been audited by SolidProof, QuillAudits, and Assure DeFi—a big plus for anyone who wants to build on the platform.

Another interesting feature is Ethereum Virtual Machine (EVM) compatibility. This could allow Ethereum-based dApps to migrate over to Bitcoin, marrying Ethereum’s flexibility with Bitcoin’s security.

The Bottom Line

XRP is currently trying to break the $3 resistance, so it might be a bit of a stretch to expect a $25 milestone soon.

At the same time, projects like PlutoChain could get major traction in the next few weeks due to major technological advancements and the potential to upgrade BTC’s network.

Traditionally, people have seen Bitcoin as a digital store of value, without the capabilities needed for dApps, DeFi, or NFTs. But PlutoChain’s strategy might change that perception.

By introducing smart contracts on Bitcoin’s network, this project could open the door to entirely new use cases. It seems there’s a lot of untapped potential for Bitcoin—and with PlutoChain, we might finally see it put to work in ways that go far beyond simple transactions.

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This article is not financial advice. Cryptocurrencies and meme coins are volatile and risky. Do your own research before buying any cryptocurrencies and meme coins. All forward-looking statements include uncertainties and may not be revisited.