ETH is moving almost the same as BTC when it comes to the wave count.
Scenario 1: Shortened Wave 3, current low is the end of the correction and we should see bulls take over. Lower chance after today's bearish move, we did not see a 50EMA breakthrough and continued downwards.
Scenario 2: Wave 3 is current weekly low, small bullish counter-weight to form wave 4, and yet to finish a fresh low that would have to be made finishing the 1-2-3-4-5 sequence. Higher chance due to price's 50EMA rejection.
As we had been saying for some time now that it was more likely for XRP to drop before continuing upwards.
We believed 0.382% Fibonacci was a minimum target pull-back with 0.786 being the maximum. Right now we are at 0.618, a very powerful level with the sub wave most likely also having its 1-2-3-4-5 (Wave C) correction completed.
Scenario 1: We have rejected the 50EMA, the crucial level we had to break through in order to favor scenario 2. Right now the chances of having scenario 1 are increasingly higher.
Scenario 2: Shortened wave 3 with wave 5 being the current low, as we haven't had a confident push through the 50 EMA the chances of scenario 2 happening right now is significantly lower.
STRATEGY JUST SNAPPED UP ANOTHER 130 $BTC FOR $11.7 MILLION AT AN AVERAGE PRICE OF $89,960. THEY NOW HOLD 650,000 BTC WORTH $48.38 BILLION, STACKED AT AN AVERAGE OF $74,436 PER COIN.
Plasma: The Stablecoin-Focused Layer 1 Powering Global Payments
Stablecoins are the backbone of crypto, powering everything from cross-border payments to large-scale institutional settlements. But all of that only works if the network is fast, reliable, and low-cost. That’s where Plasma comes in—a Layer 1 blockchain built specifically for stablecoins. XPL’s recent price movements reflect this evolution: after some early volatility, things are stabilizing, like a finely tuned engine ready for the long term.
Since Plasma’s mainnet beta in September 2025, the network has grown quickly. Total value locked initially surged past $5 billion, and stablecoin deposits topped $7 billion. Now, stablecoin supply sits around $1.8 billion, with USDT accounting for over 80%. Daily transactions remain strong, in the tens of thousands. XPL’s price fell roughly 85% from its peak of $1.67 to around 18–20 cents, but recent gains—up 9% to 21 cents with solid volume—show growing confidence in Plasma’s stablecoin-first approach. A major token unlock on December 25 (nearly 89 million XPL, about 4.5% of supply) will add more liquidity for staking and ecosystem growth.
Plasma isn’t just any blockchain—it’s purpose-built for stablecoins. Security is reinforced by a Bitcoin bridge, locking state roots into Bitcoin blocks for censorship-resistant finality. Developers can use familiar Ethereum tools to deploy Solidity contracts, and over 100 DeFi protocols are live. Aave dominates lending with nearly 70% market share. Plasma supports 25+ stablecoins, connects to 200+ payment methods, and reaches users in over 100 countries. For global money transfers, it’s as reliable as traditional banking, but much faster.
Plasma’s gas model is a standout feature. Common USDT transactions are covered using XPL reserves managed by the Plasma Foundation, so users don’t need XPL to move stablecoins. Account abstraction via EIP-4337, combined with zkEmail and rate limiting, protects against spam. Advanced users can even pay gas with USDT or bridged BTC, with oracles handling conversions. Businesses can pay suppliers or payroll instantly, without fees eating into totals, and settlements happen in under a second.
Speed is built into the network. PlasmaBFT handles over 1,000 transactions per second, with sub-second blocks and near-instant finality. A November upgrade improved block proposals to handle activity spikes smoothly, and the Reth execution client ensures fast, accurate EVM processing—perfect for high-volume payouts or business flows.
Staking rewards connect directly to real network use. Validators stake XPL and earn starting at 5% annual inflation, decreasing by 0.5% yearly until reaching 3%. Base fees are burned via EIP-1559, tightening supply as usage grows. Delegation allows passive earnings for non-node holders. Of XPL’s 10 billion total supply, 40% is dedicated to ecosystem grants, supporting integrations like Dfns (multi-party wallets) and Nexo (USDT bridging). The upcoming December unlock will boost staking, likely attracting more validators and strengthening the network.
