Charles Hoskinson, Cardano’s founder, has been actively involved in US crypto policy discussions because of his potential new role as an advisor.
This renewed focus has helped push ADA’s price up by 35%, which comes at just the right time for the altcoin.
At the same time, other blockchain projects like PlutoChain ($PLUTO) are also looking to make an impact in the crypto space and it’s now in its early stages.
While Cardano focuses on interoperability and partnerships, PlutoChain wants to redefine Bitcoin's capabilities with its hybrid Layer-2 approach.
Let’s check out the deets.
Can Cardano’s Momentum Drive ADA to $1.50 by 2025?
One of Cardano’s biggest moves recently is its integration of Bitcoin into its Layer-1 blockchain. This development enables intermediary-free transactions, which helped Cardano get attention in the DeFi space.
It’s a clear sign of Cardano’s commitment to interoperability, which strengthens its position as a major player among the top ten list.
According to CoinGecko, Cardano (ADA) is currently priced at $0.6649, reflecting a 19.2% increase over the past 24 hours.
The project is also building key partnerships to expand its ecosystem. Collaborations with entities like the Dubai government, NASA, and South American academic institutions show Cardano’s ambition to make a global impact.
These partnerships aren’t just for show – they focus on real-world applications of Cardano’s tech, which makes the network more attractive to developers and investors alike.
At the same time, partnerships with Ripple and the Argentine government highlight Cardano’s efforts to reach new markets and expand its influence.
If the DeFi sector keeps growing and Cardano continues on this path, ADA could see significant price growth by 2025.
But there’s another new mainnet launch in the DeFi sector - PlutoChain ($PLUTO).
Below, we’ll take a look at why PlutoChain is a project investors are considering right now.
Plutochain ($PLUTO) - Game-Changing Project Bringing Real Utility to Bitcoin by Enabling EVM Compatibility DeFi Technology on the Chain
Bitcoin is the biggest name in crypto, but let’s face it – it hasn’t kept up with the DeFi boom.
That’s where PlutoChain comes in. It’s the first hybrid Layer-2 solution built to bring smart contracts and decentralized applications (dApps) directly to Bitcoin.
This means combining Bitcoin’s unmatched security with the flexibility needed to support DeFi, NFTs, AI, and even Metaverse applications. With PlutoChain, Bitcoin finally has the tools to compete in today’s DeFi space.
Right now, PlutoChain’s native token, $PLUTO, is in presale at $0.102. Early adopters have a chance to buy in before the price increases in the next round.
PlutoChain focuses on keeping transaction fees low and processing times fast, making Bitcoin’s network more scalable and practical for developers and users.
As people look for ways to expand Bitcoin’s use beyond simple transactions, PlutoChain’s timing couldn’t be better.
A key feature of PlutoChain is its compatibility with the Ethereum Virtual Machine (EVM). This allows developers to migrate Ethereum-based DeFi apps to Bitcoin without needing to rewrite their code.
Essentially, it builds a bridge between Ethereum and Bitcoin, bringing Ethereum-level functionality to Bitcoin’s network. Considering Bitcoin’s DeFi market is still underdeveloped—just 0.13% of its $1.5 trillion market cap compared to Ethereum’s 10%—PlutoChain has the potential to open up a huge new market for Bitcoin.
PlutoChain Puts Security First with a SolidProof Audit to Ensure Assets Are Safe
Security is a top priority for PlutoChain. The project has already passed a thorough audit by SolidProof, a trusted blockchain security firm, to ensure assets are safe and issues are caught early.
PlutoChain also conducts regular audits and closely monitors its smart contracts to stay ahead of potential vulnerabilities.
Plus, with strong encryption features, PlutoChain will make sure that all transactions are secure and tamper proof – a must nowadays when we see so many breaches and scams in this space.
With robust Layer-2 technology, minimal transaction fees, and a strong emphasis on security, PlutoChain ($PLUTO) could be interesting to watch in current market conditions.
As DeFi on Bitcoin gains momentum, PlutoChain's hybrid model could stand out as a scalable and future-proof solution.
The project's vision includes phases such as private and public testnets, bridge launches, and a mainnet launch, which also shows a structured approach to development.
For those interested in learning more, PlutoChain's whitepaper provides detailed insights, and the $PLUTO community is active on platforms like Twitter, Telegram, and Discord.
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 does not offer financial advice. Cryptocurrencies can be unpredictable and carry risks. It is important to conduct thorough research before acquiring any crypto asset.
