Key highlights: Plasma (XPL) climbed 13% over the past 24 hours, extending a bullish trend that began after a market structure shift on June 17. Open interest increased 10% to $153 million as traders reacted to the rollout of Plasma One and growing adoption of the network’s stablecoin ecosystem. Technical indicators point to $0.1233 as […]
Tag: XPL
By Emir Abyazov Bitcoin Forecasts and macroeconomic drivers BitMEX co-founder and Maelstrom investment director Arthur Hayes dismissed Bitcoin’s four-year cycle theory, predicting it will rise to $200,000 thanks to macro liquidity. Meanwhile, crypto skeptic Peter Schiff warned of the asset’s loss of momentum and gold’s relative advantage. BitMine CEO Tom Lee, by contrast, believes that […]
By Marco Piccolo Key highlights: Plasma mainnet beta launches on September 25 with $2 billion in active stablecoin liquidity and over 100 DeFi integrations. Native token XPL will debut with broad community distribution and a fully diluted valuation nearing $7 billion. Zero-fee USDT transfers and a new consensus mechanism, PlasmaBFT, aim to position Plasma as […]