Plasma One, the stablecoin-native neobank app launched in October, adds real-world utility. Users can earn over 10% yields, enjoy 4% cashback on cards, and transfer funds globally with zero fees. Its private beta launched in November with MiCA-compliant features, thanks to an Italian VASP license and an Amsterdam base. Stablecoin volumes across the sector have already hit $19.4 billion this year, and Plasma’s share keeps growing by combining DeFi speed with practical applications.
Within the Binance ecosystem, XPL unlocks access to all this infrastructure. With steady TVL and rising price activity, the market is beginning to reward projects that deliver real utility, not just hype. @Injective $XPL #Plasma
Plasma: The Stablecoin-Focused Layer 1 Powering Global Payments
Stablecoins are the backbone of crypto, powering everything from cross-border payments to large-scale institutional settlements. But all of that only works if the network is fast, reliable, and low-cost. That’s where Plasma comes in—a Layer 1 blockchain built specifically for stablecoins. XPL’s recent price movements reflect this evolution: after some early volatility, things are stabilizing, like a finely tuned engine ready for the long term.
Since Plasma’s mainnet beta in September 2025, the network has grown quickly. Total value locked initially surged past $5 billion, and stablecoin deposits topped $7 billion. Now, stablecoin supply sits around $1.8 billion, with USDT accounting for over 80%. Daily transactions remain strong, in the tens of thousands. XPL’s price fell roughly 85% from its peak of $1.67 to around 18–20 cents, but recent gains—up 9% to 21 cents with solid volume—show growing confidence in Plasma’s stablecoin-first approach. A major token unlock on December 25 (nearly 89 million XPL, about 4.5% of supply) will add more liquidity for staking and ecosystem growth.
Plasma isn’t just any blockchain—it’s purpose-built for stablecoins. Security is reinforced by a Bitcoin bridge, locking state roots into Bitcoin blocks for censorship-resistant finality. Developers can use familiar Ethereum tools to deploy Solidity contracts, and over 100 DeFi protocols are live. Aave dominates lending with nearly 70% market share. Plasma supports 25+ stablecoins, connects to 200+ payment methods, and reaches users in over 100 countries. For global money transfers, it’s as reliable as traditional banking, but much faster.
Plasma’s gas model is a standout feature. Common USDT transactions are covered using XPL reserves managed by the Plasma Foundation, so users don’t need XPL to move stablecoins. Account abstraction via EIP-4337, combined with zkEmail and rate limiting, protects against spam. Advanced users can even pay gas with USDT or bridged BTC, with oracles handling conversions. Businesses can pay suppliers or payroll instantly, without fees eating into totals, and settlements happen in under a second.
Speed is built into the network. PlasmaBFT handles over 1,000 transactions per second, with sub-second blocks and near-instant finality. A November upgrade improved block proposals to handle activity spikes smoothly, and the Reth execution client ensures fast, accurate EVM processing—perfect for high-volume payouts or business flows.
Staking rewards connect directly to real network use. Validators stake XPL and earn starting at 5% annual inflation, decreasing by 0.5% yearly until reaching 3%. Base fees are burned via EIP-1559, tightening supply as usage grows. Delegation allows passive earnings for non-node holders. Of XPL’s 10 billion total supply, 40% is dedicated to ecosystem grants, supporting integrations like Dfns (multi-party wallets) and Nexo (USDT bridging). The upcoming December unlock will boost staking, likely attracting more validators and strengthening the network.
Plasma One, the stablecoin-native neobank app launched in October, adds real-world utility. Users can earn over 10% yields, enjoy 4% cashback on cards, and transfer funds globally with zero fees. Its private beta launched in November with MiCA-compliant features, thanks to an Italian VASP license and an Amsterdam base. Stablecoin volumes across the sector have already hit $19.4 billion this year, and Plasma’s share keeps growing by combining DeFi speed with practical applications.
