cryptohunter130

The chart shows XPL/USDT perpetual contract with a descending triangle pattern forming after a strong uptrend.Behavior analysis of XPL token:
1. Price Movement:The token rose sharply from 0.1150 to 0.2140, showing bullish momentum driven by strong buying pressure.It then entered a consolidation phase, forming a descending triangle with lower highs and a horizontal support at ~0.1386.
2. Market Sentiment:Initial optimism (buyers dominating) shifted to uncertainty, as sellers are creating lower highs, indicating weakening bullish sentiment. The “S” marker near the resistance highlights a recent sell‑off, suggesting sellers are gaining control.
3. Pattern Implication: Descending triangles usually lead to a breakdown below support (0.1386), signaling further bearish behavior. A break above the upper trendline would invalidate the bearish setup and revive bullish behavior.
4. Volume Insight:24‑hour volume is 270.17 M XPL (≈38.20 M USDT), indicating active trading but no clear volume spike confirming a breakout/breakdown yet.
5. Behavioral Outlook: Expect bearish behavior if price breaches 0.1386, targeting 0.1100.- Watch for a bullish reversal if price surges past 0.2140 with high volume.
@Plasma $XPL #Plasma

Basal Pay now supports Plasma. @BasalPay_App powers USDT VND payments for Vietnam’s 12M+ visitors and ~$14B remittance market. Pay like a local, on Plasma. Basal Pay x Plasma Basal Pay lets visitors and workers pay like locals in Vietnam without a bank account. We are partnering with @Plasma to grow real stablecoin payments in Vietnam and across Southeast Asia by Enabling USDT VND conversionChanneling travel spend and remittances through stablecoins Making stablecoin payments faster and easier to accept This is another step toward stablecoin driven payments that work in the real world. We’re excited to announce our partnership with Bridge @Stablecoin to enhance the underlying payment infrastructure we are building for Plasma One and builders across our onchain ecosystem. Plasma mainnet beta went live alongside the XPL token. In just over a week, more than $7.25B of stablecoins sit on Plasma. The total value locked across our onchain DeFi ecosystem is over $5.25B. Plasma is now the 5th-largest chain by stablecoin liquidity and the 5th-largest by DeFi TVL (including borrows). Through our partnership with Binance Earn, we have also become one of the most widely distributed chains. Our onchain USDT yield product is now integrated into the world’s largest crypto exchange, which means more than 280 million Binance users can earn on their Plasma USDT via Aave’s lending rails.With premier partners already live, including Fluid, Euler, Ethena, and Pendle, and many more on the way, the future is bright on Plasma.
@Plasma #Plasma $XPL

Tangem Wallet now supports @Plasma Plasma is a blockchain purpose-built for stablecoin payments and global money movement.Update Tangem to add Plasma and manage $XPL and USDT from your hardware wallet.This has to be the best camouflage for my cold storage Tangem cards. Imagine someone breaking into your house looking for your cold storage devices and they only find this.
Cobo now supports Plasma.
As a leading custodian in APAC, coboglobal enables 500+ institutions to access Plasma's global USDT payment rails.
Enterprise payments, without the overhead.
Cobo now supports @Plasma USDT, allowing institutions to run stablecoin payments with low fees and predictable settlement.
MassPay now supports Plasma.
Connecting masspay_io's global merchant payout network to our infrastructure establishes Plasma USDT as the default rail for merchant payments in 200+ countries.
Axis adds resilient stablecoin yield to Plasma with USDx.People and businesses holding dollars on Plasma gain access to institutional grade arbitrage returns on the same rails that move their money.
@Plasma $XPL #Plasma