๐ Why $XPL Is Up +20% Today: The โCreatorPadโ Finale
As of Feb 12, 2026, @Plasma Network $XPL is breaking out of its range with a +20% surge. While the market remains Bitcoin-focused, $XPL is decoupling for several key reasons:
Campaign Finale: The Binance Square CreatorPad promotion ends today. With a 3.5M XPL reward pool, trading volume has jumped past $100M as participants race for final rankings.
Short Squeeze: After weeks near its all-time low of $0.073, the sudden buying spike triggered short liquidations, adding fuel to the rally.
PayFi Narrative: Updates on the Plasma One banking product and near-zero fee USDT settlements are driving sentiment toward real-world utility, not just speculation.
The Takeaway: The โBig Bounceโ is happening, but expect volatility as rewards are distributed. ๐ก๏ธ๐