XPL Sees 52% Surge Following Plasma Mainnet Launch

• Lyla Velez
• September 25, 2025
• News
• 0 Comments

XPL token skyrocketed 52% following the launch of Plasma’s mainnet, supported by $2 billion in stablecoin liquidity and zero-fee USDT transfers.

The event sets a new benchmark for day-one liquidity, highlighting the growing trust in stablecoin applications and sparking a positive market response.

The launch of Plasma’s mainnet led to a 52% rise in the XPL token price. Backed by substantial $2 billion stablecoin liquidity and led by Tether CTO Paolo Ardoino, Plasma aims to revolutionize zero-fee USDT transactions. Institutional support from Tether and major funds elevates its stature. With the participation of major DeFi protocols, this ecosystem shift marks a significant development in cryptocurrency finance.

“With Plasma, we’re bringing stablecoin utility and yield onchain at unprecedented scale.” — Paolo Ardoino, CTO, Tether (source)

XPL saw its initial coin offering price rise from $0.05 to approximately $0.73 upon launch. The presence of prominent supporters underscores its market credibility. Immediate impacts are evident with Plasma being ranked as the 8th largest blockchain by stablecoin liquidity.

Financial implications include a $373 million public sale, dramatically surpassing the expected $50 million cap. The $7.7 billion fully diluted valuation confirms its robust start. The direct integration with stablecoins, primarily USDT, paves the way for enhanced DeFi applications, leading to significant liquidity shifts.

Further ramifications lie in bridging Ethereum assets. The integration with DeFi entities like Aave and Fluid and the high GitHub activity and a completed roadmap signal strong developer engagement. With no regulatory statements yet from agencies like the SEC, Plasma’s adherence to due diligence appears intact.