The post XPL Rallies After Plasma Reveals Collaboration with Daylight Energy appeared on BitcoinEthereumNews.com. Daylight’s GRID stablecoin and sGRID yield-bearing token connect decentralized finance with energy revenues. Plasma’s native token XPL surged after the stablecoin-focused Layer 1 blockchain unveiled a partnership with Daylight Energy to launch GRID, a stablecoin, and sGRID, a yield-bearing token. Following the announcement, XPL rose 10%, trading at $0.325 with a market capitalization of $607 million. According to Plasma – which has a total value locked (TVL) of $2.7 billion – GRID will be issued by M0, fully backed, and redeemable instantly. Meanwhile, sGRID will allow holders to earn a yield based on Daylight Energy’s electricity revenues. The companies said this is the first time investors can gain on-chain exposure to electricity yields through a single token. The partnership underscores how blockchain is increasingly connecting with real-world infrastructure to create new and innovative ways for investors to earn yield. “Our power grids are straining from an explosion in electricity demand, with rates outpacing inflation and blackouts surging,” Plasma writes. “We’re partnering with @Daylightenergy_ to solve this on-chain and give anyone access to electricity-backed returns via its yield-bearing asset on Plasma.” With GRID and sGRID, Plasma expands its ecosystem of yield-earning tokens. The Layer 1 blockchain, which launched its mainnet beta on Sept. 25, 2025, has focused heavily on stablecoins and other yield-bearing assets. This comes as the stablecoin sector’s total market capitalization has surpassed $304 billion, up significantly from $206 billion at the start of the year, according to DeFiLlama. The news of the GRID and sGRID follows several recent moves by Plasma, including a separate partnership with oracle provider Chainlink and decentralized finance (DeFi) lending protocol Aave to expand its ecosystem. And prior to that, Swarm, a regulated DeFi platform with a TVL of around $7 million, announced plans to launch nine tokenized equities on the Plasma blockchain ahead… The post XPL Rallies After Plasma Reveals Collaboration with Daylight Energy appeared on BitcoinEthereumNews.com. Daylight’s GRID stablecoin and sGRID yield-bearing token connect decentralized finance with energy revenues. Plasma’s native token XPL surged after the stablecoin-focused Layer 1 blockchain unveiled a partnership with Daylight Energy to launch GRID, a stablecoin, and sGRID, a yield-bearing token. Following the announcement, XPL rose 10%, trading at $0.325 with a market capitalization of $607 million. According to Plasma – which has a total value locked (TVL) of $2.7 billion – GRID will be issued by M0, fully backed, and redeemable instantly. Meanwhile, sGRID will allow holders to earn a yield based on Daylight Energy’s electricity revenues. The companies said this is the first time investors can gain on-chain exposure to electricity yields through a single token. The partnership underscores how blockchain is increasingly connecting with real-world infrastructure to create new and innovative ways for investors to earn yield. “Our power grids are straining from an explosion in electricity demand, with rates outpacing inflation and blackouts surging,” Plasma writes. “We’re partnering with @Daylightenergy_ to solve this on-chain and give anyone access to electricity-backed returns via its yield-bearing asset on Plasma.” With GRID and sGRID, Plasma expands its ecosystem of yield-earning tokens. The Layer 1 blockchain, which launched its mainnet beta on Sept. 25, 2025, has focused heavily on stablecoins and other yield-bearing assets. This comes as the stablecoin sector’s total market capitalization has surpassed $304 billion, up significantly from $206 billion at the start of the year, according to DeFiLlama. The news of the GRID and sGRID follows several recent moves by Plasma, including a separate partnership with oracle provider Chainlink and decentralized finance (DeFi) lending protocol Aave to expand its ecosystem. And prior to that, Swarm, a regulated DeFi platform with a TVL of around $7 million, announced plans to launch nine tokenized equities on the Plasma blockchain ahead…

                                                                               Crypto venture funding was weak in November, with only a few major raises driving totals, as overall deal activity reached one of its lowest points this year.                     Venture capital funding in the cryptocurrency sector remained muted in November, continuing a broader slowdown that has persisted through late 2025. Deal activity was once again concentrated in a small number of large raises by established companies.As Cointelegraph previously reported, the third quarter saw a similar pattern: total funding climbed to $4.65 billion, according to Galaxy Digital, but deal counts lagged as capital flowed primarily to bigger, more mature firms.November reflected the same divergence. Figures from RootData showed only 57 disclosed crypto funding rounds during the month — one of the weakest tallies of the year — despite headline-grabbing raises such as Revolut’s $1 billion round and Kraken’s $800 million raise ahead of its anticipated initial public offering.Read more