$XPL is alive, but fading. It’s liquid enough to easily sell ($36.4m traded per day) — but unissued supply hangs over the price (fully diluted valuation 3.8x the market cap). The price is down 95% from its all-time high.
label capped: score says STRAINED, but coins down 95% don’t earn better labels than WEAKENING. why?
break-even from here: +1,760% $100 held here would need to become $1,860 just to get back — and 92 out of 100 coins that fall this deep never see their old high again.
LOW confidence — factors most predictive for L1 / Chain assets aren't all wired. Structural read is partial.
Recent risk alert signal on the record (2026-07-07) — not reflected in the score; check before acting.
01is anyone still building it?structural solvency / livenessPENDING
PENDING V1
can’t measure this honestly yet, so it doesn’t count toward the score — we don’t fake numbers.
02are holders staying or leaving?holder conviction & overhead supplyPENDING
PENDING V1
can’t measure this honestly yet, so it doesn’t count toward the score — we don’t fake numbers.
03could you actually sell?liquidity / exitability91/100
Easy enough to sell.
$36,370,537/24h · bin 10/1015.54% turnover · bin 9/10— tradeable.
04is anyone actually using it?usage / demandPENDING
PENDING V1
can’t measure this honestly yet, so it doesn’t count toward the score — we don’t fake numbers.
05how much more will be printed?supply overhang & emissions15/100
Heavy future supply hangs over the price.
26% of supply circulating · bin 2/10FDV/MC 3.8x · bin 2/10no max supply— heavy unminted/uncapped supply hangs over every holder — uncapped supply (perpetual emission risk, capped).
06how is it doing vs similar coins?relative strength / narrative70/100
Outperforming similar coins.
30d+5% · bin 8/10200d-34% · bin 7/10— outperforming its peer group.
terms used above — hover or tap any:
03 · COMMON QUESTIONSanswers generated from this coin’s frozen readout · not advice
Is Plasma ($XPL) dead?
Not dead, but fading. As of 2026-07-14, Plasma scores 63/100 on bagcheck’s structural aliveness scan — WEAKENING. Multiple systems are weakening. Aliveness measures whether the project still works, not whether the price recovers.
Is Plasma a good investment?
bagcheck doesn’t rate investments — this is information, not advice. What the frozen record shows as of 2026-07-14: a structural aliveness score of 63/100 (WEAKENING), a price 95% below its all-time high, a drawdown cohort (down 85-95%) in which historically only ~8% of coins ever reclaimed their high. What you do with that is yours.
Will Plasma ($XPL) recover?
Nobody can predict price, and bagcheck doesn’t try. Historically, of coins down 85-95% (3-year window), about 8% reclaimed their all-time high; break-even to ATH from the scan price needs +1,760%. The WEAKENING aliveness read says whether the project still works — a precondition for recovery, not a promise of it.
MEMBERS · ENGINE BOTTOM LINEthe engine’s verbatim verdict — not rendered publicly
