{"id":105885,"date":"2025-10-19T04:47:50","date_gmt":"2025-10-19T04:47:50","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=105885"},"modified":"2025-10-19T04:47:50","modified_gmt":"2025-10-19T04:47:50","slug":"plasma-xpl-pumps-as-crypto-stablecoins-market-cap-hit-all-time-high-stop-shorting-the-market","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=105885","title":{"rendered":"Plasma XPL Pumps as Crypto Stablecoins Market Cap Hit All-Time High: Stop Shorting the Market"},"content":{"rendered":"

The stablecoin market just set a new record. The total value of dollar-pegged cryptocurrencies has climbed to about $307 billion, the highest on record, even as broader crypto prices remain uneven.<\/span><\/p>\n

Plasma (XPL), a new layer-1 network built for stablecoin payments, also caught attention.\u00a0<\/span><\/p>\n

The token traded between $0.40 and $0.42 on strong volume, extending its recovery from last week\u2019s lows. The move adds weight to the growing market focus on \u201cstablecoin rails,\u201d a theme driving renewed inflows.<\/span><\/p>\n

Stablecoin Growth Is Strongest Backdrop For On-Chain Liquidity Seen in Months<\/strong><\/h2>\n

DefiLlama <\/span>data<\/span><\/a> shows capitalization in stablecoins increasing by 5-6% over the last month, which is an indicator of a consistent supply of liquidity.\u00a0<\/span><\/p>\n\n

(<\/span>Source: DefiLlama<\/span><\/a>)<\/span><\/p>\n

USDT is still the anchor of the industry, with an approximate circulating currency of $181-$182Bn Bn, and continues to record large daily trading volumes across exchanges.<\/span><\/p>\n

Top crypto analysts say this renewed expansion matters. A rising stablecoin float often comes before higher spot and derivatives trading activity, hinting that broader market momentum could be rebuilding.<\/span><\/p>\n

Analysts on X have <\/span>linked<\/span><\/a> the trend to three main drivers heading into Q4 ETF inflows, expanding stablecoin supply, and expectations of easier monetary policy before year-end.\u00a0<\/span><\/p>\n

Together, they form the strongest backdrop for on-chain liquidity seen in months.<\/span><\/p>\n

DISCOVER:\u00a015+ Upcoming Coinbase Listings to Watch in 2025<\/a><\/strong><\/p>\n

XPL Price Prediction: Is XPL Crypto Forming a Bullish Reversal Pattern After Its Long Downtrend?<\/h2>\n
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