# Plasma (XPL) — crypto price, market cap and strength versus Bitcoin

> Plasma trades at $0.0763 with a market capitalisation of $284.2M (rank 137). Over 90 days it is +7.3% against Bitcoin and sits below its 200-day average. Layer 1 as a theme is -13.9% against Bitcoin over 13 weeks. Price readings run through 2026-08-14.

## Agent research brief

- What this coin is: Plasma (XPL), a Layer 1 token of $284.2M at market-cap rank 137. On-chain activity is sourced from protocol.
- What the tape says: +7.3% versus Bitcoin over 90 days; below its 200-day average. Layer 1 as a theme is -13.9% against Bitcoin over 13 weeks.
- What the evidence supports: 51.8/100 inside Layer 1 on 50% evidence (0% of it native activity). Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.
- What is missing: There is no valuation band for any coin on this site: historical market capitalisation is not held, so no PE-style range can be built. Plasma does publish network fees, protocol revenue.

Theme: Layer 1 (/crypto/sector/layer-1). Price 2026-08-14; market-cap snapshot 2026-07-04.

## Price, returns and risk

Plasma is -53.9% over one year, -12.1% over 90 days and -17% over 30 days. Annualised 30-day volatility is 71%. Its deepest fall from a high inside the last 90 days is 40%. It trades below its 200-day average, which is falling.

- Price: $0.0763
- Market cap: $284.2M (rank 137)
- Returns: 7d +0.7%; 30d -17%; 90d -12%; 180d -21%; 1y -54%
- RS versus Bitcoin, 90d: +7.3%
- 30-day volatility: 71% annualised; deepest 90-day fall 40%
- 200-day average: $0.0955, trading below it

## Protocol economics

Plasma publishes 2 of the six network-economics series this site tracks: network fees, protocol revenue. Network activity is evidence about the protocol, not earnings owed to the token. Readings run to the Q2 2026 quarter.

- Network fees: trailing four quarters —; change —; covered 3/20 quarters
- Protocol revenue: trailing four quarters —; change —; covered 3/20 quarters

## Research score

Plasma: 51.8/100 — Tape-led · on-chain proof incomplete; 16.7 + 15.0 + 10.0 + 10.1 = 51.8; evidence 50%; native evidence 0%; rank 13 of 65 rated Layer 1 coins
Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.
This weakens if: The read weakens if 90-day RS versus BTC falls below zero with two weekly closes below the 200-DMA, or native activity contracts for two complete calendar quarters.

No valuation band exists for any coin on this site: historical market capitalisation is not held, so no company-style valuation range can be built.

## Layer 1 scorecard

Plasma is one of 78 Layer 1 coins here, 65 of which carry enough evidence to be rated and ranked. Plasma ranks 13 of those 65 on 50% evidence. The table below is the theme's own scorecard, in its own order, with this coin marked.

