The long-awaited Plume Genesis crypto network has finally launched and is now live. For a long time, Plume worked on bridging the gap between RWAs and DeFi, and it is now becoming a reality. The token price took a dive, dropping more than 10% after the announcement. Can it recover?
Welcome to the future of RWAfi.
Plume Genesis is now live.
Your mainnet journey begins at https://t.co/31dYciabhR. pic.twitter.com/MLv2vDV4JM
— Plume – RWAfi Chain (@plumenetwork) June 5, 2025
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Plume Genesis Crypto Launch and the Coin Price Action
Plume Network is a Layer 1 blockchain platform that integrates real-world assets into the blockchain. On June 5, Plume Network dropped the news about its Plume Genesis mainnet launch, a blockchain made for RWAfi. It’s designed to let tokenized real-world assets work smoothly with DeFi protocols.
The Plume mainnet will also back yield-bearing RWAfi assets, reward systems, and other DeFi incentives. Plus, Plume’s planning to bring in alternative asset classes like art, trading cards, and even luxury items. Plume’s claiming that over 200 projects are building on the network, including Morpho, Curve, and more.
Curve is up on @plumenetwork! https://t.co/gQGyc2Oih3
— Curve Finance (@CurveFinance) June 5, 2025
All of this comes after Yzi Labs (formerly Binance Labs) pumped an undisclosed amount into the project during a private funding round. Later, they raised another strategic undisclosed funding with Apollo Global Management.
Plume also mentioned they’re actively speaking with policymakers in the U.S. and worldwide to stay on the right side of regulations. They’ve had meetings with the U.S. Department of the Treasury, the SEC, and regulators in Europe and the UAE.
The price action didn’t go as expected; Plume dropped over 10% on the daily chart. This happened for a few reasons, with the biggest one being the overall market performance, so the announcement might’ve just come at a bad time.
As of now, Plume has a market cap of 288M and is doing over 50M in daily volume. It’s listed on major exchanges like Bybit, Gate, KuCoin, and MEXC.
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Solaxy: Presale About To End In 11 Days, The Layer That Will Change Solana Forever
The Solaxy universe is expanding every day. 🪐🛸
44M Raised! 🔥 pic.twitter.com/yIRZinZAPR
— SOLAXY (@SOLAXYTOKEN) June 4, 2025
Solaxy ($SOLX) is about to hit $44 million in its presale and just dropped the first-ever public testnet for Solana Layer-2.
With just 12 days until launch, Solaxy’s token debut is expected to boost Solana ($SOL) and attract long-term investor interest.
Solaxy’s an L2 that helps devs build dApps and connect with users, easing Solana’s load and unlocking its full potential, much like Arbitrum did for Ethereum.
Right now, the $SOLX presale is your chance to get in at the lowest price. Tokens are going for $0.001744, but they’re going to keep going up every two days as the sale heads into its final stretch.
Presales that pull in cash fast and get loads of investor hype usually blow up 5x to 10x after launch. The savvy whales often scoop up these projects under the radar to maximize their gains. Just recently, one whale grabbed over $400k worth of $SOLX on the Ethereum chain. Click here for the transaction ID.
Click Here To Get In The Presale; Very Limited Time Left.
Connect with the huge SOLX Online community on X and Telegram.
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Key Takeaways
- Plume Genesis mainnet integrates real-world assets with DeFi, raising funds from Yzi Labs and Apollo Global.
- Despite a 10% price drop, Plume has a $288M market cap and strong exchange listings with great potential.
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