Hello everyone, this is the Dardion team, and we continue to review cool projects worth keeping an eye on! Today we have Plume Network, a project that has won the hearts of investors. RWA is trending, so PLUME is definitely worth a look!
What is Plume Network?
Plume Network is a blockchain platform focused on integrating real-world assets (RWA) into the decentralized finance (DeFi) ecosystem. Its goal is to bridge traditional financial instruments with blockchain technologies, providing a secure and efficient infrastructure for tokenizing and managing assets.
Key Features:
- Asset Tokenization: Plume allows the digitization of real-world assets — real estate, commodities, securities — and issues their analogs as tokens on the blockchain.
- DeFi Integration: Tokenized assets can be used in DeFi protocols — for lending, staking, trading, and other financial operations.
- Security and Legal Compliance: The platform emphasizes regulatory compliance and legal transparency, which is crucial for working with real-world assets.
Examples of Use Cases:
- Real Estate: Tokenizing real estate for fractional ownership and easier resale.
- Commodities: Digitizing resources like gold or oil for simplified trading.
- Securities: Bringing traditional financial instruments onto the blockchain, which adds transparency and liquidity.
The Plume Network Team
The Plume Network team consists of experienced professionals with backgrounds in traditional finance, cryptocurrencies, and technology. Key team members include:
- Chris Yin — Co-founder and CEO. Previously worked at Scale Venture Partners and Rainforest QA.
- Teddy Pornprinya — Co-founder and Chief Commercial Officer. Has experience working at Binance (BNB Chain) and Coinbase Ventures.
- Eugene Shen — Co-founder and CTO. Former Senior Software Engineer at dYdX and Robinhood Crypto.
- Tiffany Lung — Head of Marketing. Experience at Binance and Plug and Play.
- Jason Meng — Head of Business Development. Previously worked at LayerZero and Nansen.
- Ivy Kang — Head of Business Development. Experience at Galaxy Digital and JP Morgan.
- Victor Hernández — Community Manager. Previously worked at Binance and Bitso.
- Alex Palmer — Head of Product and Special Projects. Co-founder of Transfer Agent Protocol and Poet Network.
The team combines expertise in Web3, traditional finance, and real asset management, providing a comprehensive approach to developing Plume Network.
History and Development
Plume Network was founded in 2024 with the goal of creating a modular, Ethereum Virtual Machine (EVM)-compatible blockchain network specifically designed for tokenizing real-world assets. The network is built on Arbitrum Nitro and uses Celestia as a data availability layer, ensuring high compatibility with Ethereum and reducing gas fees.
Plume Network Partnerships and Funding
Funding Rounds
Plume Network successfully raised over $30 million in funding in 2024:
- May 2024 — Seed round of $10 million, led by Haun Ventures, with participation from Galaxy Ventures, Superscrypt, SV Angel, Portal Ventures, A Capital, Coinbase Ventures, Robot Ventures, and Goldentree Asset Management.
- December 2024 — Series A round of $20 million, with participation from Brevan Howard Digital, Haun Ventures, Lightspeed Faction, Apollo Crypto, Superscrypt, Third Kind Venture Capital, Arca, Portal Ventures, Robot Ventures, and P2 Ventures.
The funding is directed towards scaling the network, launching the mainnet, and developing the infrastructure for tokenizing real-world assets.
Strategic Partnerships
Plume actively builds its ecosystem by partnering with major players in Web3 and TradFi:
- Celestia — Used as the data availability layer, providing a modular architecture and reducing gas costs.
- Arbitrum — Plume is built on Arbitrum Nitro, ensuring EVM compatibility and scalability.
- LayerZero — Integration with a cross-chain protocol for ensuring interoperability between tokenized RWAs and other blockchains.
- Chainlink — Used as an oracle to obtain reliable external data required for working with real-world assets.
- Coinbase Ventures and Binance Labs (as investors) — Strengthen trust in the project and provide potential liquidity in the future.
Ecosystem
Currently, over 180 projects are developing on Plume’s testnet, including solutions for:
- Real estate,
- Private lending,
- Collectibles,
- Commodities,
- Insurance.
Plume aims to become the “ecosystem hub for RWAs,” where launching tokenized assets is possible in just a few clicks — while adhering to regulatory requirements and automatic integration with legal structures through partners.