Within the Binance ecosystem, XPL unlocks access to all this infrastructure. With steady TVL and rising price activity, the market is beginning to reward projects that deliver real utility, not just hype. @Injective $XPL #Plasma
Plasma: The Stablecoin-Focused Layer 1 Powering Global Payments
Stablecoins are the backbone of crypto, powering everything from cross-border payments to large-scale institutional settlements. But all of that only works if the network is fast, reliable, and low-cost. That’s where Plasma comes in—a Layer 1 blockchain built specifically for stablecoins. XPL’s recent price movements reflect this evolution: after some early volatility, things are stabilizing, like a finely tuned engine ready for the long term.
Since Plasma’s mainnet beta in September 2025, the network has grown quickly. Total value locked initially surged past $5 billion, and stablecoin deposits topped $7 billion. Now, stablecoin supply sits around $1.8 billion, with USDT accounting for over 80%. Daily transactions remain strong, in the tens of thousands. XPL’s price fell roughly 85% from its peak of $1.67 to around 18–20 cents, but recent gains—up 9% to 21 cents with solid volume—show growing confidence in Plasma’s stablecoin-first approach. A major token unlock on December 25 (nearly 89 million XPL, about 4.5% of supply) will add more liquidity for staking and ecosystem growth.
Plasma isn’t just any blockchain—it’s purpose-built for stablecoins. Security is reinforced by a Bitcoin bridge, locking state roots into Bitcoin blocks for censorship-resistant finality. Developers can use familiar Ethereum tools to deploy Solidity contracts, and over 100 DeFi protocols are live. Aave dominates lending with nearly 70% market share. Plasma supports 25+ stablecoins, connects to 200+ payment methods, and reaches users in over 100 countries. For global money transfers, it’s as reliable as traditional banking, but much faster.
Plasma’s gas model is a standout feature. Common USDT transactions are covered using XPL reserves managed by the Plasma Foundation, so users don’t need XPL to move stablecoins. Account abstraction via EIP-4337, combined with zkEmail and rate limiting, protects against spam. Advanced users can even pay gas with USDT or bridged BTC, with oracles handling conversions. Businesses can pay suppliers or payroll instantly, without fees eating into totals, and settlements happen in under a second.
Speed is built into the network. PlasmaBFT handles over 1,000 transactions per second, with sub-second blocks and near-instant finality. A November upgrade improved block proposals to handle activity spikes smoothly, and the Reth execution client ensures fast, accurate EVM processing—perfect for high-volume payouts or business flows.
Staking rewards connect directly to real network use. Validators stake XPL and earn starting at 5% annual inflation, decreasing by 0.5% yearly until reaching 3%. Base fees are burned via EIP-1559, tightening supply as usage grows. Delegation allows passive earnings for non-node holders. Of XPL’s 10 billion total supply, 40% is dedicated to ecosystem grants, supporting integrations like Dfns (multi-party wallets) and Nexo (USDT bridging). The upcoming December unlock will boost staking, likely attracting more validators and strengthening the network.
Plasma One, the stablecoin-native neobank app launched in October, adds real-world utility. Users can earn over 10% yields, enjoy 4% cashback on cards, and transfer funds globally with zero fees. Its private beta launched in November with MiCA-compliant features, thanks to an Italian VASP license and an Amsterdam base. Stablecoin volumes across the sector have already hit $19.4 billion this year, and Plasma’s share keeps growing by combining DeFi speed with practical applications.
Within the Binance ecosystem, XPL unlocks access to all this infrastructure. With steady TVL and rising price activity, the market is beginning to reward projects that deliver real utility, not just hype. @Injective $XPL #Plasma
$TIA Update: Same outlook as shared a few days ago 📈 As expected, $0.600 continues to hold as a strong long-term support. The plan remains unchanged — the next likely targets are $0.780–$0.800.