Kairos Research(@Kairos_Res):Plasma One's new Platinum card requires locking 100,000 plasma:native per cardholder At the current circulating supply of 2.51bn, every 2,500 upgrades absorb ~10% of the float, and 25,000 would consume all of it Only ~400 wallets hold 100k+ XPL today, so nearly every Platinum upgrade is a forced market buy That cohort has grown from 393 to 406 since the tiers went live, with the rise concentrated right at the 100k threshold, the accumulation has started

2026.06.13 14:30

Plasma One's new Platinum card requires locking 100,000 plasma:native per cardholder At the current circulating supply of 2.51bn, every 2,500 upgrades absorb ~10% of the float, and 25,000 would consume all of it Only ~400 wallets hold 100k+ XPL today, so nearly every Platinum upgrade is a forced market buy That cohort has grown from 393 to 406 since the tiers went live, with the rise concentrated right at the 100k threshold, the accumulation has started