Plasma is an EVM-compatible L1 optimized for stablecoins: Zero-fee USDT transfers via Paymaster (sponsors gas), sub-second finality with PlasmaBFT consensus, 1000+ TPS. Key features: Bitcoin bridge, custom gas tokens, DeFi integrations (100+ protocols like Pendle for yields).339101 TVL: $3.4B+ (2nd largest on-chain lending market), stablecoin cap $1.9B.55df6d Backed by $75.8M funding (Peter Thiel, Founders Fund); team from Google/FB. Recent updates: NEAR intents for cross-chain liquidity, Visa support, pBTC bridge.285075 Competitors: Base, Optimism, but Plasma's stablecoin focus differentiates.
"XPL/USDT Update: At $0.1032 (+3.51% 24h), Plasma shows signs of rebound amid high volume (113M XPL). Despite 94% drop from $1.69 ATH, fundamentals shine: Zero-fee USDT via Paymaster, 3.4B TVL, PlasmaBFT for <1s blocks & 1000+ TPS. Integrations like Pendle/NEAR boost DeFi; strong backing from Thiel/Funders. Tech: Below MAs but oversold—watch $0.098 support, $0.115 resistance. Long-term: 2026 targets $0.15-0.25 on adoption. Bearish risks from unlocks, but payment revolution ahead! #XPL #Plasma #Crypto #BinanceSquare"
