Plasma to Unlock 1.81 Billion XPL Tokens on September 25

Key Facts

1A total of 1,805,555,556 XPL tokens are scheduled for unlock on September 25, 2026, following a one-year lock-up period.

2The unlocked amount represents approximately 65 percent of the current circulating supply.

In a move that could exert technical pressure on emerging crypto asset supplies, the Plasma project is preparing to release a substantial volume of XPL tokens into the market. According to reports, 1,805,555,556 tokens are scheduled for unlock on September 25, 2026, marking the end of a one-year lock-up period. This release targets the allocations of early investors and team members, representing a significant shift in the token's liquid supply.

This event is particularly notable due to the scale of the new supply, as the scheduled unlock represents approximately 65 percent of the current circulating supply of XPL. Analysis indicates that such a massive injection of liquidity typically creates significant sell pressure, especially since these tokens have been strictly locked since September of the previous year. Investors are now evaluating the market's capacity to absorb this influx without severely impacting price stability.

Based on market data as of September 1, 2026, specific price levels for XPL are unavailable in the database, necessitating a focus on qualitative price action as the unlock date approaches. Regarding the economic calendar, there are no upcoming macro events directly linked to the token, leaving September 25 as the primary catalyst for price movement. Traders are advised to monitor support levels qualitatively to gauge the impact of this supply shock on market sentiment.