When I saw Plasma (XPL) surge 15% in 24 hours, I suddenly realized: some projects continue to work quietly while the market hasn't reacted yet.
From the bottom in December at $0.11 to now $0.17, an increase of 60%. But what really matters to me is not the price, but the data:
📊 Ecosystem growth is real • USDT supported exchanges: 30+ (8 new in December) • Daily trading volume: 5k → 40k trades • Stablecoin market cap: $2.1B • Plasma Card daily trading volume: $10k+
💰 Investors are still underwater Framework Ventures led a $20M investment, with a valuation of $500M—higher than the current market cap of $300M. Their co-founder said "Plasma will succeed in 2026", and this persistence makes me find it a bit interesting.
📈 Technical indicators are relatively healthy RSI 53, not overbought yet. Target $0.20, after breaking through look for $0.30. Support at $0.15, if it breaks below it's done for.
This is not a call to action, just a feeling: truly useful things will eventually be recognized.
Disclaimer: This does not constitute investment advice, DYOR