Plasma is starting to turn heads again after an impressive recovery from its recent lows. The XPL price has climbed back above the $1 mark, showing clear signs that accumulation might already be underway.
For traders watching the stablecoin infrastructure narrative closely, XPL is becoming a name worth paying attention to.
Why XPL Is Gaining Attention
Crypto analyst Finish put it simply: while many traders were happily buying XPL around $1.60, the smart money has been waiting to load up around $0.45. His reasoning isn’t just about price action; it’s about what XPL represents. He calls it “the one single token you can buy to bet on the future of stablecoins.”
The excitement is building because of several key developments. Tether, the world’s biggest stablecoin issuer, is reportedly raising funds at a record valuation, and Plasma’s own Plasma One platform is capturing a massive share of on-chain volume.
Add to that native USDT integration backed directly by Tether, and suddenly XPL looks like a serious contender for the next big stablecoin ecosystem.
What’s even more interesting is where this adoption is happening. South America, Africa, and Turkey are all seeing growing stablecoin usage through Plasma’s payment infrastructure. These are regions where crypto is used daily, not just traded, which gives XPL real-world utility.
You were happily buying $XPL at $1.6, I will buy at $0.45
— Finish
Still, the one single token you can buy to bet on the future of stablecoins
potential catalysts:
– Tether raising at a new astonishing valuation
– Plasma One is capturing a massive amount of volume and market share
-… https://t.co/40TQqNDmxwpic.twitter.com/EOCTRKGrpO(@0xFinish) October 15, 2025
Finish also pointed out another potential tailwind: if Bitcoin and Ethereum prices continue to rise, it will expand stablecoin supply and liquidity across the market.
That, in turn, could push Plasma’s total value locked (TVL) and transaction volumes even higher. He notes that Plasma is already on pace for $1 trillion in yearly transaction volume, a number that puts it on par with established giants like Tron in its early expansion days.
What the XPL Chart Is Showing
If you look at the chart, the Plasma price has gone through a textbook reset and rebound. Having fallen from $1.60 to around $0.25, the token found strong support and began to recover gradually. Now, it’s probing the $1.10–$1.15 resistance zone, a significant area that had acted as support before the crash.
If bulls can reclaim this level, there’s a clear path toward $1.44 and possibly even $1.69, which were key resistance points during the last rally. On the flip side, the $0.82–$0.83 range is the nearest major support, with deeper liquidity sitting around $0.68 and $0.45. Those levels have historically been strong accumulation zones for larger players.
The structure overall still looks constructive. XPL price has been producing higher lows, meaning that buyers are getting in earlier with each fall. If the trendline holds, momentum can accelerate quickly, especially once liquidity returns to the market.
The Bigger Picture
At this point, it’s not just about short-term price moves; it’s about positioning. Finish’s analysis suggests that XPL’s fundamentals are aligning with its technical setup.
Between Tether’s backing, Plasma’s surging market share, and the global expansion of stablecoin payments, the long-term case for XPL looks stronger than ever.
If XPL price manages to hold above $0.82 and flip $1.15 into solid support, a breakout toward $1.60 could come sooner than most expect.
Analysts are already comparing its potential to TRON’s early growth, a network that started with stablecoin utility and evolved into a global payments giant.
In short, XPL might just be setting up for its TRON moment. The pieces are falling into place. Now, it’s a matter of when the market catches up.