Crypto Bits
XPL Sees a 14% Drop Following Recent Surge: What Lies Ahead for Plasma?
After a notable increase, Plasma's XPL token has retreated by 14% to a pivotal support level of $0.75. Market indicators suggest potential shifts ahead.
Blockchain
Pendle Sees Impressive $318 Million Growth in TVL Within Four Days of Plasma Launch
Pendle Finance achieves a remarkable $318 million in Total Value Locked shortly after launching on the Plasma blockchain, signifying its rapid growth and demand.
Crypto News
Plasma's CEO Dismisses Rumors of XPL Token Sales
Plasma CEO Paul Faecks has affirmed that no team members have liquidated their XPL allocations amidst rumors of insider sales following the token's launch.
Crypto
Maple Finance Expands Its Offerings with Tether-Backed Plasma
Maple Finance launches syrupUSDT on Plasma, targeting $5B in assets by the end of the year.
Crypto
XPL Futures on Hyperliquid Experience $130 Million Liquidation Before Plasma Token Launch
The Hyperliquid exchange witnessed a dramatic decline in open interest for XPL futures as a price surge triggered mass liquidations.
Crypto
Plasma's $250 Million USDT Yield Program on Binance Closes Within an Hour
Plasma's new yield program on Binance successfully secured $250 million in deposits within just one hour, attracting substantial investor interest.
Crypto
Plasma's Stablecoin Network Hits $1B Deposit Cap in Just 30 Minutes
Plasma's recent cap increase to $1 billion was quickly reached as the community pushes for fair participation amidst rapid sellout concerns.
Finance
Plasma's Token Launch Draws $500 Million, Highlighting Demand for Stablecoins
The successful token offering indicates a strong investor interest in stablecoins following a recent major IPO by Circle.
Blockchain
Plasma Launches HotStuff-Inspired Consensus for Swift Global Stablecoin Transfers
Plasma's blockchain aims to facilitate high-frequency global stablecoin transactions through an innovative consensus mechanism.
Crypto
Plasma Secures $20 Million to Build Bitcoin Network for Stablecoins
Plasma, a startup backed by Peter Thiel, has raised significant funding to develop a Bitcoin-based system for stablecoin transactions, aiming for zero-fee USDT transfers.
Crypto
Plasma's Paul Faecks Responds to Claims of Token Dumping as XPL Crashes
Paul Faecks, the founder of Plasma, refutes accusations concerning insider trading after a significant drop in the XPL token's value, asserting that no team tokens have been sold.