- 1. TRON (TRX): score 77.7; evidence 86%; Priority research · market gate closed
- 2. Bitcoin SV (BSV): score 65.3; evidence 50%; Tape-led · on-chain proof incomplete
- 3. Abey (ABEY): score 62.2; evidence 50%; Illiquid · research only
- 4. Ethereum (ETH): score 59.5; evidence 79%; Mixed · market gate closed
- 5. Sui (SUI): score 58.3; evidence 30%; Tape-led · on-chain proof incomplete
- 6. Solana (SOL): score 56.6; evidence 86%; Mixed · market gate closed
- 7. Gram (prev. Toncoin) (GRAM): score 55.8; evidence 46%; Tape-led · on-chain proof incomplete
- 8. Aptos (APT): score 55.7; evidence 50%; Illiquid · research only
- 9. Worldcoin (WLD): score 54.8; evidence 76%; Mixed · market gate closed
- 10. XPR Network (XPR): score 53.8; evidence 30%; Illiquid · research only
- 11. DigiByte (DGB): score 53.7; evidence 30%; Illiquid · research only
- 12. Avalanche (AVAX): score 53.2; evidence 86%; Mixed · market gate closed
- 13. Plasma (XPL) [this coin]: score 51.8; evidence 50%; Tape-led · on-chain proof incomplete
- 14. Nesa (NES): score 51.8; evidence 23%; Tape-led · on-chain proof incomplete
- 15. Ontology Gas (ONG): score 51.6; evidence 30%; Illiquid · research only
- 16. Qtum (QTUM): score 50.8; evidence 30%; Tape-led · on-chain proof incomplete
- 17. Cosmos Hub (ATOM): score 50.6; evidence 30%; Tape-led · on-chain proof incomplete
- 18. Vaulta (A): score 50.6; evidence 30%; Illiquid · research only
- 19. Bitcoin (BTC): score 50.3; evidence 70%; Tape-led · on-chain proof incomplete
- 20. Kava (KAVA): score 50; evidence 30%; Tape-led · on-chain proof incomplete
- 21. XRP (XRP): score 48.9; evidence 50%; Tape-led · on-chain proof incomplete
- 22. Irys (IRYS): score 48.9; evidence 30%; Illiquid · research only
- 23. Ozone Chain (OZO): score 48.8; evidence 30%; Illiquid · research only
- 24. Sonic (S): score 48.4; evidence 33%; Illiquid · research only
- 25. Hedera (HBAR): score 47.5; evidence 60%; Tape-led · on-chain proof incomplete
- 26. Brevis (BREV): score 47.4; evidence 30%; Tape-led · on-chain proof incomplete
- 27. VeThor (VTHO): score 47.4; evidence 12%; Illiquid · research only
- 28. Gravity (by Galxe) (G): score 46.5; evidence 64%; Illiquid · research only
- 29. eCash (XEC): score 46.1; evidence 30%; Tape-led · on-chain proof incomplete
- 30. Space and Time (SXT): score 45.9; evidence 30%; Tape-led · on-chain proof incomplete
- 31. APEX (AP3X): score 45.8; evidence 30%; Illiquid · research only
- 32. EthereumPoW (ETHW): score 45.7; evidence 30%; Illiquid · research only
- 33. aelf (ELF): score 45.3; evidence 30%; Illiquid · research only
- 34. NEO (NEO): score 45.3; evidence 30%; Illiquid · research only
- 35. Gas (GAS): score 45.1; evidence 30%; Illiquid · research only
- 36. OHO Blockchain (OHO): score 45; evidence 50%; Illiquid · research only
- 37. Ethereum Classic (ETC): score 44.8; evidence 50%; Tape-led · on-chain proof incomplete
- 38. Kusama (KSM): score 44.5; evidence 30%; Illiquid · research only
- 39. QANplatform (QANX): score 44.4; evidence 30%; Illiquid · research only
- 40. Cardano (ADA): score 44.2; evidence 76%; Lagging · market gate closed
- 41. IOST (IOST): score 44.1; evidence 30%; Illiquid · research only
- 42. Naoris Protocol (NAORIS): score 43.9; evidence 30%; Illiquid · research only
- 43. Conflux (CFX): score 43.7; evidence 50%; Tape-led · on-chain proof incomplete
- 44. Ontology (ONT): score 43.3; evidence 30%; Illiquid · research only
- 45. Monad (MON): score 43.2; evidence 50%; Illiquid · research only
- 46. Xertra (STRAX): score 43.2; evidence 30%; Illiquid · research only
- 47. VeChain (VET): score 43; evidence 50%; Tape-led · on-chain proof incomplete
- 48. Ardor (ARDR): score 42.6; evidence 30%; Illiquid · research only
- 49. Zilliqa (ZIL): score 42.6; evidence 30%; Illiquid · research only
- 50. ARK (ARK): score 42.3; evidence 30%; Illiquid · research only
- 51. Polkadot (DOT): score 42.1; evidence 50%; Tape-led · on-chain proof incomplete
- 52. Waves (WAVES): score 42; evidence 30%; Illiquid · research only
- 53. Venom (VENOM): score 41.1; evidence 30%; Illiquid · research only
- 54. Bitcoin Cash (BCH): score 40.8; evidence 50%; Tape-led · on-chain proof incomplete
- 55. Electroneum (ETN): score 40.8; evidence 50%; Illiquid · research only
- 56. Quantum Resistant Ledger (QRL): score 40.4; evidence 30%; Illiquid · research only
- 57. KUB Coin (KUB): score 39.9; evidence 35%; Illiquid · research only
- 58. Constellation (DAG): score 39.5; evidence 30%; Illiquid · research only
- 59. Celestia (TIA): score 39.2; evidence 70%; Tape-led · on-chain proof incomplete
- 60. Flare (FLR): score 37.7; evidence 60%; Illiquid · research only
- 61. Bityuan (BTY): score 37.5; evidence 30%; Illiquid · research only
- 62. AtomOne (ATONE): score 36.1; evidence 30%; Illiquid · research only
- 63. Kaia (KAIA): score 33.3; evidence 50%; Illiquid · research only
- 64. Movement (MOVE): score 30.6; evidence 46%; Illiquid · research only
- 65. Moonriver (MOVR): score 29.3; evidence 50%; Illiquid · research only

## Limitations

- Crypto network activity is not company earnings. Protocol revenue does not automatically accrue to token holders.
- Market capitalisation is a dated snapshot, not a point-in-time historical supply series, so yields computed against it inherit that lag.
- No valuation band exists for any coin: historical market capitalisation is not held at all.
- Funding rates, open interest, liquidations, exchange flows, unlock schedules and developer activity are not held and are not inferred.
- The research score is relative to this coin's own theme only. It is not comparable across themes and is not an entry signal.

## FAQs

### What is Plasma (XPL)?

Plasma is a Layer 1 cryptocurrency tracked here by price, market capitalisation and strength against Bitcoin, with on-chain activity from protocol. It is one of 78 Layer 1 coins on this site. Readings are as of 2026-08-14.

### What is the market cap of Plasma?

Plasma's market capitalisation is $284.2M, ranking it 137 in the top-1,000 crypto universe. That figure is a dated snapshot from 2026-07-04, refreshed separately from the daily price series, so it can lag the price shown above.

### Is Plasma beating Bitcoin?

Plasma is +7.3% against Bitcoin over 90 days, and its own theme, Layer 1, is -13.9% over 13 weeks. It trades below its 200-day average as of 2026-08-14.

### Does Plasma have a P/E ratio?

No. There is no company-style P/E or PEG for a crypto token, and no valuation band is shown on this page because the data to build one honestly does not exist: historical market capitalisation is not held, only a current snapshot. Where a protocol publishes fees or revenue, this page shows the yield against that dated snapshot instead.

### What is Plasma's research score?

51.8/100 within Layer 1, ranked 13 of 65 rated Layer 1 coins, on 50% evidence: 16.7 + 15.0 + 10.0 + 10.1 = 51.8. It is labelled “Tape-led · on-chain proof incomplete”. The score ranks research attention inside one theme, never portfolio action.

### How much Plasma history does this page show?

Five years of weekly closes where they exist, plus 20 complete calendar quarters of on-chain activity for the metrics Plasma actually publishes. Here that is network fees, protocol revenue.

### Does Plasma generate network fees?

Plasma publishes a network fees series but not a complete four-quarter total. Network activity is not token-holder earnings: whether it accrues to the token depends on the protocol's own burn, buyback and distribution rules.