A major cryptocurrency whale has redirected its focus from XRP to XPL, a Layer 1 blockchain tailored for global stablecoin payments. The whale deposited 31.52 million USDC into Hyperliquid and acquired 29.27 million XPL, valued at approximately $31.13 million. XPL has gained traction with a 24-hour trading volume of $2.49 billion, surpassing its $1.69 billion market cap by 147%. This strategic move highlights the whale's confidence in XPL's potential, as Plasma, the blockchain's developer, aims to establish a stablecoin-centric financial system featuring customizable gas tokens and zero-fee USDT transfers. The shift underscores the intensifying competition in blockchain payment solutions, posing a challenge to XRP's market position.