XPL (Plasma) 24-hour increase of 17.39%

GateNews

2026-02-26 03:43:30

XPL-9.01%

Gate News Bot Report, February 26 — According to CoinMarketCap data, at press time, XPL (Plasma) is trading at $0.10, up 17.39% in the past 24 hours. The price reached a high of $0.11 and a low of $0.08 during this period, with a 24-hour trading volume of $134 million. The current market capitalization is approximately $186 million, an increase of $27.6 million from yesterday.

Plasma is a high-performance Layer 1 blockchain designed specifically for stablecoins. Built from the ground up with stablecoin applications in mind, Plasma offers institutional-grade security and near-instant, fee-free transactions. The network processes over 1,000 transactions per second with a block time of less than 1 second. It supports more than 25 stablecoins across over 100 countries and regions worldwide, offering more than 200 payment methods. To date, Plasma has accumulated over $700 million in stablecoin deposits, making it the fourth-largest USD₮ ecosystem globally, with over 100 ecosystem partners.

Recent Important News about XPL:

1️⃣ Stablecoin Ecosystem Position Strengthened
Plasma, as the fourth-largest USD₮ ecosystem globally, has over $700 million in stablecoin deposits and supports more than 25 stablecoins. It covers over 100 countries and regions worldwide and supports more than 200 payment methods, with over 100 ecosystem partners. This extensive ecosystem and stablecoin accumulation provide a solid foundation for XPL token demand.

2️⃣ High-Performance Technology Supporting Application Expansion
Plasma’s high-performance features—processing over 1,000 transactions per second, a block time under 1 second, and near-instant, fee-free payments—give it a competitive edge in stablecoin payments. These technical advantages facilitate platform adoption in global payment scenarios and drive user growth.

3️⃣ Token Value Release Phase
XPL tokens have officially launched and integrated into DeFi ecosystems, marking the platform’s transition into the token economy activation phase. Market recognition of Plasma as a dedicated blockchain for stablecoins has increased, boosting recent token prices.

This message is not investment advice. Please be aware of market volatility risks.

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Pi Network Migration Hits 50M Daily as Team Flags GCV Scams

pi network news Daily Crypto News Project Progress

Pi Network news today shows its activity picking up speed again. At least according to the community updates shared on February 28. A prominent Pi community member claimed the network is now mapping roughly 50 million Pi coins per day to Mainnet wallets. The update quickly spread among Pioneers

Coinfomania27m ago

Hedera Expands Exchange Access as Kraken Prepares New Network Support

Daily Crypto News Partnerships & Ecosystem

Kraken is bringing Hedera EVM and the Hedera Token Service (HTS) to its platform, allowing the exchange to support direct withdrawals and deposits of HTS-native tokens. Kraken recently introduced regulated perpetual futures contracts based on tokenized stock, and Flexline, a crypto-backed

CryptoNewsFlash34m ago

BNB falls below $600, now at $592.27, down 5.98% in the past 24 hours

BNB news Daily Crypto News Price Volatility

Odaily Planet Daily reports that according to market data, BNB has fallen below $600, currently trading at $592.27, a 5.98% decrease in the past 24 hours.

GateNews1h ago

Axiom Employee Allegedly Exploits Dashboard for Insider Trading

Daily Crypto News Enforcement Actions Security Incidents

Allegations against Axiom Exchange reveal that Broox Bauer exploited internal dashboards to track private wallets for insider trading schemes, targeting high-volume traders. The lack of access controls raises significant security concerns, prompting calls for investigation.

CryptoFrontNews1h ago

Uniswap fee switch voting in progress! UNI price defies the trend and rises, with 8 chains potentially generating millions of dollars in monthly revenue

uniswap news Daily Crypto News Price Volatility Project Progress Token Events

Uniswap token holders have initiated a new round of DAO voting, proposing to enable fee switching mechanisms on 8 blockchains, which is expected to generate significant protocol revenue. UNI has increased by approximately 9% over the past 7 days, while BTC and ETH have declined. If the proposal passes, liquidity fees will be directed into the "token treasury," allowing users to earn rewards by burning UNI, creating a deflationary outlook. The proposal has passed the first round of voting, with the final vote ending on March 4.

GateNews3h ago

XRP stabilizes above $1.4, FXRP mints over 3 million tokens in a single day, DeFi and ETF funds accelerate simultaneously

XRP news Daily Crypto News Market Analysis Capital Flow Global Markets On-Chain Data

XRP's recent price remains steady in the $1.32-$1.48 range, with the market watching to see if it can break through $1.5. As on-chain activity increases, FXRP minting has risen significantly, and DeFi participation has grown. Capital inflows have strengthened, and positive signs are emerging in spot ETFs, with technical indicators showing bullish momentum is building.

GateNews4h ago

Comment

0/400

No comments