Trading volume is 2.8× normal
At today's pace, XPL trades about 2.8 times its 30-day average volume. Heavy volume means many traders are acting on the move, which makes it more meaningful.
why / xpl
Is Plasma up or down today?
Plasma (XPL) is roughly flat today at +0.3% over 24 hours. Trading volume is running at 2.8× its 30-day average. That is 2.8% better than the whole crypto market (−2.5%), so part of the move is specific to Plasma.
XPL 24h+0.31%
Whole market 24h−2.49%
Bitcoin 24h−2.61%
Link to BTC (30d)0.74
Volume vs normal2.8×
Layer 1 (L1) sector−2.74%
signals
What is moving Plasma
Strongest signals first.
Doing better than the market
The total crypto market is −2.5% in 24 hours. XPL is +0.3%, 2.8% better than the market, so part of the move is specific to Plasma.
Why is the crypto market moving? →Follows Bitcoin closely
Over the last 30 days, XPL's daily moves had a 0.74 correlation with Bitcoin (1 means identical direction). It usually follows Bitcoin, which is −2.6% today.
Bitcoin price →The Layer 1 (L1) sector is down
Plasma is part of the Layer 1 (L1) sector, which is −2.7% today. XPL is moving against its sector, which points to coin-specific news or trading.
Layer 1 (L1) sector →Weak month
XPL is −3.3% this week and −21% over 30 days, so today's move goes against the monthly trend.
Market mood: Fear (30)
The Crypto Fear & Greed Index reads 30 out of 100, down from 51 yesterday. Sentiment is not extreme either way.
Fear & Greed Index →Liquidations, funding and open interest
See whether leveraged traders are being forced out of XPL positions right now, on the chart, in the Blockdeck app.
See VIP layers →next
Keep exploring Plasma
faq
Questions
Is Plasma up or down today?
Plasma (XPL) is roughly flat today at +0.3% over 24 hours. Trading volume is running at 2.8× its 30-day average. That is 2.8% better than the whole crypto market (−2.5%), so part of the move is specific to Plasma.
Will Plasma go back down?
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: XPL is −3.27% over 7 days and −21.13% over 30 days. Check the live chart and the signals above, and never trade more than you can afford to lose.
How is this explanation made?
From measured market data, refreshed every few minutes: the whole market's move, XPL's link to Bitcoin over 30 days, its sector, trading volume against its 30-day average, recent news, where the price sits in its range, and market sentiment. Nothing here is guessed or written by hand.
Explanations are built from market data and are not financial advice.