Why Plasma ($XPL) Fundamentals Look Strong Despite Reduced Incentives
Recent data highlights the growing strength of the Plasma network. Even after incentives were reduced by more than 95%, key on-chain metrics remained stable. The stablecoin supply held firm at around $2.1B, while DeFi TVL stayed near $5.3B. This clearly shows that Plasma is not dependent on short-term rewards but is supported by real, organic demand. Such resilience reflects strong fundamentals and increasing network utility. As adoption continues and the roadmap unfolds, $XPL appears well-positioned for long-term value growth.
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