Plasma
A New Crypto Project Vowed to Transform Stablecoins. Then Its Token Crashed 90%
The stablecoin infrastructure hopeful is trading nearly 90% below its early peak, with thin usage, supply pressure and sparse communication fueling uncertainty about whether the sell-off has truly run its course.
Plasma’s XPL Token Crashes 80% as Hype Fades Amid Woeful Debut
Once billed as the “blockchain for stablecoins,” Plasma’s XPL token has plunged from its $1.67 peak to $0.31 amid low network activity and waning sentiment
Plasma Obtains VASP License, Opens Amsterdam Office to Expand Stablecoin Payments in EU
The firm behind the fast-growing stablecoin blockchain also plans to obtain MiCA and EMI licenses as part of its expansion in Europe.
Stablecoin Boom Nears $300B as New Platforms Push Market Beyond Trading: Artemis
Supply has surged 72% year-over-year, led by Ethereum, Solana, and Plasma’s record debut, as stablecoins begin to mirror core banking functions
LINK Shifts Momentum as Stablecoin Chain Plasma Integrates Chainlink Services
Chainlink will provide oracle, cross-chain and data services to the Plasma network to support stablecoin use cases.
Stablecoin-Focused Plasma's XPL Token Debuts With Over $2.4B Market Cap
XPL functions as a gas token, staking asset, and reward token, with a total supply of 10 billion tokens.
The Protocol: Ethereum Developers Target December for Fusaka Hard Fork
Also: Plasma to Launch Mainnet This Week, New Liquid Staking Token for XRP Holders, and ICP Bets Big on AI Tech Stack.
Plasma Unveils First Stablecoin-Native Neobank, Targeting Emerging Markets
The rollout comes ahead of Plasma’s mainnet beta launch on September 25.
Plasma to Launch Mainnet Beta Blockchain for Stablecoins Next Week
The team claims that the network will debut with more than $2 billion in stablecoin liquidity.
XPL Futures on Hyperliquid See $130M Wiped Out Ahead of the Plasma Token's Launch
Open interest on Hyperliquid’s XPL market plunged from $160 million to $30 million in minutes as a trader-triggered price spike caused mass auto-deleveraging.
