Plasma (XPL) has witnessed explosive growth this week across derivatives, TVL, and on-chain metrics. After previously reaching a high of $1.42, the token has retraced to around $0.2552, yet the ecosystem indicators remain firmly bullish.
Now ranking as the 5th largest DeFi chain with $6.4B in TVL and over $5.3B in stablecoin reserves, XPL is demonstrating strong capital inflows and investor confidence. Following the mainnet beta, on-chain activity has surged by more than 5,000% in just 30 days.
With deep liquidity from launch, Chainlink SCALE integration, and solid venture support, XPL’s fundamentals continue to strengthen. As liquidity and ecosystem growth persist, the token stands out as a high-volatility, high-upside opportunity amid improving market stability.
