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XPL crypto is trading at $0.1179, up about 34% over the past 24 hours, a rally that on paper shouldn’t be happening given what’s on the calendar today. Traders are staring down a token unlock that reads like a supply shock. Yet the chart tells a different story, and the divergence is worth unpacking before the presale angle even enters the conversation.
The catalyst is a scheduled release of 1.76 billion XPL tokens on September 25, 2026. At current prices, that’s worth roughly $207 million, or close to 39% of the 4.53 billion XPL now in circulation.
Alongside the unlock, Plasma also launched “Aurora,” a concierge and lifestyle layer tied to its Plasma One self-custody stablecoin card, with a three-tier reward structure that locks XPL for 12 months at the top tier. Trading volume has climbed to about $274 million over 24 hours, roughly half of XPL’s $534 million market cap, suggesting real capital is chasing this move rather than thin-book noise.
Markets often front-run bad news with good news, and that appears to be what’s happening here. The question now is whether this breakout has legs, or whether it’s the last liquidity grab before unlocked tokens hit exchanges.
$160M worth of tokens unlocked today. And this isn't a one-off – Team + Investors + Ecosystem allocations start unlocking continuously from late 2026, with steady supply increases throughout 2027-2028.
Current: 4.53B circ. supply, $519M mcap… pic.twitter.com/eZvzD7JFvy
— CeM 🔶 (@CemBNB) September 25, 2026
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Can XPL Crypto Price Hold Above $0.11 This Week?
On the daily chart, XPL crypto is testing the most important level it has faced all year. The price spiked to around $0.125 earlier today but was pushed back to $0.116, right below a zone where two resistances meet: the 200-day EMA at $0.1182 and the horizontal ceiling at $0.1182 that has capped XPL since February. Every rally into this zone, in March, April, and again in late June and July, has been rejected.
The 200-day EMA has been falling all year, so XPL now sits at its first real test of the long-term downtrend. On the positive side, the 50-day EMA at $0.0894 has turned up, and the price is now well above it. The bottom of the range at $0.0866, which has acted as support through most of the year, is holding.
- Bull case: a daily close above $0.118 would flip both the 200-day EMA and the range ceiling into support, opening the way toward $0.13–$0.14, levels last seen in April.
- Base case: XPL is rejected at $0.118 again and consolidates between $0.10 and $0.118 as the market absorbs the unlocked supply.
- Bear case: unlock selling pushes XPL back into the old range, toward the 50-day EMA at $0.089 and the $0.0866 support floor.
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XPL Rallies Into Dilution Day as Bitcoin Hyper Offers a Pre-Unlock Entry
A 30% daily jump looks great on a chart, but it tells only half the story. XPL is already a mid-cap token, and today it has to absorb roughly $200 million worth of newly unlocked supply. Buying a breakout on the same day as a major dilution event is a very different bet from getting in before a token has faced its first unlock. That’s why some traders look further upstream, at presale-stage projects that haven’t been tested by the open market yet.
Bitcoin Hyper is one of them. The project is building a Bitcoin Layer 2 with native Solana Virtual Machine (SVM) integration, aiming to combine smart contract speeds that rival Solana with the security of Bitcoin. Its Decentralized Canonical Bridge is designed to move BTC quickly without compromising Bitcoin’s trust model, a combination the ecosystem has so far struggled to deliver.
The presale has raised $33,158,656 so far, with tokens currently priced at $0.0136867. Early participants can also stake for rewards.
Additionally, the presale has been integrated into the popular Best Wallet mobile app. Users can find the token listed directly under the “Upcoming Tokens” tab.
To keep track of upcoming technical milestones, mainnet announcements, and ecosystem developments, you can follow Bitcoin Hyper on X and join their official Telegram channel.
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