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XPL
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$Eigen has risen 27% in the past 24 hours, ranking second among the top 200 tokens by market capitalization (after Singapore Aster), and has risen 31% in the past 7 days, making it one of the best-performing altcoins during this period.
There are two main positive news recently, and they have begun to gradually ferment. The first one wrote more, in the proxy payment protocol (AP2) released by Google a few days ago, the partners are listed, among which there are @eigenlayer @ethereumfndn @MetaMask @coinbase and @Mysten_Labs from the currency circle, the AP2 protocol will lay the foundation for the payment system in the AI agent economy, this cooperation is more convincing, of which in addition to the two giants of ETH and Sui, the two giants that have issued coins, It's $Eigen.
In addition, on-chain data shows that Grayscale has deposited 3,200 ETH to 67 new addresses, which is widely speculated that the pledge of ETH ETFs is about to progress, and it is also good for the re-pledge track.


0xSun
As mentioned earlier, at the end of August, it was observed that ETH's leading effect was weakening. In the medium and long term, I am still optimistic about ETH, but it seems that there is a lack of momentum recently, and after thinking about it, I gradually exchanged 30% of the ETH long position to several altcoins, which I think the fundamentals are very good and in line with the current mainstream narrative target, to enrich the long portfolio.
I chose $XPL, $Hype, $ENA, $Eigen, $Bonk and $Ondo, which I am still watching, and will take the time to write about the reasons why I am optimistic about them, and this article will talk about @eigenlayer first.
In the past two months, it can be found that there are many ETH-based copycats in the strong currency, which is very logical. The ETH altits are divided into several categories, mainly L2-related, DeFi-related and Restaking-related, and the first two types of high-quality targets have risen a lot.
The launch of EigenCloud has made Eigen not only the number one re-staking protocol and the fastest DA protocol, but also the number one verifiable cloud system that can complete on-chain or off-chain tasks, which is also the key direction of their future development.
In addition, after leading the B round of investment last year, A16Z invested an additional $70 million in June this year, and ETHZilla chose to re-pledge $100M worth of ETH, all of which are good for the entire ecosystem. It can also be seen from the price trend that in the past period of time, $Eigen has been a relatively strong currency in the ETH system.

September 18
Daily Morning Update and Summary from Nine Brother
✅️ Market Trends
BTC shows strong performance, with some altcoins surging
The Federal Reserve cuts interest rates by 25 basis points
✅️ Market Highlights:
1⃣ Bn launches U-based #0G perpetual contract pre-trading, priced at 2.68U. Currently, Binance's pre-contract also includes a stablecoin project #XPL, priced at 0.68, with little recent volatility.
2⃣ The decentralized trading platform Aster announces that the ASTER token will be launched for trading today at 20:00 on Aster Spot, and users can now claim ASTER tokens and receive them directly in their Aster Spot trading accounts.
3⃣ BNB rose this morning to reach $995.44, setting a new historical high. Pay attention to BNB ecosystem tokens following suit; today #FORM is on the rise, but yesterday's surging #TST and others are leading the decline.
4⃣ CME will launch Solana and XRP futures options on October 13, 2025.
5⃣ W is up, as Wormhole announces the W token 2.0 upgrade, optimizing the token unlocking mechanism from annual to bi-weekly unlocking.


🚨 A collection of Crypto explosive information from last night, 1 point to get market focus!
1⃣ #BTC, #ETH, #SOL表现强势, some altcoins rose sharply, and the crypto market sentiment was optimistic, perhaps due to a 25 basis point rate cut in September, the Federal Reserve restarted the pace of interest rate cuts, and Powell's speech reflected a moderate dovish + gradual interest rate cut path. Note that U.S. stocks are mixed, and there may be variables in the short term~
2⃣ #HYPE rose above $58 to hit another all-time high. #PUMP The market capitalization exceeded a new high of 8.4 billion. These two projects have been very strong recently, and the market is FOMO such as "significant revenue" projects.
3⃣ #BNB This morning's rise hit a record high of $995.44. Pay attention to the BNB ecosystem token to follow suit, and today #FORM is on the list of gainers, but yesterday's surge of #TST and others led the decline.
4⃣ The native token of Aster, a decentralized trading platform, #ASTER, briefly surpassed $0.42, more than 10 times higher than the opening. However, the coin has not yet been listed on Binance. The heat is super high!
5⃣Binance launched U-M #0G perpetual contracts for pre-market trading, quoting 2.68U. At present, Binance also has a stablecoin project #XPL in the pre-market contract, quoted at 0.68, which has not fluctuated much recently.
6⃣ The stablecoin project founded by the co-founder of Tether #STBL, Binance Alpha went online and detonated a nearly 20-fold increase, becoming a new breaking point in the BNB ecosystem.
7⃣ #EIGEN performed strongly, rising for 3 consecutive weeks, and related benefits include participation in Google projects, participation in AI construction, and a number of KOLs singing high-profile songs, but the community believes that this is advertising behavior.
8⃣ The U.S. SEC approves exchanges to speed up the listing process of Bitcoin and gold ETPs, and we will see more crypto ETFs come out.
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Latest news about Plasma (XPL)

Crypto Lender Maple Expands to Tether-Backed Plasma
The deployment marks first syrupUSDT launch beyond Ethereum as Maple targets $5B in assets by year-end.
15 Sept 2025|CoinDesk

XPL Futures on Hyperliquid See $130M Wiped Out Ahead of the Plasma Token's Launch
Open interest on Hyperliquid’s XPL market plunged from $160 million to $30 million in minutes as a trader-triggered price spike caused mass auto-deleveraging.
27 Aug 2025|CoinDesk

Plasma's $250M USDT Yield Program on Binance Filled in Less Than an Hour
The on-chain yield program quickly attracted investors with offering Plasma's XPL native token rewards.
20 Aug 2025|CoinDesk
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OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.