updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131hustle domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131wpforms-lite domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131Crypto market crash on Wednesday saw the market cap tumbling back to $4.1 trillion, down more than 2.50% over the last 24 hours. Moreover, the Crypto Market Fear & Greed Index recorded a sharp drop in the sentiment from 70 (greed) to 60 (greed) in just a day. Bitcoin (BTC) loses strength amid massive profit
The post Crypto Market Crash: $700M Liquidated in Bitcoin, ETH, XRP, SOL, DOGE, XPL appeared first on CoinGape.
]]>Plasma is a new Layer 1 blockchain backed by Bitfinex, a sister company of the stablecoin giant Tether. It aims to deliver low-cost, high-speed transfers, particularly for Tether’s USDT, to provide competition to rivals like Circle’s Arc Blockchain and Stripe’s Tempo.
Plasma (XPL) @PlasmaFDN is now live on #Binance Spot.
We’re celebrating with 3 special promotions → 12,500,000 XPL in token vouchers up for grabs. Plus, a bonus reward for top traders.
Don’t miss out
https://t.co/Ww585fubxw pic.twitter.com/DC3XY70Pgz
— Binance (@binance) September 25, 2025
Following a timely listing on Binance and a critical partnership with hardware crypto-wallet provider Backpack, Plasma has attracted more than $3 billion in Total Value Locked (TVL) deposits within 24 hours of its launch on Sept. 25.
Plasma Total Value Locked hit $3.14 billion within 24 hours post-launch | Source: DeFiLlama, Sept. 26.
According to DeFiLlama data, the blockchain has also taken in $125,000 in fees from $117 million on-chain transaction volumes.
Plasma’s explosive on-chain adoption makes it the eighth-largest blockchain within 24 hours post-launch. The instant impact also reflects in its native XPL token price action.
As seen in the CoinMarketCap chart below, XPL price rallied 35% on Friday, trading as high as $1.43, with a peak market cap of $2.5 billion and daily volume exceeding $5 billion. An imminent XPL community campaign cited in its latest partnership announcement with Bybit could potentially intensify the market frenzy.
Plasma (XPL) Price Action | Source: CoinMarketCap
On Thursday, Bybit, the world’s second-largest exchange by trading volume, confirmed it will list XPL and enable Tether
USDT
$1.00
24h volatility:
0.0%
Market cap:
$173.54 B
Vol. 24h:
$134.07 B
deposits and withdrawals through Plasma with zero transfer fees.
For the first time, the world’s largest crypto exchange brings crypto’s largest lending protocol into its Earn suite, powered by Plasma.
280M+ Binance users can now earn with Plasma USD₮ via Aave’s lending rails, with more incentives ahead.
The future is bright, on Plasma. https://t.co/wp9GAMASUc pic.twitter.com/QYOv1DXxfq
— Plasma (@Plasma) September 25, 2025
Bybit is also rolling out a community campaign to incentivize early XPL adoption. According to the press release, the “XPL Tokensplash” rewards program allocates 9 million XPL tokens to users through deposit, trading, and staking activities.
New participants can earn up to 300 XPL each, while existing users qualify for prize pools by trading or depositing USDT via Plasma.
Beyond the rewards program, Bybit also offers Plasma users zero-fee USDT withdrawals, staking yield up to 100% APR for new users and a separate $100,000 USDT lucky draw for depositors, creating additional incentives for onboarding.
Plasma’s 35% price rally on its first day trading has sparked interest in other early-stage projects like Maxi Doge (MAXIDOGE), offering outsized profit opportunities through high-leverage strategies.
Maxi Doge Presale
The Maxi Doge presale is currently priced at $0.000259 and has already raised more than $2.5 million of its $2.8 million target. With just hours left before the next price tier, prospective investors can still participate through the official Maxi Doge presale website.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Ibrahim Ajibade is a seasoned research analyst with a background in supporting various Web3 startups and financial organizations. He earned his undergraduate degree in Economics and is currently studying for a Master’s in Blockchain and Distributed Ledger Technologies at the University of Malta.
The co-founder and CEO of Blockstream has issued a stern warning to critics of Bitcoin’s
BTC
$111 338
24h volatility:
2.1%
Market cap:
$2.22 T
Vol. 24h:
$58.87 B
peer-to-peer (P2P) node network.
Building on his extensive experience in the blockchain industry, he argued that undermining the decentralization of P2P nodes is a great threat to the core sovereignty that Bitcoin (BTC) was built to uphold.
Adam Back started his post on X by stating that “Those who refuse to learn from history are doomed to repeat it.”
He continued by establishing that running decentralized and anonymous P2P nodes is the hinge for individual sovereignty. The Blockstream executive noted that the principle of decentralization is supported by decades of empirical evidence and legal precedents.
Those who refuse to learn from history, are doomed to repeat it. Running p2p nodes, too decentralized and anonymous to stop, is what defends individual sovereignty. Self-watering down p2p systems won’t help them stay robust, it’s just a slippery slope. Arguing decentralization…
— Adam Back (@adam3us) September 25, 2025
Over the past 16 years since Bitcoin’s launch, the coin has relied on its decentralized architecture to resist censorship and withstand attacks.
According to Back, the recent criticism of P2P nodes represents a “slippery slope” toward centralization.
This debate has grown out of rising discontent with Bitcoin Core, the software that powers the network’s nodes. Developers have faced criticism for allegedly centralizing control and overriding user preferences.
Back, however, emphasized that the ecosystem is supported by a diverse mix of nonprofits, volunteers, and contributors from around the world.
The crypto pioneer opines that any change that is made to this existing system will jeopardize the security and stability of the blockchain. Hence, safety must be the basis for making technical decisions and not just public opinions or politics.
This is not the first time that an idea from Bitcoin Core developers has been met with opposition.
In April, the team proposed a change to OP_RETURN, an initiative that changes how the largest cryptocurrency handles transaction data. It would allow higher volumes of arbitrary data to travel across the network before it even reaches the blockchain.
However, it raised concerns among top players in the industry. Cardano
ADA
$0.79
24h volatility:
4.1%
Market cap:
$28.93 B
Vol. 24h:
$1.73 B
founder Charles Hoskinson shared an impactful yet sarcastic GIF in response to the proposal.
This is because the change can bring along slower transaction times, overloaded nodes, and long-term blockchain bloat.
In other news, PayPal launched a new P2P “links” feature for instant payments, with crypto integration for Bitcoin, Ethereum, and PYUSD coming soon.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.