XPL Token launched on Gate Launchpad, skyrocketing 126% at opening! Latest market analysis on September 30.

Plasma (XPL) is not an ordinary Token project, but a high-performance Layer 1 Blockchain platform specifically designed for stablecoins.

With the mainnet about to launch, Plasma shows several core advantages, which also form the foundation of its long-term value.

The network enables zero-fee USDT transfers, providing users with a seamless payment experience.

At the same time, it also has a confidential transaction feature to enhance privacy protection and supports custom Gas tokens to improve flexibility. These features together address the scalability and cost issues faced by today’s stablecoin infrastructure.

The Plasma network has gained collaborative support from several important DeFi protocols, including Aave and Euler.

The official plan is to inject over 2 billion dollars in asset liquidity during the launch phase, which will lay a solid foundation for network security and Token value.

01 Subscription Boom: Launchpad Mechanism and Market Performance

Gate Launchpad, as an innovative token issuance platform launched by Gate Exchange, is specifically designed to provide investors with early investment opportunities in high-quality projects.

The 4th phase Plasma (XPL) subscription event will take place from September 23, 2025, 21:30 to September 25, 18:00 (UTC+8), with a subscription price of 1 XPL = 0.35 GUSD and a total supply of 3,000,000 XPL.

To participate in the subscription, you must reach the corresponding trading volume level within the specified time.

• Level 1: Trading volume ≥ $120,000, maximum subscription of 3,000 XPL
• Level 2: Trading volume ≥ $1,000,000, maximum subscription of 15,000 XPL
• Level 3: Trading volume ≥ $3,000,000, maximum subscription of 30,000 XPL

The XPL Token will officially launch spot trading on September 25, 2025, at 21:00 (UTC+8 with the trading pair XPL/USDT.

According to market data, XPL opened at 0.7937 USD, compared to the subscription price of 0.35 USD, with a maximum yield of 126.77%.

02 Market Performance: Latest Market Analysis as of September 30

As of the latest market data on September 30, 2025, XPL )Plasma( has experienced a pullback against the backdrop of adjustments in the overall cryptocurrency market.

The current price is 1.04 dollars, with a decrease of -15.42%, and the highest price in the last 24 hours reached 1.42 dollars.

Despite the poor performance on the day, XPL still shows strong bullish momentum from a technical analysis perspective, forming higher lows.

The short-term key resistance level is at 1.42 dollars, and the support level is at 1.30 dollars. If it can break through the 1.42 dollar resistance, the next target level may be above 1.50 dollars.

Currently, the market value of XPL is $2,236,670,317.71. Although SushiSwap has recently integrated into the Plasma Blockchain, this positive news did not prevent the price from falling that day, as the market may be cautious about the rapid expansion of the Plasma ecosystem.

03 Participation Guide: How to Obtain XPL on Gate

For users who want to invest in XPL, you can currently purchase it on the Gate platform through the following simple steps:

• Register and complete verification: Register an account on the Gate platform and complete KYC real-name authentication.
• Deposit funds: Recharge your Gate account with USDT or other supported Tokens.
• Enter spot trading: Find the XPL/USDT trading pair on the trading interface.
• Place an order to buy: Purchase XPL using a limit order or a market order based on market conditions.
• Secure Storage: After purchase, XPL can be kept in your Gate account or transferred to a personal wallet that supports XPL for increased security.

For users who intend to participate in the subscription of new projects on the Gate Launchpad in the future, it is necessary to prepare GUSD in advance and meet the corresponding trading volume requirements in order to participate in the early investment of quality projects at the earliest opportunity.

04 Risks and Opportunities: A Rational Perspective on XPL Investment

Any cryptocurrency investment comes with risks and opportunities, and XPL is no exception. Investors should fully understand the potential risks and make rational decisions.

) price volatility

New tokens typically experience significant price fluctuations after their launch. XPL rose from an opening price of $0.7937 to $1.42 and then retraced to $1.04 on September 30, showing a huge fluctuation.

liquidity risk

Although XPL has been traded on the spot market, insufficient liquidity may affect the Token's instant cashing ability, especially during periods of market volatility.

Technical and Compliance Challenges

The Plasma project is still in development, and the risks of technological implementation and compliance cannot be ignored. Investors should closely monitor the project's technological progress and regulatory developments.

Market Competitive Pressure

As more Layer 1 blockchains focus on the stablecoin space, the market competition faced by Plasma will become increasingly fierce, which may affect its long-term development potential.

05 Conclusion

Plasma ###XPL(, as the 4th project of Gate Launchpad, positions itself with its high-performance Blockchain designed specifically for stablecoins and innovative features, bringing new investment opportunities to investors.

Despite the pullback on September 30, XPL still maintains strong bullish momentum from a technical analysis perspective.

For investors optimistic about the future of stablecoin infrastructure, XPL represents a project that combines technological innovation and application prospects.

Investors should closely monitor market dynamics, manage risks appropriately, and make rational investment decisions when participating.

Future Outlook

According to the latest market data on September 30, the current price of XPL is $1.04, down 11.42% from the previous day, but still well above the Launchpad subscription price of $0.35.

With the continuous expansion of the Plasma ecosystem and the addition of more partners, the long-term performance of XPL is worth paying attention to.