Plasma (XPL) News Today: Why XPL Is Down – 01 October 2026

• Plasma co-founder Paul Punt rejected insider selling claims on 1 October 2026, per a Blocmates report. • Team and investor allocations were inaccessible until at least September 2026, the report noted. • Plasma's public token sale attracted over $373 million in commitments, exceeding its $50 million target. • XPL's reported circulating supply is 4,533,333,333 tokens against a total supply of 10,000,000,000. • Phoenix's 30 September update listed Plasma among projects with major token unlocks scheduled for October.