Wrapped Pulse (WPLS) is a wrapped version of the native $PLS token from PulseChain—a public blockchain that originated as a fork of Ethereum. Designed to enhance interoperability and expand utility across decentralized platforms, WPLS brings the core value of PulseChain into broader DeFi ecosystems. This article provides an in-depth look at WPLS, including real-time price data, market statistics, supply metrics, and investment considerations for 2025.
Whether you're exploring new altcoins or tracking cross-chain assets, understanding WPLS offers valuable insight into how Ethereum-based forks are evolving in today’s crypto landscape.
What Is Wrapped Pulse (WPLS)?
Wrapped Pulse (WPLS) is an ERC-20 compatible token that mirrors the value of PulseChain’s native cryptocurrency, PLS. By wrapping PLS into WPLS, users gain access to Ethereum-compatible decentralized exchanges (DEXs), lending protocols, and yield farming opportunities without selling their underlying assets.
This mechanism functions similarly to other wrapped tokens like WBTC (Wrapped Bitcoin), enabling cross-chain liquidity while preserving price parity. Since PulseChain shares technical similarities with Ethereum due to its forked architecture, WPLS plays a crucial role in bridging communities and capital between these networks.
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WPLS Live Price & Market Overview
As of July 3, 2025, the current price of Wrapped Pulse (WPLS) stands at $0.000022855782**, with a 24-hour trading volume of **$5.34 million. The token is actively traded across multiple decentralized exchanges, reflecting growing interest in PulseChain-related assets.
| Metric | Value |
|---|---|
| Current Price | $0.000022855782 |
| 24h Change | -0.56% (-$0.000000129646) |
| Circulating Supply | 7,703.39 billion WPLS |
| Max Supply | Not applicable |
| Market Cap | $176.07 million |
| Rank on CoinMarketCap | #278 |
While WPLS maintains a relatively low individual price, its massive circulating supply places it within the mid-tier range of cryptocurrencies by market capitalization.
Historical Price Performance
What Was the All-Time High for WPLS?
The historical peak for Wrapped Pulse (WPLS) was $0.00003121, reached during a surge in mid-2024 following increased integration with major DEX aggregators and cross-chain bridges. As of now, the current price reflects a ~26.7% decline from this high.
Despite short-term volatility, WPLS has demonstrated resilience amid broader market corrections, maintaining consistent trading volume and community engagement.
What Was the All-Time Low?
The lowest recorded price for WPLS was $0.00001891, observed shortly after its launch in early 2023. This period coincided with limited exchange listings and lower awareness outside niche developer circles.
Since then, strategic partnerships and improved wallet support have helped stabilize and gradually increase demand for the token.
Supply Metrics: Circulating and Maximum Supply
The total circulating supply of WPLS is 7,703.39 billion tokens, all of which are currently in circulation. Unlike some deflationary models, WPLS does not enforce a fixed maximum supply cap, meaning future issuance could occur based on network activity and bridging demand.
However, because WPLS is pegged 1:1 to deposited PLS reserves, new tokens are only minted when users lock up their native PLS through verified bridges. This mechanism ensures that supply growth remains tied directly to actual usage rather than arbitrary inflation.
This design prioritizes transparency and collateral-backed issuance, aligning with best practices in wrapped asset frameworks.
Market Capitalization and Ranking
With a current market cap of $176.07 million, Wrapped Pulse ranks #278 among all cryptocurrencies by valuation. This positions WPLS as a mid-cap digital asset—offering moderate liquidity with potential for higher volatility compared to large-cap coins like Bitcoin or Ethereum.
Mid-cap tokens like WPLS often attract speculative investors seeking growth opportunities beyond established projects. However, they also carry elevated risk due to lower trading volumes and fewer institutional holdings.
Understanding these dynamics is essential when assessing whether WPLS fits your portfolio strategy.
Is Wrapped Pulse (WPLS) a Good Investment?
Investing in Wrapped Pulse (WPLS) comes down to evaluating both technical fundamentals and broader ecosystem momentum.
Key Considerations:
- Ecosystem Growth: PulseChain continues to expand its developer base and dApp offerings, indirectly boosting demand for WPLS.
- Cross-Chain Utility: As more users seek exposure to non-Ethereum chains while remaining within familiar DeFi environments, wrapped assets like WPLS gain relevance.
- Volatility Risk: Like most low-price, high-supply tokens, WPLS can experience sharp swings based on sentiment or whale movements.
- Regulatory Uncertainty: As with all wrapped tokens, questions around custodial control and bridge security remain ongoing concerns.
Always conduct thorough research (DYOR) before investing. Analyze long-term trends, monitor on-chain activity, and assess the health of the underlying PulseChain network.
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Frequently Asked Questions (FAQ)
What is the difference between PLS and WPLS?
PLS is the native cryptocurrency of the PulseChain network, used for gas fees and staking. WPLS is a wrapped version of PLS, issued on Ethereum-compatible blockchains (typically as an ERC-20 token), allowing PLS holders to use their assets in DeFi applications such as Uniswap or Aave.
How can I buy Wrapped Pulse (WPLS)?
You can purchase WPLS on decentralized exchanges like Uniswap, SushiSwap, or PulseX via cross-chain bridges. First, ensure you have PLS in a compatible wallet (e.g., MetaMask), then use a trusted bridge service to wrap your PLS into WPLS.
Is WPLS backed 1:1 by PLS?
Yes. Each WPLS token is fully backed by one PLS locked in secure smart contracts or custodial bridges. Users can redeem WPLS for native PLS at any time through unwrapping processes provided by official platforms.
Does WPLS have a maximum supply?
No, WPLS does not have a predefined maximum supply. New tokens are minted only when users deposit PLS into authorized wrapping services, ensuring supply scales directly with demand.
Can I earn yield with WPLS?
Yes. Due to its ERC-20 compatibility, WPLS can be used in various yield-generating protocols including liquidity pools, lending platforms, and staking vaults on Ethereum and compatible Layer-2 networks.
Is Wrapped Pulse centralized?
While the PulseChain network itself operates decentralized consensus mechanisms, the wrapping process may involve centralized bridge operators depending on the platform used. Always verify the decentralization level and audit status of any bridge before use.
Final Thoughts: The Future of WPLS in DeFi
Wrapped Pulse (WPLS) represents a practical solution for integrating alternative blockchain ecosystems into mainstream DeFi workflows. Its ability to bring PulseChain’s native asset into Ethereum’s rich application layer enhances capital efficiency and user choice.
As cross-chain infrastructure matures, assets like WPLS will likely play increasingly important roles—especially for communities aiming to maintain sovereignty while accessing wider markets.
For investors and developers alike, monitoring adoption trends, bridge security updates, and integration milestones will be key to understanding WPLS’s long-term viability.
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