Hedera (HBAR) remains among the leading assets in the market, with predictions of reaching the $7 mark while its DeFi and NFT apps expand – a thing we’ll check out in the following
This is where PlutoChain ($PLUTO) might step in with its Layer-2 solution for Bitcoin, as it already processes 43,200 testnet transactions daily and could integrate Ethereum-based projects.
PlutoChain could be an interesting project to keep a close eye on in the following weeks.
Let’s check them both out!
Can We Expect Hedera to Hit $7 Any Time Soon?
As of January 28, 2025, Hedera (HBAR) is trading around $0.317, showing a slight increase of 0.047% from the previous day. Throughout the day, the price has fluctuated between a low of $0.302 and a high of $0.320. Technical analysis indicates that HBAR has been trading within a stable range over the past week, with support levels around $0.30 and resistance near $0.34.
Recently, many analysts gave their predictions for HBAR – Changelly predicts an average price somewhere around $0.0717 for 2025 which suggests a 49.7% growth. Also, CoinCodex gives us a broader range, expecting it to trade between $0.305733 and $1.091756 in 2025 which records potential for a 240.38% return.
While these predictions suggest that while $7 may be an ambitious target for this cycle, Hedera’s growing DeFi and NFT capabilities could push its price to more bullish territory over time.
How PlutoChain’s Smart Contracts and Layer-2 Tech Could Upgrade Bitcoin’s Potential
PlutoChain ($PLUTO) could capture early adopter attention with its potential to expand Bitcoin’s capabilities by integrating DeFi, NFTs, and AI-powered applications into its network.
By merging these elements, it could become an advanced option for users and developers that seek innovation.
One of its best features is its compatibility with the Ethereum Virtual Machine (EVM) – the bridge between Ethereum and Bitcoin could allow developers to connect Ethereum-based projects such as DeFi, NFTs, and AI.
It could expand Bitcoin’s usage in ways where it usually falls short – some simple tools could make development more accessible and draw in both users and creators. On the technical side, PlutoChain has an amazing ability to process 43,200 transactions per day and achieve block times as fast as 2 seconds.
As we’ve mentioned, this speed could mark a significant improvement over Bitcoin’s standard 10-minute block time and could offer the scalability and efficiency required for modern blockchain applications.
PlutoChain’s credibility could be further reinforced by successful audits from firms such as SolidProof, QuillAudits, and Assure DeFi, which help ensure a secure infrastructure capable of handling high-speed processing.
The project also focuses on decentralization by letting the community make decisions about upgrades, partnerships, and features. While it’s looking for speed, scalability, and accessibility, PlutoChain could address Bitcoin’s biggest problems.
The Verdict
Hedera’s potential to reach $7 this cycle is powered by its expanding role in DeFi and NFT applications, strong partnerships, and growing interest in its innovative blockchain tech.
On the opposite side, PlutoChain may attract attention from whales because of its advanced Layer-2 technology, which is trying to expand Bitcoin’s capabilities by potentially integrating DeFi, NFTs, and a robust governance framework.
Also, it may add smart contracts and AI features to Bitcoin’s toolkit – and all that while keeping things safe.
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Please keep in mind that this article is not financial advice. All crypto tokens are volatile, and trading involves risk. Always do your own research and consult a qualified expert before joining any crypto venture. Mention of any tokens in this article does not guarantee future performance. Statements regarding the future carry risks and are not assured to be updated.
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
Source: https://nulltx.com/the-hedera-price-prediction-will-hbar-surge-to-7-with-expanding-defi-and-nft-applications/