Plasma (XPL) is a specialized Layer 1 blockchain designed for high-frequency, zero-fee USD stablecoin transfers, featuring EVM compatibility and a native Bitcoin bridge (pBTC). As of February 2026, the XPL token is priced around $0.083-$0.084, acting as the gas and staking asset for the network's Proof-of-Stake validator system.
Key Aspects of Plasma (XPL):
Purpose: Engineered for instant, low-cost payments and as a "Neobank" for stablecoins.
Performance: Utilizes PlasmaBFT consensus for high-speed, final transactions.
Token Utility: XPL is used for transaction fees (gas), network security via staking, and governance.
Market Context: Following its late 2025 launch, XPL experienced significant volatility and high trading volume.
Ecosystem: Backed by institutional investors, including Tether's Paolo Ardoino, and supports over 25+ stablecoins, with significant USD₮ balances.
The network aims to function as a gateway for global,,,
real-time financial transactions. $XPL
