Why does this matter to you? Well if you are holding $XPL, then the upcoming unclocks you can’t ignore.
@Plasma has been one of the most talked-about projects in late 2025.
It's a:
• L1 blockchain specially designed for stablecoin payments,
• Txn settles within a second,
• Build on Bitcoin security,
• Zero Transaction fee for USDT transfer,
• fully EVM compatible,
• backed by industry leaders like Tether, Bitfinex and many more.
• raised $50 million via public sales, at a $500 million valuation,
• diluted 1 billion XPL (10% of total supply),
• witnessed $2 billion in deposits on the day 1,
• token price surged to $1.6 at its peak, and
• early investors made 32x return on their initial investments.
Although the price dropped over 90% after six weeks of launch.
Currently:
• Price: $0.12 (down over 90% from peak)
• TVL: $3.26 billion (down from $6.35 billion)
• Daily transactions: About 40,000 USDT transactions
• Total revenue: $295k daily
Now, major unlocks are waiting ahead in 2026:
• 88.9M plasma monthly for the ecosystem +
• 883M plasma for the team (one-time in September, ⅓ of total allocation), then 69.5M XPL monthly +
• 833M plasma for investors (one-time in September, ⅓ of total allocation), then 2.38M $XPL monthly +
• 500M XPL (5%) annual inflation
Meaning total unlocks this year would be:
88.9M × 12 + 883M + 69.5M × 3 + 883M + 2.38M × 3 + 500M
= ~3.55 billion plasma
This means supply will be more than doubled by the end of the year. and it will create a huge selling pressure especially when it doesn’t generate enough revenue.
rn, it generates around $295k daily revenue which will allow it to burn ~700M plasma tokens annually at current price.
But it will need at least 5x more revenue to counter the selling pressure.
and for that, it needs:
• Real payment adoption (millions of daily transactions)
• Staking to lock up 40-50% of supply
• DeFi apps that require holding XPL
• Partner integrations creating real utility
• Higher transaction fees (but this contradicts their value proposition with zero fee on USDT transfer)
IMO, I don’t think the plasma price will go much higher in the next 1–2 years until major events are triggered.
However, the opportunity is huge and the fundamentals are strong. It just needs to offset token selling pressure and generate sustainable fees. #Plasma
