{"id":315258,"date":"2025-10-19T05:39:13","date_gmt":"2025-10-19T05:39:13","guid":{"rendered":"https:\/\/www.europesays.com\/us\/315258\/"},"modified":"2025-10-19T05:39:13","modified_gmt":"2025-10-19T05:39:13","slug":"plasma-xpl-pumps-as-crypto-stablecoins-market-cap-hit-all-time-high-stop-shorting-the-market","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/315258\/","title":{"rendered":"Plasma XPL Pumps as Crypto Stablecoins Market Cap Hit All-Time High: Stop Shorting the Market"},"content":{"rendered":"\n

The stablecoin market just set a new record. The total value of dollar-pegged cryptocurrencies has climbed to about $307 billion, the highest on record, even as broader crypto prices remain uneven.<\/p>\n

Plasma (XPL), a new layer-1 network built for stablecoin payments, also caught attention.<\/p>\n

The token traded between $0.40 and $0.42 on strong volume, extending its recovery from last week\u2019s lows. The move adds weight to the growing market focus on \u201cstablecoin rails,\u201d a theme driving renewed inflows.<\/p>\n

DefiLlama data shows capitalization in stablecoins increasing by 5-6% over the last month, which is an indicator of a consistent supply of liquidity.<\/p>\n

(Source: DefiLlama)<\/p>\n

USDT is still the anchor of the industry, with an approximate circulating currency of $181-$182Bn Bn, and continues to record large daily trading volumes across exchanges.<\/p>\n

Top crypto analysts say this renewed expansion matters. A rising stablecoin float often comes before higher spot and derivatives trading activity, hinting that broader market momentum could be rebuilding.<\/p>\n

Analysts on X have linked<\/a> the trend to three main drivers heading into Q4 ETF inflows, expanding stablecoin supply, and expectations of easier monetary policy before year-end.<\/p>\n

Together, they form the strongest backdrop for on-chain liquidity seen in months.<\/p>\n

DISCOVER: 15+ Upcoming Coinbase Listings to Watch in 2025<\/a><\/strong><\/p>\n

A crypto analyst posted<\/a> the XPL\/USDT 4-hour chart, which shows signs that momentum may be shifting.<\/p>\n

After sliding for weeks from above $1.80, the token has now settled near $0.40 a level that has become strong support.<\/p>\n

A descending trendline from earlier highs has capped every rebound so far. But recent candles suggest that pressure is easing as XPL compresses inside a tightening wedge.<\/p>\n

(Source: X<\/a>)<\/p>\n

This pattern often appears before a reversal if buyers manage to break above resistance with strong volume.<\/p>\n

At around $0.4178, XPL sits close to that breakout point. The next resistance is near $0.45, while support remains firm between $0.36 and $0.40.<\/p>\n

Volatility has narrowed, and sellers appear to be losing momentum, a sign that some traders may be accumulating at the lower band.<\/p>\n

If bulls push through the upper boundary, the chart points toward a potential move toward $1.60, roughly a 3.8\u00d7 gain from current levels. But if the $0.36 floor fails, the bullish setup breaks down, likely triggering another leg lower.<\/p>\n

For now, XPL trades in a make-or-break zone. A confirmed breakout could mark the start of a recovery phase, while another rejection might extend its broader downtrend in the sessions ahead.<\/p>\n","protected":false},"excerpt":{"rendered":"The stablecoin market just set a new record. The total value of dollar-pegged cryptocurrencies has climbed to about…\n","protected":false},"author":3,"featured_media":315259,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[64,135,67,132,68,158499],"class_list":{"0":"post-315258","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-markets","10":"tag-united-states","11":"tag-unitedstates","12":"tag-us","13":"tag-usdt"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115399227062199187","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/315258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=315258"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/315258\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/315259"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=315258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=315258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=315258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}