Analysts Claim That Ethereum (ETH), Ripple (XRP), Cardano (ADA) could soon reach ATH while PlutoChain Surges

The crypto market is going through turbulence as political dynamics shift, with the return of Donald Trump to office sparking interest among analysts – with some even predicting they could reach new ATHs.

Ethereum (ETH), Ripple (XRP), and Cardano (ADA) are still showing some promising signs, with many rushing to secure these altcoins ahead of expected changes.

At the same time, PlutoChain ($PLUTO) could be on its way to becoming another important contender, as it could upgrade Bitcoin with some innovative features.

Let’s break down what makes these projects worth a closer look.

PlutoChain ($PLUTO) — Looking to Bringing Smart Contracts to Bitcoin via Hybrid Layer-2 Technology

PlutoChain ($PLUTO) introduces a powerful Layer-2 solution designed to enable smart contracts and decentralized apps (dApps) on Bitcoin’s blockchain, potentially expanding its capabilities a lot.

Its testnet already handles over 43,000 daily transactions, proving its strong scalability and real-world potential.

Community governance is the central point, allowing all developers to influence protocol updates and the network’s growth. To keep trust and security on a certain level, the project has passed audits from Assure DeFi,  SolidProof, and QuillAudits.

Another useful feature is Ethereum Virtual Machine (EVM) compatibility, which could bridge Ethereum’s flexibility with Bitcoin’s robust security.

This innovation might clear the way for Ethereum-based applications to integrate with Bitcoin’s network, opening doors for DeFi, NFTs, and AI-powered projects.

Ethereum (ETH) — Can It Break Its All-Time High?

Ethereum (ETH) remains a main part of the crypto market, and the big question heading into 2025 is whether it can surpass its previous all-time high (ATH) of $4,868, set in the last bull run.

It saw a strong rally in Q4 2024, gaining over 50% between November 5 and December 19, powered by bullish sentiment following Donald Trump’s election win.

Despite this momentum, ETH faces setbacks – challenges such as declining on-chain revenue and inflationary pressures have tempered expectations, with many analysts nowprojecting ETH to fall short of the $5,000 mark by year-end.

The launch of an Ethereum ETF in 2024 brought back optimism into the market, but keeping that momentum will depend on broader market conditions and Ethereum’s ability to overcome its current hurdles.

Ripple (XRP) — Riding High on a Stablecoin Boost

Ripple’s (XRP) recent performance has brought investors, with the launch of its RLUSD stablecoin sparking a parabolic rally. Marketed as a secure, use-based, and regulation-compliant asset, RLUSD has given it a new energy.

XRP’s price climbed from $0.55 to a peak of $2.72, before stabilizing around $2.25. Approval from the New York Department of Financial Services (NYDFS) on December 10 for RLUSD’s launch has bolstered investor confidence and set the stage for further gains.

If Ripple gets to keep its current trajectory, it could challenge its ATH of $3 and reach new heights, with analystslooking at a target of $5. The combination of strong fundamentals and market momentum makes XRP one to watch closely.

Cardano (ADA) — Could We See a Comeback to Its 2021 High

Cardano (ADA) has shown signs of recovery, with its price regaining ground at $3.10. As one of the top altcoins, ADA is benefiting from renewed investor confidence amid a broader market rally.

Cardano’s ATH of $3.10, achieved in September 2021, remains a key milestone. Although the cryptocurrency is still 63.71% below this peak, recent trends suggest it’s on a path to closing that gap.

Analysts attribute ADA’s resurgence to a combination of market optimism and the network’s strong fundamentals. If current conditions persist, Cardanocould reclaim its 2021 high and potentially establish new records.

The Takeaway

Ethereum (ETH), Ripple (XRP), and Cardano (ADA) may be grappling with resistance levels and market volatility at the moment, but their potential for growth remains obvious – each project is perfectly positioned to get to its new ATH.

At the same time, PlutoChain ($PLUTO) could bring innovation to the Bitcoin ecosystem – it might merge Bitcoin’s security with advanced Layer-2 innovations, potentially making it a project to keep on your radar.

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.

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.