Tokens to be Unlocked: 88.89 million XPL (0.89% of total supply)
%Circulating supply- 4.52%
Total Supply- 10 billion XPL
With a market value of roughly $11-12 million, native token Plasma (XPL) of a stablecoin-focused Layer 1 blockchain is slated for a major cliff unlock on December 25, 2025. Estimates vary from $11.49M to $11.75M across publications like Tokenomist and BeInCrypto. Among the bigger unlocks in the week’s $268M+ wave alongside initiatives like Humanity (H), this event accounts for around 0.89% of the whole 10 billion token supply and about 4.5% of the present circulating supply of roughly 1.8-2 billion tokens. As the abrupt multi-percent rise in circulating supply could foster profit-taking if sentiment weakens, analysts point out possible short-term selling pressure and increased volatility — especially in thin holiday liquidity.
