- Trendline broken after 1000 days - DEATH-CROSS ON DAILY CHART - DAILY MA 50 BROKEN-CONFIRMED - Dominance fell from ~67% to 58.30% - Retest attempt failed
binance open pre market of #XPL ,here some important stats and tecnolgy of #XPL coin . Read must befor buying🚨🛑🚨🛑 What is XPL? Plasma (XPL) is the native cryptocurrency token of the Plasma blockchain, a high-throughput Layer-1 designed specifically for zero-fee, scalable stablecoin transfers (especially USDT) . XPL serves similar functions to how Bitcoin or Ethereum operate on their networks: used for transaction fees, validator rewards, and as a foundational asset for the network’s incentive structure . --- Token Distribution & Launch Plasma conducted a public sale from July 17 to July 28, 2025, offering 10% of total supply (1 billion XPL) at a $500 million valuation. Non-US participants get immediate access; US participants face a 12-month lock-up, unlocking by July 28, 2026 . The overall supply at mainnet beta launch is 10 billion XPL, with 40% allocated to ecosystem and growth initiatives—including strategic partnerships and DeFi incentives—with an initial unlocked portion of 800 million XPL for early ecosystem support . To control inflation, Plasma employs an EIP-1559 style fee burn: base transaction fees (in XPL) are permanently destroyed . --- Recent Developments & Investor Activity Binance launched a “Plasma USDT Locked Product”, allowing users to lock USDT for daily USDT rewards. Participation entitled users to a share of a 100 million XPL airdrop (1% of total supply). The $250 million deposit cap filled in less than an hour . Market response has been bullish. Analysts acknowledge strong fundamentals—like backing from Peter Thiel, Tether’s Paolo Ardoino, and a $373 million token sale—but also caution that technical indicators show mixed signals. For example, a Bollinger Band breakout suggests a possible correction, while MACD and momentum indicators hint at short-term upside . On the derivatives side, Hyperliquid launched XPL/USDC perpetual contracts with up to 3× leverage, allowing traders to speculate on XPL’s price without expiry. The pre-market price is listed at about $0.37506 . $XPL #xpl