Riset Coin Plasma (XPL) Ing 27 September 2025

TL;DR

• Gagasan: Plasma iku blockchain Layer 1 fokus ing stablecoin sing ndhukung transfer USDT tanpa biaya karo finalitas ing ngisor sedetik.
• Katapel: Beta mainnet diluncurake tanggal 2025-09-25 karo TVL $2B, listing ing bursa utama, lan integrasi karo luwih saka 100 protokol DeFi.
• Risiko: Ngalami kompetisi Layer 1 sing ketat, pengawasan regulasi babagan stablecoin, FDV lan inflasi awal sing dhuwur, lan potensi sentralisasi saka dhukungan VC.
• Skor: 8.00/ 10

Koin

• Jeneng/ Ticker: Plasma (XPL)
• Segmen: Blockchain Layer 1
• Status: aktif
• Rega: $1.230000

Metrik Kunci

• Kap Pasar: $2 273 574 267
• FDV: $12 310 242 438
• Pasokan Sirkulasi: 1 846 896 418
• Pasokan Total: 10 000 000 000
• Inflasi: 5.00%

Sumber

1. https://www.coingecko.com/en/coins/plasma/usd
2. https://coinmarketcap.com/currencies/plasma-xpl/
3. https://defillama.com/chain/plasma

Teknologi

• USP: Blockchain stabilcoin-native pisanan kanthi transfer USDT tanpa biaya lan throughput dhuwur liwat pipelined PlasmaBFT.
• Teknologi Inti: Lapisan konsensus PlasmaBFT sing dipipil kanggo finalitas ing ngisor sedetik, eksekusi Reth EVM adhedhasar Rust, jembatan Bitcoin trust-minimized.

Peta Jalan

• 2025-06-01: Babak dana ekosistem nglumpukake $75M
• 2025-07-01: Adol umum token XPL
• 2025-07-15: Peluncuran testnet karo PlasmaBFT lan klien Reth
• 2025-09-25: Peluncuran beta mainnet lan penerbitan token XPL
• 2025-12-01: Aktivasi jembatan Bitcoin silang rantai

Tim & Investor

Tim

• Co-founder & CEO — Paul Faecks: Sadurunge ngluncurake startup fintech Alloy ing 2021 lan kerja ing Deribit
• Co-founder & Lead Investor Relations — Christian Angermayer: Investor milyarder karo hubungan karo Tether lan Bitfinex
• CTO — Hans: Mantan CEO Layer1 Topl; MS lan PhD ing Ilmu Komputer saka Arizona State University

Investor

• Bitfinex — Seed • 2024-10-18 • $3.50M
• Framework Ventures — Seri A • 2025-02-13 • $24.00M
• Founders Fund — Strategis • 2025-05-01
• Paolo Ardoino — Seri A • 2025-02-13
• Peter Thiel — Seri A • 2025-02-13

Total pendanaan: $27.50M

Tokenomik

• Utilitas: XPL digunakake kanggo biaya transaksi, staking kanggo keamanan jaringan, tata kelola, lan insentif ekosistem.
• Vesting: Tim: cliff setaun banjur linear sajrone 2 taun; Investor: padha; Ekosistem: 8% nalika peluncuran banjur saben wulan sajrone 3 taun; Adol umum: sing non-AS ora dikunci nalika peluncuran, AS dikunci 12 sasi.

Kelebihan & Kekurangan

Kuwatan

• Transfer USDT tanpa biaya
• Finalitas sub-detik liwat PlasmaBFT
• Dukungan institusional lan VC sing kuwat
• Jembatan Bitcoin-secured trust-minimized
• Kompatibilitas EVM lengkap
• TVL $2B langsung nalika peluncuran
• Integrasi karo protokol DeFi utama

Kekurangan

• Kompetisi Layer 1 sing dhuwur
• Pengawasan regulasi tumrap stablecoin
• FDV dhuwur lan risiko pengenceran
• Prasangka sentralisasi saka investor gedhe
• Inflasi jaringan awal 5%
• Gantungake marang ekosistem stablecoin

Sinyal Pasar (7d)

• Tren TVL: stabil
• Tren volume CEX: mundhak
• Tren alamat aktif: mundhak

Skenario Rega (target: 2026-03-27)

• Bear: $0.800000 — Nganggep 0.65x rega saiki amarga pasar sing mudhun lan aliran stablecoin sing nyuda
• Base: $1.500000 — Nganggep pertumbuhan sedheng nganti 1.2x rega saiki didhukung dening peningkatan TVL bertahap
• Bull: $2.500000 — Nganggep 2x rega saiki amarga adopsi jembar lan keuntungan pangsa pasar

Cara Tuku & Nyimpen

CEX

• Binance
• OKX
• Kraken
• Coinbase
• HTX

DEX

• Uniswap
• SushiSwap
• Plasma DEX
• PancakeSwap
• OKX DEX

Panyimpenan

• MetaMask
• Ledger
• Trust Wallet
• Trezor
• Coinbase Wallet

Verdik

Plasma nyedhiyakake solusi menarik kanggo transfer stablecoin kanthi dukungan kuwat lan adopsi cepet, sanajan ngadhepi tantangan kompetitif lan regulasi.

Tautan Resmi

• Whitepaper
• Messari