Plasma Mainnet Beta Launch: The Plasma network's mainnet beta launch led to a pre-market rally for XPL tokens, which rose from $0.78 to $0.84 ahead of the official launch on September 25, with expectations of a valuation exceeding $1 billion and an immediate listing on Binance.
Market Dynamics and Speculation: The price discovery for XPL is being closely monitored due to its volatility, with significant trading activity from whales on Hyperliquid. The project has raised over $75 million and aims to launch with $2 billion in stablecoin liquidity, positioning itself as a major player in the saturated blockchain market.
