xpl

Echo, the platform of KOL Cobie, launches Sonar, a public token sale solution reminiscent of the ICO period from 2017 to 2019. Plasma (XPL), a layer-1 blockchain supporting stablecoins, is the first project, aiming to raise $50 million with a valuation of $500 million. With USDT at $1 (CoinMarketCap), this event could spark an ICO trend.
Sonar allows for flexible sales (auctions, scoring), supports multiple blockchains, and ensures legal compliance through identity verification. Unlike launchpads, Sonar only provides a landing page via project announcements, handling 1000 sales simultaneously. Plasma, an EVM-compatible sidechain for Bitcoin, sells 100 million #XPL (10% of total supply) at a price of $0.05. The process includes: Deposit (09/06/2025), 40-day Lock-up, Public Sale, and Mainnet Beta. Plasma partners with Ethena, $AAVE , Curve to support free USDT transactions.