Gate News, April 3, according to Gate market data, as of the time of this release, XPL (Plasma) is trading at $0.12. As of the time of this report, it has increased by 11.34% in the past 24 hours, reaching a high of $0.17 and dropping to a low of $0.10. The 24-hour trading volume is $9.1528 million. Its current market cap is approximately $281 million. Plasma is a high-performance Layer 1 blockchain designed specifically for stablecoins. Plasma is committed to serving the stablecoin market that has already surpassed a total issuance of $275 billion and monthly transaction volumes in the tens of trillions of dollars. Its core advantages include: zero-fee USDT transfers, custom Gas tokens, and convenient crypto payments. At the same time, supported by outstanding throughput, it provides solid backing for global-level transaction circulation. This news does not constitute investment advice; investors should be mindful of market volatility.

This week, multiple tokens will undergo significant unlocks, including H, JUP, XPL, and others. Among them, H will unlock 105.36 million tokens on March 25, while JUP and XPL will also experience notable unlocks, with varying trading values and circulating supply percentages.

Gate News bot message, a whale has closed its $ETH long position, recording a loss of $900K after maintaining the position for 138 days. The whale continues to hold long positions in $SOL and $PUMP with 2x leverage, and $XPL with 3x leverage, currently showing an unrealized loss exceeding $5.16M.

Gate News Bot Message, February 26th, according to CoinMarketCap data, as of press time, XPL (Plasma) is trading at $0.10, up 17.39% in the past 24 hours, with a high of $0.11 and a low of $0.08. The 24-hour trading volume reached $134 million. The current market cap is approximately $186 million, an increase of $27.6 million from yesterday. Plasma is a high-performance Layer 1 blockchain designed specifically for stablecoins. From the ground up, it is built with stablecoin applications in mind, offering institutional-grade security to enable near-instant, fee-free payments. The network processes over 1,000 transactions per second, with a block time of less than 1 second. The platform supports more than 25 stablecoins and offers over 200 payment methods across more than 100 countries and regions worldwide.