On September 27th, the stablecoin L1 blockchain Plasma was launched 24 hours to absorb more than 4 billion US dollars of cryptocurrency, ranking eighth in the value of blockchain DeFi deposits, mainly due to the Plasma lending vault and cooperative DeFi protocol. Users who lock assets can earn network native tokens XPL.
The initial success of Plasma has driven up the price of XPL tokens. XPL has risen by 30% from the opening price, currently around $1.20, corresponding to a fully diluted valuation of nearly $12 billion, which is 24 times higher than the valuation of $50 million when it was offered for sale in June. For investors who participated in the Plasma seed round on the early-stage investment platform Echo last November, it means an amazing return of up to 324 times.
Plasma online 24 hours to absorb more than 4 billion dollars cryptocurrency
2025-09-26 16:29:03
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Plasma上线24小时吸收超40亿美元加密货币Next article：
BitGo已开始向对应FTX债权人发送电子邮件确认资金存入
