I’ve been watching Plasma closely lately and honestly, I need to share what’s happening because the developments are pretty wild.
I just saw that NEAR Intents integration dropped on January 23rd. This thing connects us to major cross chain liquidity pools, which means way more utility for both XPL and USDT0. Plus Pendle rolled out their governance overhaul on the 21st after launching on Plasma. More DeFi protocols are paying attention now.
I’m also keeping tabs on this Binance Square campaign that’s running through February 12. If you’re a verified user, you can snag a share of 3.5 million XPL tokens by completing tasks and creating content. Definitely worth checking out.
I know the January 25th unlock has people nervous. 88.89 million tokens entering circulation is real. But here’s what caught my attention: even after incentives got cut by 95 percent last month, we’re still sitting at $2.1 billion in stablecoin supply and $5.3 billion in DeFi TVL. That tells me we’ve got genuine utility, not just farming games.
I saw Framework Ventures’ cofounder say “Plasma is going to make it in 2026” and they’re literally putting money where their mouth is. Meanwhile, infrastructure keeps expanding with Kraken adding USDT0 support, CoW Swap integration for better execution, and MassPay bringing native payments.
I think we’re building something sustainable here while most projects are still chasing yield farmers.
