Jun 12
XPL rises 30% ahead of Plasma One card launch next week
➤ XPL token surged 30% in anticipation of Plasma's new tiered card memberships for its neobank app, launching next week. ➤ The Plasma One app, built on a Bitcoin-secured Layer-1 blockchain for stablecoin payments, offers a Visa card with zero-fee USDT transfers and up to 4% cashback. ➤ The new feature rewards users for locking XPL tokens, a strategy similar to Crypto.com's CRO token, with investor focus on adoption metrics versus potential token emissions.