Binance Resumes Plasma (XPL) Airdrop Amid Trading Launch

Binance has announced that the Plasma (XPL) token airdrop will resume on its platform, with distribution starting at 19:45 (UTC+8) on September 25, 2025.

This distribution impacts the crypto market by influencing trading volumes for XPL, offering retroactive rewards to BNB holders, and introducing new spot trading pairs.

Binance Integrates XPL with New Trading Pairs

The Plasma (XPL) token airdrop resumes at 19:45 (UTC+8) on September 25, 2025, allowing eligible users to claim rewards. Binance leads this initiative, emphasizing the commitment to expanding its cryptocurrency offerings. Eligible participants include BNB holders, with distributions reflecting holdings in Binance’s Simple Earn program.

The broader implications include the addition of new trading pairs, including XPL/USDT and XPL/BNB. This impacts liquidity as Binance reopens spot trading for XPL. Spot trading for XPL began at 13:00 UTC, linked to several key stablecoins like USDT and USDC, enhancing market engagement.

“Plasma (XPL)—a Layer-1, EVM-compatible chain for high-volume, low-cost stablecoin payments—joins HODLer Airdrops; trading opens Sept. 25 at 13:00 UTC with spot pairs XPL/USDT, XPL/USDC, XPL/BNB, XPL/FDUSD, XPL/TRY. Retroactive rewards go to BNB holders in Simple Earn/On-Chain Yields during eligibility window.” – Binance XPL Event Page

Official comments from Binance confirm these details, however, no public statements from major KOLs or industry experts have been issued as of now. Regulatory bodies and major institutional investors have not publicly reacted to the resumption of the XPL airdrop.

Market Impact as Plasma (XPL) Gains Traction

Did you know? Past Binance airdrops involving BNB holdings saw increased trading activity and market engagement among new digital assets, establishing a trend of heightened interest followed by stabilization.

Plasma (XPL), trading at $1.22 with a market cap of 2,197,523,556, shows growth with a 7-day increase of 46.84% despite a 24-hour price decrease of 9.69%. The fully diluted market cap stands at 12,208,464,202, as reported by CoinMarketCap. Current trading volume is 4,487,205,986, highlighting active market movement.

Coincu’s research team notes that this airdrop could enhance Binance’s user engagement, potentially influencing regulatory discussions on airdrops. Technologically, Plasma’s Layer-1 compatibility supports stablecoin transfers, signifying the launch’s strategic importance for decentralized finance expansion globally.