@Plasma is being priced like “BTC on EVM = trustless by default.” I don’t buy it. The control-plane is pBTC mint/burn gated by Verifier Network attestations and quorum MPC/TSS signatures, even if supply is unified via LayerZero OFT. That buys programmability, but preserves an emergency lever at launch. If attestations stay concentrated or burns queue during volatility, the anchor story breaks. So I track top-5 signer share, burn-to-BTC latency, and breaker hits before trusting pBTC. $XPL #Plasma

XPL

0.0982

+11.21%