XPL Experiences 52% Increase After Plasma Mainnet Debut
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Sep 25 2025Main Event and Market Impact: The launch of Plasma's mainnet resulted in a 52% increase in the XPL token price, driven by a record-breaking $2 billion in stablecoin liquidity and zero-fee USDT transfers, marking a significant shift in cryptocurrency finance.
Institutional Support and Future Prospects: Backed by industry leaders like Tether and major DeFi protocols, Plasma aims to enhance stablecoin utility and yield on-chain, with a successful public sale raising $373 million, far exceeding expectations, and positioning Plasma as the 8th largest blockchain by stablecoin liquidity.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
