BREAKING: Plasma (XPL) Surges 20.8% to $0.1288 in 24 Hours

Plasma (XPL) has experienced a sharp price surge of 20.8% over the past 24 hours, reaching $0.128768 as of April 2, 2026, at 19:58 UTC. The cryptocurrency has captured market attention with substantial trading volume and strong momentum across multiple timeframes.

The token’s 24-hour trading volume reached $188.5 million, indicating heightened market interest. Plasma’s market capitalization now stands at $305.5 million, securing the #127 ranking among cryptocurrencies. The market cap increased by $52.5 million, representing a 20.77% gain in the past day.

Price Performance Metrics

Plasma recorded a 24-hour high of $0.128086 and a low of $0.103375, demonstrating significant intraday volatility. The token’s price movement shows sustained upward momentum, with a 4.53% gain in just the past hour.

Extended timeframe data reveals even stronger performance: XPL has gained 39.57% over the past seven days and 12.62% across the last 30 days. This positions Plasma among the top performers in the current market cycle.

Supply and Valuation Data

With a circulating supply of 2.375 billion tokens and a total supply of 10.04 billion XPL, the current market cap represents approximately 23.6% of the fully diluted valuation, which stands at $1.29 billion. The project does not have a maximum supply cap.

Historical Context

While Plasma has shown strong recent gains, the token remains significantly below its all-time high of $1.68, recorded on September 28, 2025. The current price represents a 92.55% decline from that peak. However, XPL has recovered substantially from its all-time low of $0.073026, recorded on February 6, 2026, marking a 71.76% increase from that bottom.

The cryptocurrency market has experienced mixed performance in recent weeks, making Plasma’s 20.8% surge particularly noteworthy. The strong trading volume and consistent gains across multiple timeframes suggest growing investor confidence in the project.

As of this writing, Plasma continues to trade near its 24-hour high, with market participants closely monitoring whether the momentum can be sustained.