Identified as a major brand vertically integrating to replace the traditional banking system alongside Circle Arc and Stripe's Tempo in a year-ahead report by Delphi Digital.

Integrated with CoW Swap, enabling gas-free and MEV-protected token swaps, sends, and bridges on the network.

USDT liquidity within DeFi reached $3.06 billion, up 25% from a low of $2.5 billion in early November 2025, with approximately 71% of this USDT sitting in Aave V3.

Morph Network launched a $150M Payment Accelerator program to incentivize payment companies, financial institutions, remittance providers, card issuers, and payment gateways to process real money onchain on Morph mainnet, with rewards scaling based on verified payment volume and integration grants available for companies committing significant annual flow.

Launching Plasma One, a neobank built on Plasma that enables users to save, spend, and send stablecoins with instant, zero-fee USDT transfers and cashback in XPL tokens, accessible from 150+ countries.

Integrated with ShapeShift platform, enabling swap functionality for plasma tokens.

Featured by Apeiron Invests as one of their disruptive portfolio companies alongside Enhanced Games, ATAI, and Cambrian Bio.

Deployed on Safe {Wallet} platform in 2025 as one of 14 new networks receiving Smart Account standards integration.

Reached $2.98B in Total Value Locked (TVL) as of December 30, 2025.

Recorded $50 million in inflows over a 24-hour period ending around December 30, 2025.

Achieved +22.25% price gain during the week ending December 29, 2025, ranking 4th among top weekly gainers tracked by CoinMarketCap.

Achieved 28% transaction growth over the 7-day period ending December 29, 2025, ranking second among major chains tracked.

TGE described as "terrible" example of high-FDV, low-float launches that are difficult proxies for betting on RWA and tokenization growth.

Has a market capitalization of $224 million.

Conducted an ICO at $500M FDV with institutional parity, offering retail investors the same valuation as Peter Thiel's Founders Fund, and enforcing alignment via forced mainnet bridging.

Nominated for "Best In Stablecoins" award by The Rollup, with winner announcement scheduled for December 30th, 2025.

Unlocks 88.89M tokens on December 25, 2025, representing 4.52% of total supply.

wstUSR market cap on Plasma increased close to 100% over the past month.

Gearbox Protocol deployed to plasma as part of its expansion to 25+ EVM chains in 2025.

Fluid protocol offers 5-10% APY for stablecoin lending on the chain, accessible via Jupiter Lend.

Team opens full-time Research Engineer position in London. Multiple tweets accuse team of paying influencers for promotional posts and manipulating token price downward.

PT-sUSDai Pendle pool launches on PLASMA with 13.81% yield, March 19 expiration, and Euler looping capability.

Token hits fresh all-time low after 92% decline over 2.5 months.

Stablecoins on the platform are worth 7X more than the chain that secures them.

Pendle Finance launches new liquidity pools for sUSDe and USDe assets under the PLASMA tag, expiring April 9, 2026.

Liquidity providers in Penpie pools indexed on Merkl earn ongoing WXPL rewards up to 4.6% APR alongside boosted PENDLE yields and loyalty points. (ID: 2000146188318736861)

Combined market cap of XPL + MON + STABLE is approximately $1bn compared to XPL's $1.3bn market cap before October 10th, showing capital fragmentation across the ecosystem. Upcoming token generation events for FOGO and MEGAETH expected soon, representing additional dilution events for the ecosystem.

Large holder exits entire $XPL position at mid-seven figure loss (-85% from entry). Team allegedly distances from token discussion in communications and treats token holders negatively in official Telegram and Discord channels.

50% of the token supply allocated to team and investors remains locked and has not yet unlocked, representing future selling pressure.

Community members publicly discuss pursuing a class action lawsuit, with direct inquiries to crypto lawyers about organizing legal action against the project.

$XPL hits new all-time lows with token down 90-99% from launch and on-chain activity declines to 0.2 transactions per second. Maple assets on Aave reach $600M+ in total deposits across Ethereum and Plasma in under two months.

