BREAKING: Plasma (XPL) Surges 20.7% to $0.096 in 24 Hours
Plasma (XPL) has experienced a significant price surge, jumping 20.7% in the past 24 hours to reach $0.095604 as of February 12, 2026.
The cryptocurrency’s trading volume has spiked to $116.04 million, indicating substantial market interest in the token’s upward movement. Plasma’s market capitalization has increased by $34.28 million to reach $205.16 million, pushing it to rank #171 among all cryptocurrencies.
Price Action and Key Metrics
XPL reached a 24-hour high of $0.095183 before settling at its current price of $0.095604. The token has recovered significantly from its 24-hour low of $0.078632, representing a gain of approximately 21.6% from that bottom.
In the short term, Plasma has shown continued momentum with a 1.87% increase in the past hour alone. Over the past week, XPL has gained 2.16%, though it remains down 39.3% over the past 30 days.
Market Context
The recent surge comes after Plasma hit an all-time low of $0.073026 on February 6, 2026, just six days ago. The current price represents a 29.4% recovery from that low point.
However, XPL remains significantly below its all-time high of $1.68, reached on September 28, 2025. The token is currently down 94.4% from that peak, indicating substantial room for potential recovery if market conditions improve.
Supply and Valuation
Plasma has a circulating supply of 2.16 billion tokens out of a total supply of 10 billion, representing approximately 21.6% of the total token allocation. The fully diluted valuation stands at $951.76 million, suggesting significant potential value if the entire supply were in circulation.
The substantial difference between market cap ($205.16M) and fully diluted valuation ($951.76M) indicates that future token releases could impact price dynamics as supply increases.
Trading Activity
The $116 million in 24-hour trading volume represents approximately 56.5% of Plasma’s total market capitalization, indicating extremely high turnover and active trading interest. This elevated volume-to-market-cap ratio suggests strong speculative activity around the token.
Market participants will be watching closely to see if XPL can maintain this momentum or if profit-taking will emerge at current levels.
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