In the beginning, the massive investment of 72 million dollars coupled with Tether's support lifted the price of the currency to a peak. The capital's big hand was indeed vigorous; back when it launched, it surged violently right from the start, and the airdrops left people satisfied. However, after the initial days of excitement, most people took profits and did not become true users of the currency. A few months later, the attention on the currency also dropped to freezing point, and the price fell through. So, is there still a possibility for the capital's big hand to lift it again? Let's give it another push with plasma!
1. Direction of institutional capital flows
@Plasma As a stablecoin public chain supported by Tether, the core narrative is naturally built around Tether's stablecoin, so any movements related to Tether need our attention. On-chain data indicates that Tether's treasury address transferred nearly $1.8 billion to plasma-related protocols in the fourth quarter of 2025, but there have been no major actions in 2026. Generally speaking, large-scale capital flows from Tether are usually accompanied by price increases. Next, we also need to pay attention to whether Tether continues to inject liquidity into plasma.
The token lock-up period for early investors will expire in October 2026, at which point 2.5 billion $XPL tokens will be unlocked. Generally speaking, investment institutions will start accumulating to hedge against selling pressure one or two months before the lock-up expires. We also need to pay close attention to these investors' actions to see whether they will withdraw their investments or hold firmly. We need to closely watch September and October 2026 to see if these investment institutions will start injecting funds to raise the token price. If capital re-enters to support plasma, the token price may show signs of recovery.
2. Technical support for capital
Tether has listed plasma as the preferred settlement chain for USDT, which undoubtedly brings a huge traffic entrance to plasma and promotes plasma to become part of the stablecoin issuance standard. At the same time, the support from Tether's CEO makes it relatively easier for plasma to attract talent and has opened up the exemption for a stablecoin-specific chain in the U.S. through political lobbying.
The developer ecosystem Framework provides support for the adaptation of Ethereum ecological toolchains, allowing developers to migrate painlessly to the plasma ecosystem and assists plasma in obtaining the Hong Kong VASP license, facilitating legal fiat inflow and outflow channels.
Bitfinex helps plasma achieve rapid anchoring from BTC to plasma in 15 minutes through a cross-chain relay network...
All of the above, along with unmentioned capital forces, provide a moat for plasma. The systemic layout effect of top-tier capital is beginning to take effect. You may not believe in the plasma project's team, but you should believe in the vision and real financial support of capital. In the future, we need to observe whether this capital will continue to provide support for plasma. Only with the push of capital does plasma have the potential to become a foundational financial infrastructure in the future stablecoin market.
Summary:
Capital will never stop pursuing profits. Whether capital will lead #plasma into battle again is worth our attention, especially the large token unlocking window in October this year. If capital continues to support project advancement and real funds keep pouring in, then #plasma may be worth laying out.