XPL (Pulse) fell 3.55% in the last 24 hours

Gate News Bot news, on September 23, according to CoinMarketCap data, as of the time of writing, XPL (Pulse) is currently priced at 1.67 USD, down 3.55% in the last 24 hours, with a high of 1.80 USD and a low of 1.60 USD, and a 24-hour volume of 5.49 million USD.

Pulse World is a revolutionary metaverse platform that allows users to gain all benefits through blockchain technologies such as DeFi, GameFi, SocialFi, Web3, and NFTs, integrating them into one large world. The platform aims to explore the future of Web3 and provide users with a comprehensive blockchain experience.

Recent important news about XPL:

1️⃣ Plasma Mainnet Beta Version is About to Launch The Beta version of the Plasma mainnet and the native token XPL will officially launch on September 25. At that time, the total locked value of the Plasma network is expected to exceed $2 billion and has integrated over 100 DeFi protocols, including Aave, Ethena, Fluid, and Euler. Users will be able to transfer USDT with zero fees on top of the PlasmaBFT consensus of the network through authorized transfers.

2️⃣ Plasma Launches Native Financial Application for Stablecoins Plasma announced the launch of a stablecoin native financial application called Plasma One. This application allows users to make payments directly from their stablecoin balance while earning over 10% returns. Plasma One will focus on markets with high demand for USD, such as Istanbul, Buenos Aires, and Dubai.

3️⃣ Plasma collaborates with Rain Cards to issue cryptocurrency payment cards Plasma has reached a partnership with Rain Cards to issue cryptocurrency payment cards on the Plasma network. This will enable Plasma USD₮ to be used at over 150 million merchants worldwide, greatly enhancing the practicality and coverage of the Plasma ecosystem.

From a technical perspective, the price of XPL has experienced a pullback in the past 24 hours, possibly related to the upcoming mainnet launch. Investors may be taking profits or repositioning before the mainnet goes live. At the same time, the ongoing expansion and feature enhancement of the Plasma ecosystem is expected to provide long-term value support for XPL.

This message is not intended as investment advice; investors should be aware of market volatility risks.