Plasma (XPL) surged 24.18% as investors reacted to a major token unlock of 1.76 billion XPL, about 63.2% of circulating supply, and a large team transfer of 300 million XPL to a new wallet. Despite supply risks, buyers pushed prices higher, supported by a 182.78% increase in derivatives trading volume and a strong long bias among top traders. The price broke through key resistance at $0.11304 but faces overhead supply near $0.125 and potential pullback risks due to clustered liquidation zones below current prices. Maintaining support above $0.11304 is crucial for further gains toward $0.14, while a drop could expose lower support levels around $0.10185 and $0.08905.
Plasma (XPL) is trading at Rp2.065 on Pluang as of Sep 26, 2026 07:11 WIB, showing a 4.19% gain in the last day, which contrasts with the 24.18% surge noted in the article. The circulating supply on Pluang is 2.8 billion XPL, with a market cap of Rp5.73 trillion and a strong buy sentiment at 72% of order activity. This trading activity and price level highlight the ongoing investor interest despite the large token unlock and potential pullback risks discussed in the news.
On Sept. 25, Plasma released 1.76 billion XPL tokens, representing 17.6% of its initial supply and 63.2% of the circulating supply. This release marks the first one-third unlock for team and investor allocations following a one-year cliff, with the r...
After a sharp drop on September 23, the XPL token price fell from $0.094 to $0.0815 within an hour. An address began accumulating XPL early on September 24 near $0.085 using time-weighted average price orders, completing the purchase by evening. Foll...
