$XPL is up 20% today. Up 81% over the past 7 days.
Plasma is building a Bitcoin-native layer 2 using a UTXO-based execution environment — no EVM, no bridges, just BTC settled directly on-chain.
The thesis is simple: Bitcoin has the liquidity, but no programmability. Plasma builds that layer natively, without the trust assumptions of wrapped assets or cross-chain bridges.
Current price: 0.114 USD. All-time high: 1.68 USD. That is 93% below peak.
This is a narrative play on two converging trends: Bitcoin ecosystem expansion and the pushback against bridge-based interoperability.
81% in a week. Still 93% off ATH.
Follow for daily crypto alpha before it goes mainstream.