Is Plasma (XPL) a Good Investment? October 2026 Analysis

• Plasma reports $502.41M DeFi TVL, $1.4B stablecoin market cap, and 49,895 active addresses over 24 hours. • Chain revenue was $626 over 24 hours, with protocol fees at $504 daily and $19,213 over 30 days. • Circulating supply is 4,533,333,333 XPL against a 10,000,000,000 total, with 40% allocated to ecosystem and growth. • Plasma raised $24 million across seed and Series A rounds, backed by Framework Ventures and Bitfinex-linked entities. • XPL sits 94.31% below its $1.68 all-time high, with open interest up 56.48% over 30 days.