The Plasma (XPL) current price is approximately $0.125 USD, with a market capitalization of around $260 million as of January 24, 2026. It is a cryptocurrency, not a stock, and serves as the native token for the Plasma Layer 1 blockchain, which focuses on stablecoin payments.
Key Insights
Recent Performance: XPL has experienced a modest rebound of around 1.99% over the last 24 hours, driven by a new integration with NEAR Intents and technical indicators showing it was oversold. However, the token is down significantly over the last 90 days, a decline of about 68%.
Functionality: Plasma is designed to be a high-throughput blockchain optimized for stablecoin transfers, offering features like zero-fee USDT transfers for basic operations. The XPL token is used for network security via staking, governance, and gas fees for more complex smart contract interactions.
Outlook & Risks: The token's future trajectory is a "tug-of-war" between growing utility and a significant supply unlock scheduled for July 28, 2026, when 2.5 billion tokens allocated to team and investors will start vesting. This unlock represents a potential source of selling pressure that may require substantial ecosystem growth to counterbalance.
Financial Snapshot
Metric Value
Price (USD) $0.125
24h Change +1.36%
Market Cap $264.13M
24h Trading Volume $60.42M
Circulating Supply 1.80B XPL
Total Supply 10B XPL
All-Time High $1.69 (Sept 27, 2025)
You can purchase XPL on major cryptocurrency exchanges such as Binance, Bybit, and Kraken.