#Plasma @Plasma $XPL

Plasma (XPL) is currently trading around $0.10, down approximately $0.01 (-7.12%) today.

The token remains under selling pressure as the market shows cautious sentiment.

Timeframes: 1D | 5D | 1M | 6M | YTD | 1Y | 5Y

📉 XPL Token: Today’s Price Snapshot (USD)

As of February 4, 2026, XPL (Plasma) is trading near $0.0968, showing a slight decline compared to the previous close.

Daily High: ~$0.1046

Daily Low: ~$0.0926

This indicates moderate intraday volatility with no strong breakout.

🧾 Key Highlights

Current Price Range: ~$0.096 – $0.12 per token, according to multiple tracking platforms

Price in BDT: Approximately ৳15 – ৳20, based on recent exchange rates.

Compared to last week or last month, XPL has underperformed, even while the broader crypto market shows relatively better momentum.

📉 Reasons Behind the Price Decline

XPL is the native token of the Plasma blockchain, primarily used for:

Gas fees

Staking

Network security

However, recent price weakness can be attributed to several factors:

XPL is currently trading over 90% below its all-time high (~$1.68), which has negatively impacted investor confidence.

After the initial hype phase, strong real-world demand has not yet materialized, keeping selling pressure active.

Core utility features such as staking and expanded network use cases remain limited, with several functionalities planned for later in 2026.

📊 Today vs. Recent Performance

Today’s price action reflects a gradual downward trend over the week, combined with low trading volume.

While short-term fluctuations still occur, the long-term trend remains uncertain at this stage.

🔎 Investor Caution

Cryptocurrency markets are highly volatile—especially for mid-cap or emerging projects like XPL.

Before investing, consider the following:

✅ Price can continue to fluctuate even after major declines

✅ Without strong adoption and network usage, price stability is difficult

✅ Tokenomics and fut