BREAKING: Plasma (XPL) Crashes 24.5% to $0.113 in Sharp Selloff

BREAKING: Plasma (XPL) has suffered a severe 24.5% price decline in the past 24 hours, plunging to $0.113405 as of 20:36 UTC on April 3, 2026, according to real-time market data.

Sharp Decline Wipes Out $87 Million

The cryptocurrency tumbled from a 24-hour high of $0.155706 to a low of $0.111396, representing a dramatic intraday swing. The selloff has erased $87.4 million from Plasma’s market capitalization, which now stands at $268.96 million, dropping the asset to rank #136 among all cryptocurrencies.

Trading volume surged to $348.73 million over the 24-hour period, significantly elevated compared to typical activity levels, suggesting intense selling pressure and potential capitulation by holders.

Key Price Metrics

• Current Price: $0.113405
• 24-Hour Change: -24.5% (-$0.0368)
• 24-Hour High: $0.155706
• 24-Hour Low: $0.111396
• Trading Volume: $348.73 million
• Market Cap: $268.97 million

Distance from All-Time High Widens

Plasma is now trading 93.2% below its all-time high of $1.68, reached on September 28, 2025. However, the token remains 56.6% above its all-time low of $0.073026, recorded on February 6, 2026.

Despite today’s crash, XPL has posted a 28.1% gain over the past seven days, suggesting the recent uptrend may have attracted profit-taking or triggered stop-loss orders among traders.

Supply Metrics

With a circulating supply of 2.375 billion XPL tokens out of a total supply of 10.04 billion, the fully diluted valuation currently stands at $1.14 billion. The significant gap between circulating and total supply indicates substantial token unlock potential that could impact future price action.

Short-Term Recovery Attempt

In the past hour, XPL has recovered 0.83%, suggesting some buyers are attempting to establish support at current levels. However, the token remains under significant pressure on the 24-hour timeframe.

The 30-day performance shows a modest 3.2% decline, indicating that today’s selloff represents an acute event rather than a sustained downtrend.

This is a developing story. Market data current as of April 3, 2026, 20:36 UTC.