Binance Alpha Launches Plasma (XPL) Trading and Airdrop on September 25

2 mins mins

TL;DR

Binance Alpha will launch Plasma (XPL) trading on September 25, 2025, at 11:00 UTC. Eligible users need Binance Alpha Points for the airdrop of 180 XPL tokens. Claim requires points and confirmation; unconfirmed claims are forfeited. The project raised $75.05M, including $51.05M from public sales.

Detail	Information
Token Name	Plasma
Symbol	XPL
Launch Platform	Binance Alpha
Airdrop Start Time	Sep 25, 2025, at 11:00 (UTC)
Eligibility Threshold	Users with Binance Alpha Points
Claim Cost	15 Binance Alpha Points
Reward per User	180 XPL tokens
Distribution Method	Two phases over 24 hours
Threshold Adjustment	Decreases by 15 points every hour in Phase 2
Confirmation Deadline	24 hours

Binance: 200 Users Can Claim XPL Airdrop

Binance Alpha is set to launch Plasma (XPL) as the first platform to offer this token. Trading begins on September 25, 2025, at 11:00 UTC, initiating an airdrop event for eligible users.

To participate, users require 200 or 100 Binance Alpha Points, depending on the phase. Participants can claim 180 XPL tokens, with the distribution handled on a first-come, first-served basis. Each claim costs 15 points.

The eligibility threshold decreases by 15 points hourly during the last phase if not fully claimed. This adjustment aims to distribute remaining tokens effectively within the designated timeframe.

For example:

Time (UTC)	Min. Alpha Points Required
11:00	200 points
12:00	185 points
13:00	170 points

Users must confirm claims on the Alpha Events page within 24 hours. Failure to do so results in forfeited rights to the airdrop, allowing the distribution to proceed to subsequent eligible claimants.

What Is Plasma (XPL)?

Plasma, a cryptocurrency using Solana technology, launched in 2024. Originally on Solana, it does not explicitly expand to other platforms yet. The project is noteworthy for its meme category tag.

Plasma serves within the ecosystem primarily for transactions and memetic engagements. Its total supply is 42,069,000,000,000,000 tokens, facilitating diverse use cases across the Solana platform.

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