$XPL As of February 9, 2026, Plasma (XPL) is navigating a complex recovery phase following a significant January shakeout.
Current Market Context
Price Action: XPL is currently trading around $0.12–$0.13 (roughly ₱6.30), showing signs of stabilization after dropping to a critical support level of $0.11.
Trend: Short-term sentiment remains bearish-to-neutral. While the market is in "Extreme Fear," heavy trading volume during the dip suggests "smart money" accumulation is offsetting panic selling.
Key Catalysts: The network recently integrated with NEAR Intents for cross-chain stablecoin settlements, which has bolstered its utility case as a Layer-1 purpose-built for payments.
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