What Is the Current Market Cap and Price of XPL Crypto in 2025?

XPL trading at $0.371 with $1.7 billion market cap

Current market data indicates that XPL is trading at approximately $0.313, not $0.371 as some reports have suggested. The market capitalization currently sits at $591.2 million, considerably below the projected $1.7 billion figure. This discrepancy highlights the volatility in XPL's trading patterns since its recent launch.

XPL has experienced significant price fluctuations since its September 2025 launch, reaching an all-time high of $1.692 on September 28 before declining by over 80%. The token's dramatic price movement reflects the speculative nature of new layer-1 blockchain projects, particularly those focused on stablecoin infrastructure.

Technical analysts monitoring XPL's performance note bullish predictions for future growth, with some projections suggesting potential recovery to the $0.75-$0.95 range by late 2025. However, market sentiment currently leans toward caution, with emotional analysis showing 49.04% positive versus 50.96% negative indicators. Investors should consider these metrics when evaluating XPL's potential trajectory against its ambitious goal of revolutionizing stablecoin transactions.

Circulating supply of 1.79 billion XPL coins

Plasma's circulating supply currently stands at 1.8 billion XPL coins out of the total supply of 10 billion XPL, representing approximately 18.9% of the maximum supply. This circulation ratio is particularly significant for investors assessing the token's market dynamics and potential inflation risks. According to recent market data as of October 30, 2025, this circulating supply translates to a market capitalization of approximately $591 million at the current price of $0.313 per token.

The token distribution can be contextualized through the following metrics:

The relatively low circulation ratio indicates that a significant portion of XPL tokens remains to be released into the market. This restricted circulating supply has contributed to XPL's price volatility, with historical highs reaching $1.692 on September 28, 2025, and lows of $0.075 recorded earlier that month. Investors should note that XPL has experienced substantial price movement recently, with a 24-hour change of -12.97% and a 30-day decline of -72.42%, factors directly influenced by both market sentiment and the controlled token release schedule.

Price down 78.06% from all-time high

The current market situation for Plasma (XPL) reveals a dramatic price correction from its peak performance. As of October 30, 2025, XPL is trading at approximately $0.36, representing a significant 78.39% decline from its all-time high of $1.68, which was recorded on September 28, 2025. This sharp downturn occurred in just over a month, demonstrating the volatile nature of this emerging cryptocurrency.

The dramatic price decline began shortly after XPL reached its peak, with particularly severe pressure occurring around October 10, when the token briefly touched its period low of $0.2527. Despite occasional recovery attempts, including a brief surge to $0.50 in mid-October, selling pressure has consistently overpowered buyer support. Trading volumes have fluctuated significantly during this period, peaking at over 73 million on October 1st as investors reacted to the initial price drops. The current market sentiment indicator stands at "Fear" with a reading of 34, reflecting investor uncertainty about XPL's short-term prospects. This downtrend has effectively erased most gains from XPL's explosive launch in late September when it surged from $0.075 to over $1.40 in its debut day.

24-hour trading volume of $182.63 million

XPL's trading volume has shown significant volatility in recent market conditions. Current data indicates the 24-hour trading volume has reached approximately $268.91 million, marking a substantial increase from previous reported figures of $182.63 million. This upward trend in trading activity suggests growing investor interest in the Plasma ecosystem despite recent price fluctuations.

When examining XPL's trading metrics across major exchanges, we can observe interesting distribution patterns:

The current price of XPL stands at $0.3628, with a market capitalization of approximately $653.09 million. This positions XPL within the top 100 cryptocurrencies by market value, specifically ranking #93 according to market tracking platforms. The token's all-time high was recorded at $1.69 on September 28, 2025, while its all-time low was $0.075 recorded on September 25, 2025, demonstrating significant price volatility within a short timeframe.

The robust trading volume relative to market capitalization indicates healthy liquidity and active market participation. For traders and investors, this level of volume typically translates to tighter spreads and less slippage when executing larger orders, making XPL an increasingly attractive option in the cryptocurrency trading landscape.

FAQ

What is an XPL coin?

XPL is a cryptocurrency built on the Solana blockchain, known for fast and low-cost transactions. It's designed for Web3 applications and available for trading.

Is XPL a good investment?

XPL has shown strong growth potential. Recent market trends indicate it could be a profitable investment. Consider adding it to your portfolio for potential gains.

What is XPL used for?

XPL is the native token of Plasma blockchain, used for transactions and rewarding network validators. It supports the Plasma ecosystem.

What is the name of Elon Musk's cryptocurrency coin?

Elon Musk doesn't have his own cryptocurrency. However, he's closely associated with Dogecoin (DOGE), often calling it 'the people's crypto'.