Why did Plasma go up 12.1% on October 30, 2026?
XPL's move can't be compared with Bitcoin's yet; the figures below describe the move, not its cause. This is XPL's largest 24-hour rise in 28 days. No XPL report was collected from the day before to the day after; the cause is unresolved.
What may have driven the move
No clear cause was found for this move.
What was checked
No project news or market data found so far explains this rise. Bitcoin fell while only 7 of 31 tracked coins moved at least a third as far in the same direction, so the wider market does not account for it (S5).
The initiating event and timing remain unknown; the available derivatives and order-book snapshots do not establish what drove the move.
Looked at the 24 hours to Oct 31, 2026, 00:08 UTC
- Day open / close
- $0.07254 → $0.0813224 hourly candles, OKX · USDT
- Day range
- $0.0699 – $0.0818817.1% from low to high
- Versus the past month
- Its largest 24h rise in 28 days+12.06% in the 24 hours to Oct 31, 2026, 00:00 UTC, 4.3× a typical day (2.8%).
- 30-day range
- 21.4% below the high · 20.8% above the lowFrom hourly highs and lows on the same venue
- Other tracked coins
- 10 of 22 others also rose 4.0% or more3 fell that much
- 24h volume
- 1.8×of its prior 30-day daily average
- Where it traded
- Binance 25% · LBank 9% · Bybit 8%
- Perpetual swap
- funding positive · open interest flatOKX perpetual swap XPL-USDT-SWAP
Computed from OKX · USDT hourly candles for the 24 hours to Oct 31, 2026, 00:00 UTC. Methods →
XPL timeline around October 30, 2026
Largest closed hourly move: +4.00%, Oct 30, 2026, 19:00–20:00 (UTC).
How often has this happened before?
Since 2025-09-25, XPL has risen 10% or more in a UTC day 17 times on Gate · USDT daily closes, counting moves within 7 days of each other once. Seven days later it was higher in 5 of 17 cases, with a median change of -13.18%. This is history, not a forecast.
| After the move | Cases | Higher | Median change |
|---|---|---|---|
| Next day | 17 | 8 | -1.01% |
| 7 days later | 17 | 5 | -13.18% |
| 30 days later | 17 | 5 | -20.62% |
Latest 10 episodes: 2026-09-24, 2026-09-03, 2026-08-20, 2026-07-03, 2026-06-25, 2026-06-11, 2026-05-28, 2026-04-13, 2026-04-01, 2026-03-16 (UTC)
One venue’s daily closes, before costs; the coin’s own survived history, so it says nothing about coins that no longer trade. Past episodes are not a forecast.