$XPL — what actually shifted today isn’t price or noise, it’s usage.
USDT0 on Plasma is now around 187,095 holders with roughly $1.33B in on-chain value. That’s a measurable footprint, not a launch headline.
Plasma is staying focused on a single function: efficient stablecoin movement. Fast settlement, low cost, full EVM compatibility, sub-second finality, and a stablecoin-first user experience that feels closer to gasless payments than traditional crypto flows.
If this holder count continues to expand, the next 30 to 90 days start to matter. More integrations come online, payment activity increases, and the network begins to behave like infrastructure rather than a story.
What I’m tracking next is wallet support, fiat on-ramps, and payment rails. That’s usually where the real “something changed today” signal shows up.