KEY TAKEAWAYS
- Kraken has listed Plasma (XPL) for trading, enhancing its digital asset offerings.
- Plasma (XPL) is a Layer 1 blockchain focused on stablecoin transactions, supporting digital dollar issuers.
- Trading via Kraken’s App and Instant Buy will be available once liquidity conditions are met.
- Kraken maintains confidentiality on future listings, advising users to check their Listings Roadmap for updates.
Kraken, a prominent cryptocurrency exchange, has announced the listing of Plasma (XPL) for trading on its platform. Trading for XPL went live on September 25, 2025, marking a significant addition to Kraken’s diverse range of digital assets.
Plasma (XPL) is an EVM-compatible Layer 1 blockchain designed to facilitate high-volume, low-cost stablecoin transactions. It focuses on supporting digital dollar issuers and promoting stable asset adoption within the competitive Layer 1 landscape. This strategic listing aligns with Kraken’s commitment to providing a wide array of trading options for its users.
To begin trading XPL, users can navigate to the ‘Funding’ section on Kraken’s platform, select XPL, and proceed with the ‘Deposit’ option. It is crucial for users to ensure that their tokens are deposited into networks supported by Kraken, as deposits made using unsupported networks may result in loss of funds.
Trading Conditions and Future Listings
Kraken has noted that trading via the Kraken App and Instant Buy will become available once liquidity conditions are met. This means that a sufficient number of buyers and sellers must be present in the market for efficient order matching. Additionally, geographic restrictions may apply to XPL trading, depending on the user’s location.
Regarding future asset listings, Kraken maintains a policy of confidentiality until shortly before launch. While the exchange plans to expand its offerings, it does not disclose details about potential future listings. Interested users can stay informed by checking Kraken’s Listings Roadmap and social media profiles for updates.
For more details on the XPL listing, visit the official announcement here.
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