Plasma

Plasma ($XPL ) has launched as a purpose-built Layer 1 blockchain designed to revolutionize global finance by providing the essential infrastructure for stablecoin payments. Dubbed "Money 2.0," Plasma aims to deliver permissionless access to core financial services globally, particularly targeting emerging regions where digital dollars are a crucial lifeline.
Unmatched Stablecoin Liquidity and Features
Plasma is launching with an unprecedented amount of day-one liquidity and specialized features optimized for stablecoin utility.
Massive TVL at Launch: Plasma launches with over $2.5 billion in stablecoin Total Value Locked (TVL)1. This enormous liquidity base includes:$1 billion raised from a deposit campaign that closed in approximately 30 minutes2.$1 billion from a Binance Earn campaign3.An additional $500 million in ETH contributed by EtherFi4.Core Payment Features: The network is engineered for global stablecoin payments, offering zero-fee USDF transfers, custom gas tokens, and confidential payments to realize the promise of stablecoins for daily life.Ecosystem Integration: The launch sees immediate day-one support from major blue-chip DeFi applications, including Aave, Ethena, Fluid, and Maple. Notably,Maple is going live with $200 million in SryupUSDT, and USD.ai with $250 million in USDai.
Vision, Adoption, and Market Confidence
Plasma’s vision is centered on making payments globally accessible, focusing on localization and integrating with physical cash networks to penetrate markets where digital dollars are most needed.
Oversubscribed Sale: Market confidence was confirmed during its $50 million public sale, which was 7x oversubscribed, with $373 million committed to purchasing the $XPL token.Strategic Expansion: To achieve its vision, Plasma is strategically focused on partnering with fintechs, exchanges, and institutions globally, ensuring its USDT rails are integrated everywhere.Future Products: Plasma is also launching a neobank and card called Plasma One11, further bridging crypto utility with mainstream financial services.
#Binance #wendy #plasma #XPL $XPL

TVL doubles in three days to $5.45 billion, Oversold RSI indicates a Rebound is coming?The price of Plasma (XPL) Token has retraced 32% from its high of $1.68 on September 28, falling 13% in the past 24 hours, and is currently trading at $1.14. However, in stark contrast to the price drop, the total value locked (TVL) in the Plasma network has more than doubled in three days since the Mainnet launch on September 26, skyrocketing to $5.45 billion.

This divergence between price and fundamentals highlights the conflict between short-term speculation and long-term DeFi rise. Currently, the XPL Relative Strength Index (RSI) is approaching the oversold region, and technical analysis indicates that $1.12 is a key support level. If long positions can hold this level, the price is expected to rebound to the resistance range of $1.32.XPL price experiences a sharp fall, short-term speculation enthusiasm wanesPlasma (XPL) faced significant selling pressure after recently reaching a peak of $1.68, with the price dropping to $1.14, resulting in a 13% fall within 24 hours.·

Market Capitalization and Valuation: The current market capitalization of this token is $2.05 billion, with a fully diluted valuation (FDV) of $11.43 billion.·

Trading Activity: Despite the price fall, trading activity remains high, with a 24-hour trading volume reaching $2 billion, an increase of 11.2% compared to the previous day, indicating that the high volatility in the market is attracting a large number of traders.·

Derivatives Market: CoinGlass data shows that the open interest of futures contracts has slightly increased by 0.77% to 1.43 billion USD, but the derivatives trading volume has decreased by 10.7% to 6.14 billion USD, suggesting a decline in short-term speculation while long-term positions remain relatively stable.

TVL surged by 135%, strong demand for stablecoin infrastructureThe fundamentals of XPL are expanding at an astonishing pace, and the growth of DeFi has completely outpaced the short-term correction in token prices.TVL doubles, Decentralized Finance ecosystem takes shape.

