Plume (PLUME) is under pressure today, with recent pullbacks testing investor resolve. As of writing, PLUME is trading around $0.0971, having dropped ~5.7% in the last 24 hours according to CoinMarketCap. The 24h range stretches from about $0.0960 to $0.1035.
This downward drift comes after a strong showing following the Binance HODL-airdrop, which had kicked off a rally earlier when PLUME jumped ~16% in response to the news. While that bump boosted sentiment, today’s decline reminds traders of the risks of momentum reversals.
Key Risk: Upcoming Token Unlock
One looming headwind is a scheduled unlock of 1.37 billion PLUME tokens on January 21, 2026. This event could amplify sell pressure if many token holders decide to realize gains or rebalance positions. Markets tend to price in such unlocks in advance, so volatility may increase in coming weeks.
Ecosystem Strength: TVL Growth
Despite price swings, the Plume chain is showing real traction in its core realm: Real World Assets (RWA). According to a recent report, Plume has surpassed $110 million in total value locked (TVL). That indicates demand for tokenized asset activity is growing — a critical foundation for long-term value.
Additionally, the project continues to advance its privacy and compliance stack. Plume is deploying Nightfall as a Layer-3 solution to bring private yet compliant transactions to RWAs at scale. EY (Ernst & Young) is assisting the deployment, offering credibility for enterprise interest.
What Traders & Investors Should Watch
Support zone: ~ $0.090 to $0.095. If price breaks below this, deeper downside could follow.
Resistance band: ~ $0.11 to $0.115. A push beyond this could reclaim bullish momentum.
Volume confirmation: Watch for big volume spikes supporting directional moves.
Unlock window: January 2026 unlock is critical; markets may adjust positioning ahead of it.
In summary, while price is under strain, Plume’s fundamentals in the RWA space and its technical roadmap remain solid. But with sell pressure risks and token unlocks on the horizon, traders should stay nimble, use risk management strategies, and observe how asset flows evolve ahead of key dates.
#Plume @Plume - RWA Chain $PLUME