PLUME has surged by 38.22% within the past 24 hours, supported by robust on-chain activity and optimistic technical indicators.
On September 11, 2025, PLUME soared by 38.22% in a single day to hit $4.732. This represents an extraordinary 3805.49% gain over the past week, a 4250.83% increase in a month, and an impressive 2595.26% surge compared to a year ago. This dramatic growth highlights rising investor optimism and strong activity across the network.
The latest rally in PLUME’s price is largely driven by a surge in on-chain indicators. Metrics such as transaction counts and the number of unique wallet addresses have both reached record levels, reflecting greater user participation and adoption. Additionally, blockchain data reveals a movement of tokens from short-term traders to long-term holders—a trend often linked to greater price stability and the potential for sustained appreciation.
Technical indicators further reinforce this positive outlook. PLUME is currently trading above its 200-day moving average, a widely watched sign of enduring strength. The Relative Strength Index (RSI) remains high, pointing to persistent upward momentum, while the Moving Average Convergence Divergence (MACD) recently signaled a robust bullish crossover. Taken together, these technical signals suggest a strong upward trend with no immediate indication of reversal.
Market experts suggest that if the present technical and fundamental trends persist, the upward movement could be maintained, especially if network usage continues at its current rate. Nonetheless, given the speed of this rise, short-term volatility is possible, particularly if broader market conditions shift or investors begin to take profits.
Backtest Hypothesis
To gauge whether PLUME’s recent uptrend is sustainable, a backtesting