According to DefiLlama data, Plasma's Total Value Locked (TVL) has surged from $2.32 billion on September 26 to $5.45 billion, rising over 135% in just three days.·

Mainnet Effect: The Plasma Mainnet launched on September 26, quickly injecting $2 billion of TVL into over 100 DeFi protocols such as Aave, Ethena, Fluid, and Euler.· Stablecoin Hub: The market capitalization of stablecoins on the Plasma network has reached 6 billion USD, indicating a huge demand for its low-cost, high-throughput stablecoin optimized Layer 1 infrastructure.The ecosystem continues to strengthen

Despite the trading volume of decentralized exchanges falling from $351 million on September 26 to $126 million the previous day, on-chain adoption metrics remain healthy. The protocol has further strengthened its ecosystem through integration with Chainlink oracles and liquidity incentives approved by Uniswap governance.XPL Technical Analysis: $1.12 as the Long and Short LifelineFrom a technical perspective, Plasma is at a critical decision point.·

Key support: XPL is hovering above the immediate support level of $1.12 on the hourly chart.· Short-term Oversold: The Relative Strength Index (RSI) is nearing the oversold range (31.8), suggesting that the selling pressure may have been exhausted in the short term.·

Buy Signal: The narrowing of the MACD line and the signal line in the MACD indicator indicates a potential buy signal.·

Volatility Trend: The ADX indicator points to a strong ongoing trend, indicating that the market will continue to exhibit high volatility.· Upside target: If long positions can hold above $1.12 and break through the 20-SMA, the next targets will be $1.25 and $1.30, with a stronger breakout potentially challenging the resistance range of $1.32 to $1.35.·

Downside risks: If the 1.12 dollar support level is broken, the decline may accelerate, and the price may drop to 1.05 dollars. If weakness persists, the psychological barrier of 1.00 dollars will be tested, at which point a large number of buyers may re-enter the market.

Conclusion

Plasma (XPL) is experiencing a dramatic divergence between price and fundamentals: the price has significantly retraced due to the fading of short-term speculative sentiment, while the core TVL and stablecoin ecosystem have achieved explosive growth in just a few days, demonstrating strong long-term value capture potential. This divergence creates opportunities for investors optimistic about the Plasma Layer-1 infrastructure. In the short term, the support level of $1.12 is key to observing whether market sentiment has bottomed out and rebounded, while the RSI's oversold signal also provides potential entry points for swing traders.Disclaimer: This article is for news information and does not constitute any investment advice. The cryptocurrency market is highly volatile, and investors should make cautious decisions.
$XPL
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The setup: In 2025, M2 money supply hit a record $22 trillion and grew 1.1% YoY, fueling a 15% rally in mid‑ and low‑cap altcoins with over $200 M in fresh inflows . Bitcoin dominance slid from 64% to below 61% , and the top‑100 alts index (Total2) broke out of a long downtrend —a classic Stage‑3 altseason signal where large‑cap alts outpace BTC .

⚡ Plasma ($XPL): Launched Sept 25, Plasma debuted with $2 billion in stablecoin liquidity, becoming the eighth‑largest chain by stablecoin supply . It integrated 100+ DeFi protocols (Aave, Ethena, Fluid, Euler)  and secured backing from Tether and Founders Fund . Binance added Plasma USDT to its Earn product for 280 M users . Within a day, XPL’s price jumped 52% with volume up 18 000% . With regulators like the U.S. GENIUS Act mandating fully backed, licensed stablecoins , Plasma’s stablecoin rails are positioned to become core infrastructure.

🎮 Somnia ($SOMI): After processing 10 B+ testnet transactions and onboarding 118 M wallets  (with 1.9 B transfers in a single day ), Somnia’s mainnet went live Sept 2. It boasts 1 M TPS throughput and sub‑second finality , with validators like Google Cloud onboard . Only 16.02 % of its 1 B tokens are circulating (≈160 M), giving it a market cap of ~$114 M versus a $713 M fully diluted value . Heavy community and ecosystem allocations mean supply unlocks gradually —a strong setup as on‑chain gaming demand grows.

🧭 Macro & politics: The GENIUS Act (signed July 2025) introduces federal licensing for payment stablecoins and exempts them from securities laws , boosting confidence in regulated on‑chain dollars. Short‑term volatility from a potential U.S. government shutdown could delay economic data and SEC/CFTC decisions , but past shutdowns show Bitcoin reacts more to broader market cycles than to politics . With global liquidity loose and regulatory clarity improving, the drivers of altseason remain intact.