Plasma (XPL) has stabilized at $0.127, successfully weathering the pressure of recent token unlocks. The protocol's strategy of becoming the "stablecoin-optimized L1" is paying off, with the Total Value Locked (TVL) holding firm at $3.3 billion. The launch of NEAR Intents on the Plasma network is a watershed moment for 2026. It enables "Chain Abstraction," where users can swap assets from any of the 25 supported chains directly into Plasma’s zero-fee environment with CEX-level pricing and execution.
Beyond technical bridges, real-world adoption is the primary driver for $XPL today. The Plasma One neobank is now live in 150 countries, offering 4% cashback in $XPL and 10%+ yields on-chain. This creates a powerful buy-pressure loop: as users spend USDT on their physical Visa cards, they earn $XPL, while merchants benefit from zero-fee settlements via ConfirmoPay. This transition from "DeFi farming" to "Daily Utility" is why $XPL remains a top-tier asset for those looking for the "Visa of Web3." #Plasma @Plasma