Plasma $XPL is a Layer-1 blockchain optimized for stablecoin payments, integrating Bitcoin’s UTXO model and EVM compatibility to deliver zero-fee USDT transfers, confidential payments, and flexible gas options (e.g., stablecoin fees via a paymaster). With a 10 billion XPL token supply, it powers PlasmaBFT consensus, validator rewards, governance, and ecosystem growth (40% allocation).
Backed by Founders Fund and Tether’s CEO, Plasma targets a $10T+ market for remittances and global finance.
On September 25, 2025, XPL debuted on Binance for spot trading (XPL/USDT, others) at 13:00 UTC, alongside its mainnet beta launch with $2B stablecoin TVL, boosting liquidity and visibility.
Expected Price
Opening at $0.73-$0.79 (market cap ~$1.25B, FDV ~$7B), XPL reflects 10-15x gains from its $500M public sale. Forecasts suggest $0.50-$0.75 by September’s end, $0.80-$1.20 by Q4 2025, and $1.00-$3.00 by year-end, driven by TVL growth and regulatory tailwinds, though whale dumps pose risks.
Future Prospects
Plasma’s potential lies in capturing stablecoin adoption in underserved regions, with Tether integrations and airdrops targeting 100M+ users. Challenges include U.S. regulatory delays and competition. Optimists project a $3-20B FDV by 2026 if it becomes the “Tether chain,” but volatility remains a concern. $XPL