- The Plume price rose 15% as bulls re-emerged amid a broader market rebound.
- News that Plume registered a transfer agent has helped bolster bullish sentiment.
- Bulls may target the token’s all-time high of $0.24.
The native token of Plume Network, PLUME, gained double-digit percentage points and reached intraday highs of $0.13 as regulatory developments tied to the U.S. Securities and Exchange Commission (SEC) provided support.
Plume’s registration as a transfer agent with the SEC positions the platform as a compliant gateway for tokenized real-world assets, a move that could renew interest in its token.
Plume secures SEC designation as transfer agent
At the heart of PLUME’s rally is the recent announcement on October 6 that Plume Network has registered with the U.S. Securities and Exchange Commission as a qualified transfer agent for tokenized securities.
This designation marks a meaningful advancement for the modular layer-2 blockchain, which focuses on financing real-world assets (RWAfi).
As a registered entity, Plume can now legally oversee issuance, transfers and recordkeeping of digital securities on-chain. That capability opens the door for smoother integration with established U.S. financial infrastructure.
Traditionally, transfer agents act as record-keepers for shareholders, handling ownership transfers, dividend distribution and corporate actions off-chain. The space has typically been dominated by legacy institutions.
Plume’s innovation lies in automating these functions through distributed ledger technology, ensuring immutable transparency while connecting cap tables to SEC reporting systems and the Depository Trust & Clearing Corporation (DTCC).
The foundation’s already in place.
We’ve already onboarded 200K+ RWA holders and more than $62M in tokenized assets on @NestCredit within just three months.
Our transfer agent now gives issuers and asset managers the tools to scale onchain securely.
— Plume – RWAfi Chain (@plumenetwork) October 6, 2025
With growing adoption, Plume’s status could catalyze large-scale on-chain migration. Its role in bridging TradFi and blockchain ecosystems has the potential to drive meaningful upside.
Plume Network price jumps 15%, signaling potential breakout
As crypto markets show renewed bullish momentum, PLUME climbed to multi-week highs with a 15% gain, ranking among the day’s stronger performers.
Trading data indicate the token rebounded from lows near $0.10 to intraday highs of $0.13.
Notably, PLUME moved into a vertical rally on the Monday when news of the SEC milestone reached the market, helping bulls overcome a key resistance level that had kept the token range-bound for an extended period.
That supply zone between $0.09 and $0.105 limited upward moves through much of the prior week.
Broader market uncertainty amid macroeconomic pressures remained a headwind.
However, a Bitcoin recovery toward fresh highs helped restore investor confidence across smaller ecosystems, lifting the altcoin higher.
Momentum in the tokenized real-world asset sector also supported the bullish case.
What’s next for PLUME price?
After a pullback toward $0.11, another test of the $0.10 area—and potentially $0.09—could offer bulls a fresh opportunity to mount a decisive rebound.
Daily trading volume surged dramatically, rising 786% to more than $235 million, which points to strong liquidity and heightened market activity.
PLUME chart from TradingView
Bulls may keep an eye on $0.24, PLUME’s historical high reached in March 2025.
Price action has also been influenced by correlated moves in other RWA-focused tokens such as Ondo Finance. When Plume disclosed its SEC nod, Ondo similarly benefited from positive momentum after announcing the completion of its acquisition of Oasis Pro.
That development helped Ondo secure approvals for broker-dealer, ATS and SEC-registered transfer agent functions—further validating regulatory progress across the tokenized asset sector.
Overall, Plume’s regulatory milestone and rising on-chain activity have renewed attention on the token and the broader RWA narrative, creating conditions for further upside if market participation continues to grow.