Plasma (XPL) experienced a 21% surge in value after integrating with DeFi protocols Aave, Ethena, and Pendle, enabling zero-fee USDT transfers. The token's price rebounded from below $0.30 to approach $0.50, driven by bullish technical indicators such as MACD and TSI. Despite the positive momentum, analysts caution that weak liquidity above $0.50 could lead to potential pullbacks.
Plasma's Total Deposits have reached $929.44 million, and the platform now boasts 2 million Monthly Active Users. Continued growth and alignment with broader market trends are essential for sustaining this upward trajectory.
Plasma (XPL) Jumps 21% on DeFi Protocol Integrations
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