#plasma $XPL
Why is everyone suddenly talking about Plasma liquidity?
Most people are watching the price move around $0.10.
I’m watching something else.
On-chain data shows Plasma’s total value locked sitting around $6.8 billion. That’s not narrative, that’s capital currently positioned in the ecosystem according to public DeFi dashboards.
The more important shift isn’t hype. It’s infrastructure changes.
USDT transfers on Plasma now use a paymaster model that removes direct gas fees for users, which changes the operational friction profile of stablecoin movement. For payment flows and treasury activity, cost predictability matters more than raw TPS.
There’s also growing focus on staking mechanics and validator participation, which signals the network moving from early infrastructure build-out toward longer-term security and incentive design.
About the recent price dip: volatility tends to rotate out short-term capital. What remains on any network during quieter periods is typically activity tied to actual usage, DeFi positions, treasury allocations, and infrastructure integrations.
@Plasma is positioning less as a speculative execution layer and more as stablecoin settlement infrastructure. The difference between those two models is production usage versus experimental activity.
That shift is what people are starting to notice.