XPL, Plasma’s native token, is recovering from $0.079, trading around $0.084 on July 28 after a rebound from support. The protocol holds approximately $612.6 million in total value locked alongside $882.4 million in stablecoin liquidity, processing over 932,000 daily transactions. With a maximum supply of 10 billion XPL, only 2.69 billion currently circulate, but a major unlock of 1.67 billion tokens is scheduled for September 25, followed by 88.89 million tokens released monthly through September 2028. To reach $1 by 2030, the network would need sustained adoption, meaningful staking participation, and significantly higher fee generation than Plasma currently produces.
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