Bitcoin Layer-2 PlutoChain Challenges Ethereum’s Market Lead

Ethereum (ETH) is currently trading around $3,075, with analysts setting a near-term target of $4,000 if it surpasses $3,700 resistance.

Long-term projections from CoinDCX suggest ETH could reach between $9,500 and $12,300 by late 2025, fueled by scalability improvements, dApp adoption, and potential Ethereum ETF approvals.

While hitting $11,000 would require ETH to triple its value, experts believe it’s possible if favorable market conditions align with major technological advancements.

PlutoChain: A Game-Changer for Bitcoin?

PlutoChain ($PLUTO), a Bitcoin Layer-2 solution, is gaining attention for integrating AI and smart contracts into Bitcoin’s ecosystem. Its testnet processes 43,200 daily transactions, showcasing its potential to address Bitcoin’s scalability issues.

Key features include:

• Ethereum Virtual Machine (EVM) compatibility, allowing ETH-based dApps to run on Bitcoin
• 2-second block times, making transactions faster and cheaper
• Decentralized governance, with community-driven decision-making
• Security audits from SolidProof, QuillAudits, and Assure DeFi

With 6 million tokens already sold in presale, PlutoChain is positioning itself as a serious contender in the blockchain space, potentially unlocking Bitcoin’s untapped DeFi and NFT markets.

Final Thoughts

Ethereum’s path to $11,000 remains uncertain, but PlutoChain’s innovations could reshape Bitcoin’s future.

If PlutoChain succeeds in bridging Ethereum’s flexibility with Bitcoin’s security, it could redefine blockchain functionality and challenge Ethereum’s dominance in the long run.