🚀 **Why $XPL
Is Up Over 20% Today: CreatorPad Peak Moment**
As of **Feb 12, 2026**, **@Plasma Network’s $XPL** has broken free from its long-held range, printing a sharp **+20% move**. While most attention has been locked on Bitcoin, $XPL is moving independently due to several key drivers:
* **Campaign Wrap-Up:** Today is the final day of the **Binance Square CreatorPad event**. With **3.5M XPL** in rewards at stake, activity has exploded, pushing trading volume beyond **$100M** as traders fight for top spots.
* **Short Liquidations:** After spending weeks pinned near its record low around **$0.073**, the sudden surge in demand forced a wave of short positions to unwind rapidly.
* **PayFi Shift:** Fresh developments around **Plasma One’s banking solution** and **near-zero cost USDT transfers** are redirecting focus from hype to practical use cases.
**Bottom Line:** A strong rebound is underway, but expect sharp swings as incentive distributions roll out. Stay alert. 📈🛡️