Latest News and PLUME Listing
- Listing on Bybit: In January 2025, the PLUME token was added to Bybit’s spot trading platform with a prize pool of 40 million tokens.
- Event Participation: Plume actively participates in industry events like TOKEN2049 in Dubai and conferences focused on the RWA ecosystem.
- AMA Sessions: Regular Q&A sessions are held on X (formerly Twitter), with the latest one on April 24.
PLUME Token, Tokenomics, and Current Metrics
The PLUME token is the native asset of the Plume Network Layer 1 blockchain, focused on tokenizing real-world assets (RWA). Below are key aspects of PLUME’s tokenomics and current metrics as of May 1, 2025:
Current PLUME Metrics:
- Price: $0.1915
- Market Capitalization: $382.4 million
- 24-hour Trading Volume: $25.98 million
- Circulating Supply: 2,000,000,000 PLUME (20% of total supply)
- Max Supply: 10,000,000,000 PLUME
- Fully Diluted Valuation (FDV): $1.92 billion
- All-time High: $0.247 (March 19, 2025)
- All-time Low: $0.0848 (January 21, 2025)
- Next Token Unlock: May 21, 2025, with 108.34 million PLUME (1.08% of total supply)
PLUME Tokenomics
The total supply of PLUME tokens is 10 billion. Token distribution is as follows:
- 59% — for ecosystem development
- 21% — for early investors
- 20% — for early participants
The initial circulating supply was 20% of the total supply. Token unlocks follow a pre-determined schedule, with the next one set for May 21, 2025.
Additional Information
- Token Contract (Ethereum): 0x4C1746A800D224393fE2470C70A35717eD4eA5F1
- IEO Date: January 21, 2025
- IEO Price: $0.10
- ROI Since IEO: ~1.92x (+91.6%)
Price Prediction for PLUME 2025-2050
2025 Prediction:
- Minimum Price: $0.088
- Average Price: $0.191
- Maximum Price: $0.896
- Expected Growth: up to +367%
2030 Prediction:
- Minimum Price: $0.243
- Average Price: $0.622
- Maximum Price: $1.20
- Expected Growth: up to +527%
2040 Prediction:
- Minimum Price: $0.576
- Average Price: $1.72
- Maximum Price: $1.93
- Expected Growth: up to +697%
2050 Prediction:
- Minimum Price: $1.30
- Average Price: $1.72
- Maximum Price: $3.00
- Expected Growth: up to +238%
Why Are Investors Interested in PLUME?
- Unique Niche: The First Modular L2 for RWA Plume Network is the first L2 network tailored for the tokenization of real-world assets (RWA), including real estate, gold, stocks, and debt. This sector is currently booming, with major players like BlackRock and Franklin Templeton entering this space. PLUME solves a key problem — bridging TradFi and DeFi within Ethereum using modular architecture.
- Support from Leading Venture Capitalists The project has received investments from Vitalik Buterin (co-founder of Ethereum), as well as from Galaxy, Founders Fund, 6th Man Ventures, Superscrypt, A Capital, and Archetype. This signals deep due diligence and high market trust.
- Native Integration with RWA Infrastructure Plume is already in partnerships with projects like Goldfinch, Centrifuge, Maple Finance, Canto, LayerZero, and Wormhole. These aren’t just alliances — these are full-fledged integrations with live flows of tokenized assets working within the real economy.
- Advanced Architecture and Modularity The network is built on OP Stack and Celestia (DA), providing scalability, customization, and low fees. This makes Plume a competitive solution for those looking to issue and trade RWAs without the limitations seen in centralized systems.
- Expected Growth of the RWA Sector in 2025-2030 RWA is one of the main narratives of the next bull run, and Plume is at the forefront of this movement. In 2024, tokenized assets amounted to over $7 billion, and analysts predict growth to $16+ trillion over the next decade.
Conclusion
Plume is not just another modular L2 on Ethereum. It’s an entry point into the real crypto business, where real assets are traded — from real estate to bonds. But will it hold up in such a market? One can only hope, but with Trump in the picture, things could get ugly. Still, expecting a solid 2-5x isn’t out of the question.
As always — DYOR, NFA, and don’t throw in your last funds.
Your Dardion <3