USDT on Plasma goes live on Mudrex trading platform.

The project is hiring for Associate General Counsel (US remote) and Research Engineer (London) positions. XPL token is down 82% since October 10th.

Pendle adds new Plasma pools for sUSDe and USDe with April 2026 maturity as part of Plasma Parade campaign with XPL rewards, and Pendle YT Plasma USD Vault reports $88,110 TVL with 275% APR.

Equilibria integration enables vePENDLE boosted yields for PlasmaUSD positions with additional WXPL rewards claimable through Merkl.

Plasma becomes 2nd largest Aave instance despite 95% incentive reduction and fastest growing top 10 chain by TVL in the last month, with Daylight pre-deposit vault launching soon.

Masspay, a payment service provider processing over $10B annually, completes its first-ever chain-level integration with Plasma for merchant payment rails, yield, and USDT stablecoin liquidity.

Tether's gold-backed token XAUT market cap increased 269.4% in the past month on Plasma.

Maple Finance integrates with Plasma and Aave.

Over 30 exchanges now support USDT deposits and withdrawals on Plasma network. Tether invested $50,000 into Plasma according to community discussion.

Kraken exchange adds USDT support on Plasma network for deposits and withdrawals.

Trading promotion launches with 4,270,000 XPL token vouchers available. Plasma pools add new maturities for sUSDe and USDe expiring April 9, 2026.

USDT on Plasma goes live on Paribu exchange.

DayFi Pre-Deposits open Dec 16 at 1:00 PM UTC with $50M cap and 2-month lock-up, deploying vault deposits to Plasma with K3 Capital managing diversified yield strategy.

Plasma and Stable crashed, discussed in analysis alongside Tempo testnet launch. (1998500569917411799)

Ranks #6 on LunarCrush AltRank for social momentum and market strength.

Loopers earn near 30% APR on USDai loops via Euler Finance.

Daylight Energy launches with a Sky Ecosystem USDS deposit vault.

DayFi launches on Plasma network. (1998419198545121368)

Active yield farming opportunities include USDT/USDT0 via Morpho on Ethereum and USDai via Euler Finance and Pendle on Arbitrum and Plasma networks.

XPL trades down 90% from all-time high. STABLE competitor launch experiences poor token emissions.

XPL trades at ~$1.6B valuation while experiencing significant negative price performance causing widespread trader losses. Competitor STABLE token trades at ~$1.9B with similar tokenomics but without retail sell pressure.

Plasma partners with Bridge to enhance payment infrastructure. Backpack wallet adds support for USDT transfers on Plasma.

Yuzu Money users can deposit yzUSD and syzUSD via Plasma on Pendle/Penpie to earn boosted PENDLE yields, WXPL rewards, and up to 10x Yuzu Points.

Aave DAO votes to expand Maple Finance's $syrupUSDT to Plasma, starting with the Core Instance to meet strong demand.

XPL lists on Mercado Bitcoin exchange in Brazil. USDT deposits and withdrawals go live on Plasma.

DEX volumes on Plasma total $14M.

The XPL token hits new price lows.

Plasma announces partnership with Bridge, a stablecoin platform.

Penpie pools listed on Merkl distribute daily $WXPL rewards offering liquidity providers up to ~9% APR, stackable with boosted $PENDLE yields and Penpie loyalty points.

Maple's syrupUSDT filled its initial deposit caps at speed on Plasma and is now live on Aave mainnet, allowing institutions to borrow against the yield-bearing USDT variant.

USDT is now live on BasalPay App. Plasma One is announced as a consumer front-end interface for Aave-based DeFi.

Tron increases its L1 fees with Plasma identified as one of the competitive threats to Tron's Tether monopoly alongside Tempo and Arc.

