Binance, Aave, Chainlink Boost Plasma's XPL 58% with Mainnet Launch

Plasma’s native token XPL surged 58% following the launch of its Tether-backed mainnet on September 25, 2025, marking a pivotal development in the stablecoin-driven DeFi ecosystem. The price jump, from $0.74 to $1.42 within 24 hours, was fueled by strategic integrations with Binance, Aave, and Chainlink, which expanded the blockchain’s utility and liquidity infrastructure. XPL’s market capitalization reached $2.17 billion, while trading volume spiked over 18,000% in the same period, signaling robust retail and institutional demand .

The mainnet launch integrated Tether’s USDT0 and XAUT0 tokens, positioning Plasma as a leading infrastructure for stablecoin transactions. Binance’s addition of Plasma USDT to its Earn platform via Aave’s lending system unlocked yield opportunities for over 280 million users, significantly amplifying adoption . Chainlink further bolstered Plasma’s credibility by default-enabling its CCIP, Data Streams, and Data Feeds, with a dedicated XPL/USD data stream to power secure DeFi markets across 40+ blockchains . These partnerships underscored Plasma’s role as a high-performance layer-1 blockchain tailored for stablecoin and tokenized asset ecosystems .

Market dynamics reflected strong investor confidence. XPL’s rapid ascent to $1.28 at the time of writing highlighted its appeal as a speculative and utility-driven asset. Analysts noted that Plasma’s zero-fee USDT transfers and institutional backing—such as Founders Fund investments—could disrupt global financial systems by lowering transaction costs and enhancing liquidity . Tether’s CTO, Paolo Ardoino, emphasized the project’s success, stating that the $1 billion TVL achieved on its first day marked a historic milestone in DeFi adoption .

However, the surge also raised caution. While Plasma’s ecosystem benefits from Tether’s stability and major DeFi integrations, risks such as regulatory scrutiny, market volatility, and competition from established blockchains remain. The token’s nascent stage means long-term sustainability hinges on sustained adoption and compliance with evolving global standards .

Plasma’s launch has redefined the stablecoin landscape, with Binance’s Earn suite and Chainlink’s oracle support creating a robust framework for decentralized finance. As the blockchain prepares for broader tokenized asset integration, its ability to maintain TVL growth and institutional partnerships will be critical to solidifying its position as a dominant infrastructure layer .

: XPL Price Surges 58% as Plasma Mainnet Goes Live with Tether (cryptotimes.io)

: Plasma Mainnet Launch Sparks 52% XPL Price Surge (coincentral.com)

: XPL Token Soars 52% as Plasma Mainnet Launch Ignites Trading (coingape.com)

: XPL Token Surges 52% Post-Plasma Mainnet Launch (theccpress.com)