The post Ethereum Price Prediction: Is a Price Surge Ahead For ETH After Eric Trump’s Surprise Endorsement? appeared first on Coinpedia Fintech News
Ethereum has seen a significant price surge following a surprising endorsement from Eric Trump – a topic we’ll explore further below.
Meanwhile, PlutoChain ($PLUTO) could draw attention as a hybrid Layer-2 solution that could enhance Bitcoin’s functionality.
By improving transaction speeds, reducing fees, and allowing compatibility with Ethereum-based applications, PlutoChain may offer a way to modernize Bitcoin without changing its core structure.
Let’s check out the details.
Ethereum Price Prediction: Can Eric Trump’s Endorsement Drive ETH to a New ATH?
ETH is currently valued at around $2,595. It did soar from around $2,400 to over $2,900 in less than 24 hours on Monday, capping a wild ride three-day performance. But, the big news came when Eric Trump wrote on X that he thinks now is a great time to add ETH.
Trump’s choice of words was somewhat cryptic as it is unclear whether his recommendation to “add” Ethereum was directed at investors in general, or if it also implied the digital currency should have a role in the country’s larger strategic calculations.
In recent weeks, there have been ongoing rumors that the U.S. is set to launch a strategic Bitcoin reserve, and, on Monday, President Trump signed an executive action to create a sovereign wealth fund for the country.
Neither the President nor senior White House officials appear to have designated Ethereum as a priority for either of these initiatives.
The Trump family, however, does have a vested interest in Ethereum in the form of World Liberty Financial, a new decentralized finance (DeFi) project backed by the President that has significant cryptocurrency holdings.
A popular Ethereum educator and investor, sassal0x, tweeted a few weeks ago that Trump now owns 55,000 ETH.
PlutoChain ($PLUTO) Could Transform Bitcoin With Faster Transactions and Lower Costs
Bitcoin faces long-standing issues that include slow transaction speeds, high fees, and network congestion. While blockchains like Ethereum and Solana have introduced innovative scaling solutions, Bitcoin has yet to fully evolve to meet the growing demands of the market.
PlutoChain, a hybrid Layer-2 solution, could be the key to unlocking Bitcoin’s next phase of adoption. Designed to improve efficiency and usability, PlutoChain could operate alongside Bitcoin to ease congestion and optimize transaction processing without altering Bitcoin’s core infrastructure.
One of PlutoChain’s biggest advantages is speed. Instead of waiting around 10 minutes for a single block confirmation, PlutoChain offers 2 second block time on its own L2 chain.
PlutoChain could also tackle Bitcoin’s expensive transaction fees. By dramatically reducing fees, it could lower barriers for users looking to adopt Bitcoin for everyday use.
As a fully Ethereum Virtual Machine (EVM)-compatible network, PlutoChain could allow Ethereum-based applications, including DeFi protocols, NFT marketplaces, and AI-driven platforms, to seamlessly integrate with Bitcoin. This could redefine Bitcoin’s role and expand it from a simple store of value to a multi-functional asset within the broader ecosystem.
PlutoChain has already demonstrated its potential during testing by successfully handling 43,200 transactions in a single day without any network disruptions.
Security is also a top priority — the platform has undergone rigorous audits by SolidProof, QuillAudits, and Assure DeFi. It also performs regular code reviews and stress testing to reinforce its reliability.
Instead of relying solely on developers or central authorities, it empowers the community to propose and vote on key decisions, from protocol upgrades to strategic partnerships.
Final Thoughts
With Eric Trump endorsing ETH on Twitter, we might see another bull rally for the world’s largest altcoin soon.
While that is happening, PlutoChain could generate substantial buzz because of its features that could improve Bitcoin’s functionality, it may help Bitcoin evolve beyond a store of value.
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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. Forward-looking statements carry risks and are not guaranteed to be updated.