Stablecoin yield farming through Gearbox Protocol delivers 50% APR on PT-syrupUSDT/USDT0, 38% APR on syrupUSDT/USDT0, and 30% APR on PT-sUSDe/USDT0.

ebUSD from Ebisu Finance is live on Stargate, enabling cross-chain transfers between Ethereum and Plasma.

Maple Finance launched on Aave on Plasma with 13M syrupUSDT deposit capacity available.

XPL now supported on Mudrex exchange (India) and USDT deposits/withdrawals are live on Plasma. Over $150m capacity remains for PT-sUSDe offering 25% APY on stables.

Token unlock on December 25th amounts to $18.69M (4.52% of released supply).

PlasmaUSD integration with Equilibria offers vePENDLE boosted yields with WXPL rewards claimable on Merkl. USDT founder invested $50k as one of several investors but does not own or operate the project.

Pi Squared founder Grigore Rosu states he is not excited for payment chains like Plasma and claims blockchains are not needed for payments at all.

Chain TVL down 50% in past two weeks. XPL and PUMP are the only coins down on the day while broader market is up.

First token unlock scheduled for December 25th. XPL token down 90% over past 2 months.

Term USDT0 Meta Vault on Pendle offers tmvUSDT0 YT holders Term points stacking on top of XPL incentives.

USDT is now live on Plasma via AliXPayGlobal.

Plasma One launches soon as an app-first chain approach, grouped alongside Hyperliquid and Near Intents as examples of chains building their own revenue-driving applications.

Plasma participates as a partner in #CryptoGivingTuesday crypto philanthropy initiative.

XPL trading goes live on Coinbase with full functionality now active on Coinbase.com and the Coinbase app for buying, selling, converting, sending, receiving, and storing.

Plasma hosts a Pendle yield farming pool (PT-mHYPER) offering 18.26% APY until January 29, loopable on Euler.

AnomaPay, a privacy-focused payment system for stablecoins, partners with Plasma and Noble.

Coinbase lists XPL with spot trading for the XPL-USD pair starting December 2, 2025 at 9AM PT, subject to liquidity conditions being met.

Price hits new all-time lows, trading below ICO price with -90% decline from recent highs.

Plasma raised $75 million in funding, and a $16M token unlock is scheduled for December 25.

$XPL is cited as a cautionary example of a coin where price reversals did not happen after the initial retrace, indicating sustained underperformance without recovery.

A trader allocates into XPL as an infrastructure play focused on stables, positioning for retail and fund rotation when altcoins show strength.

Plasma ranks 5th highest in bridge net inflows over past 7 days, but TVL drops as $84M remains undeployed on chain.

Hayes starts controversy around low float high FDV distribution model.

$XPL pumped 2x within days of TGE launch before retracing almost instantly back to TGE price levels.

Plasma completed an auction that demonstrated demand for this token distribution format, referenced as a successful example compared to upcoming competitor auctions.

Stablecoin market cap plunges 70% in 30 days as TVL declines 33% to $7B and market cap drops to $397M.

INFINIT V2 integrates with Plasma as part of its latest platform features.

88.9M token unlock completed with larger unlock cliffs scheduled into mid-2026. $XPL trades at $0.22 (down 87% from $1.68 ATH) as TVL falls 35%, daily active addresses drop 90%, and transactions decline 75%.

syzUSD and yzUSD from Yuzu Money integrate with Equilibria protocol, offering vePENDLE boosted APY, $WXPL rewards from Merkl, and Yuzu Points for depositors.

USDT goes live on Mobee platform with Plasma integration.

XPL gets listed on Brazilian exchange Foxbit.

Stablecoin liquidity exits the Plasma network post-TGE.

Plasma launches Learn Center educational platform.

syrupUSDT integration with Aave on Plasma sees large growth, and syrupUSDC listing on Aave is primed to enable leveraged looping.

XPL pumps 25% and reaches resistance level.

Rainbow app now supports bridging to Plasma network directly from the wallet interface.