September Sell-Off Highlights Risk, While XPL Listing Carnival Offers Engagement

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The crypto market endured a steep downturn in September, erasing over $160 billion in value. Bitcoin fell below $111K, Ethereum faced notable losses, and leveraged positions exceeding $1.7 billion were liquidated across altcoins. Interestingly, Plasma ($XPL) has simultaneously launched a Listing Carnival on BingX from Sept 24 to Oct 4, 2025, featuring $110,000 in XPL rewards for trading and depositing. While market volatility remains high, this event provides a potential entry point for cautious investors looking to explore emerging layer-1 projects focused on stablecoin infrastructure, particularly with XPL’s zero-fee transactions and Bitcoin-anchored security.