#plasma $XPL @Plasma (XPL) quickly made All-Time High (ATH) after mainnet launch in late 2025 due to strong hype and exchange listing. But this ATH did not last long. The main reasons were: Early investors and private round holders start taking profits Launch-period liquidity was high, but long-term demand had not yet developed Market-wide correction (altcoin sell-off phase) As a result, the token dropped a significant percentage from its peak within a few weeks. 2. Ongoing Selling Pressure – Why is there still pressure? Selling pressure is seen on XPL in early 2026 as well. Several structural factors are at work behind this: Tokenomics-based pressure The total supply of XPL is very large Circulating supply is gradually increasing Many traders sell early from unlock anticipation Trader Psychology Many people don't want to take risk knowing that big unlock is coming Rally is using it as a sell opportunity Due to this price recovery is slow, sideways or downward bias is seen. 3. Major Token Unlock – July 2026 (US Investors) The most important thing is the big token unlock of July 2026. Unlock Details: Approximately 2.5 Billion XPL tokens About 25% of the total supply The one-year cliff will come to the market at the end A large part of this is from US-based institutional / early investors This event can have a big impact on the market, because: Sudden supply increase Early investors profit realization Short-medium term price suppression The market is already cautious about this unlock, which is adding to the current selling pressure Superex 4. Possible Market Scenarios (2026) Bullish Case Plasma network adoption grows rapidly Stablecoin usage (USDT transfers) is widespread Absorbs the stress of yield, staking, ecosystem demand unlock Price range may be: $2.10 – $2.30 Base Case (Most Realistic) Intermittent sell-off during unlock Slow adoption Price range: $1.00 – $1.50
#plasma $XPL On January 23, 2026, Plasma, a stablecoin-focused Layer-1 blockchain, officially integrated with NEAR Intents, enabling intent-based, bridge-free cross-chain swaps across 25+ blockchains. This allows users to move and swap USDT0 and 125+ assets across 25+ chains in a single action, without manually bridging, switching wallets, or handling gas on multiple networks What Are NEAR Intents?NEAR Intents is a chain-abstraction protocol built on NEAR that lets users specify what they want, not how to do it.Instead of: bridging tokens managing multiple wallets paying gas on several chains Users simply submit an “intent” (e.g., “swap USDT from Chain A to Plasma”).How it works: Express – User signs one intent message Solve – A decentralized network of solvers finds the best cross-chain route Settle – Transactions are finalized across chains in ~2–3 seconds This is bridge-less, permissionless, and non-custodial. NEAR What Plasma Brings Plasma is a purpose-built Layer-1 blockchain for stablecoins, optimized for: High-volume USDT payments Fast finality Low fees EVM + non-EVM compatibility Key facts: Backed by Tether, Peter Thiel, Bitfinex Raised $24M (Framework Ventures led) TVL ≈ $3.2B since launch (Sept 2025) Focuses heavily on USDT & USDT0 operations.
What the Integration Enables Cross-Chain Swaps (25+ Chains) Plasma joins NEAR Intents’ chain-abstracted liquidity pool Supports 125+ assets Works across Ethereum, Solana, Bitcoin, L2s, and more “Users can seamlessly swap 125+ assets across 25+ major chains to and from Plasma’s native token XPL.”
blockchainreporter USDT0 Cross-Chain Transfers USDT0 deposits & withdrawals on Plasma are now supported USDT0 is an omnichain version of USDT built with LayerZero Ideal for large-volume, low-friction stablecoin settlement.
No Bridges, No Manual Steps Previously: Bridge-wait-pay gas-swap-repeat Now: One intent-one click-done This removes: Bridge risk UI complexity Liquidity fragmentation
Plasma is a Layer-1, EVM-compatible blockchain purpose-built for stablecoin payments, especially USDT, with a core promise of: Zero-fee USDT transfers High-speed, sub-second finality Institution-grade stablecoin infrastructure Plasma launched its mainnet beta on September 25, 2025 and is now in a network hardening & ecosystem expansion phase through early 2026? plasma.to +1 Current Network Status (Early 2026) Phase: Network Hardening This phase focuses on: Security stress testing Validator decentralization Gradual expansion of zero-fee transfers beyond Plasma-native apps Infrastructure reliability for payments at scale Zero-fee USDT transfers currently work via Plasma’s paymaster system, with broader dApp access rolling out progressively. plasma.to +1 Core Technology PlasmaBFT Consensus Custom Proof-of-Stake consensus Optimized for high-frequency stablecoin transfers Parallel block proposal & finalization Sub-second settlement Designed specifically for payments, not generic DeFi throughput CoinCatch +1 Zero-Fee USDT Transfers Gas fees for basic USDT transfers are sponsored Funded by a protocol-level paymaster Users do not need XPL to send USDT Applies only to simple transfers, not complex DeFi actions Binance Academy Custom Gas Tokens Users and apps can pay gas using: USDT BTC Other approved ERC-20 tokens This removes a major onboarding barrier for mainstream users CoinCatch +1 EVM Compatibility Fully Ethereum-compatible Uses Reth (Rust-based Ethereum client) Works with MetaMask, Hardhat, Foundry, Solidity Developers can migrate Ethereum apps with minimal changes Binance Academy Native Bitcoin Bridge (pBTC) Trust-minimized BTC bridge BTC deposits mint pBTC (1:1 backed) No centralized custodian Shared security with Plasma validator set Future upgrades plan to integrate BitVM2 LeveX XPL Token Overview Token Supply & Distribution Total supply: 10,000,000,000 XPL Public sale: 10% Ecosystem & incentives: ~40% Team & investors: ~50% (vested) US participants’ tokens unlock July 28, 2026 due to regulation Plasma XPL Utility Validator staking & network security Governance Gas for non-USDT transactions Incentives for validators & developers Plasma uses reward slashing, not stake slashing (lower validator risk) Binance Academy Ecosystem & Adoption Liquidity & DeFi $2B+ stablecoins at launch 100+ DeFi integrations, including: Aave Ethena Fluid Euler Within weeks, Plasma became a top-10 chain by stablecoin liquidity Blockworks +1 Major Backers Tether / Bitfinex Founders Fund (Peter Thiel) Framework Ventures Paolo Ardoino (Tether CEO) Total funding exceeded $400M (VC + public sale) LeveX Real-World Use Cases Cross-border remittances (0% transfer fee) Merchant & retail payments Payroll & treasury settlements Stablecoin savings & lending $BTC Bitcoin DeFi via pBTC Plasma One (neobank layer) targets emerging markets with cards & on/off-ramps LeveX ⚠️ Risks & Challenges XPL price declined sharply after launch (unlock pressure) Actual TPS still far below advertised capacity Strong competition from: TRON (USDT dominance) Ethereum L2s Solana Heavy dependence on Tether ecosystem Still early-stage infrastructure, not yet battle-tested at global scale LeveX Summary Plasma (XPL) is not a generic Layer-1. It is a stablecoin-native blockchain designed to make USDT move like cash: Zero-fee transfers Bitcoin-anchored security Institutional backing Strong early liquidity Success now depends on real payment adoption, not hype. #Plasma $XPL @Plasma