#plasma $XRP XPL Token – Current Price Context

Latest price data from crypto market trackers shows that XPL is trading near historic lows after a strong launch. According to recent listings: XPL is priced around $0.094–$0.10 per token, with circulating supply around 1.8 billion and total supply 10 billion. It’s down about 94% from its all-time high (~$1.68 in late September 2025). �

CoinMarketCap +1

Market cap is approximately $170 million–$200 million. �

CoinMarketCap

What Happened Since Launch (Brief Summary)

XPL debuted in late September 2025 with a high initial price and large market cap, partly driven by hype around Plasma’s tech and stablecoin focus. �

CoinDesk

Since then, the token lost most of its value as early excitement faded and trading volume declined. �

CoinDesk

Network activity has been lower than original throughput claims, and on-chain use outside of a stablecoin vault has been limited so far. �

CoinDesk

Technical Factors Driving the Price

Bearish (Downward) Forces

Price broke below key short-term support levels and momentum indicators have leaned negative. �

CoinMarketCap

Liquidity and trading volume have decreased compared to earlier periods, showing weaker buying pressure. �

CoinMarketCap

Token unlocks from early allocations increase circulating supply, which can add selling pressure. �

CoinMarketCap

Potential Bullish (Positive) Developments

Recent integration with NEAR Intents cross-chain swaps could improve utility by allowing stablecoin movements across many blockchains. �

CoinMarketCap

DeFi integrations such as yield platforms on Plasma may increase demand if adoption grows. �#Plasma