XPL (PLASMA) is developed around a vision where the token is directly linked to the development and functionality of the network. The XPL token is necessary for transaction fees, staking, and validator participation, making it a vital asset for anyone working within the PLASMA blockchain. Staking XPL secures the network while also rewarding those who play a role in securing the network in the long term. The token system is designed to promote holding and participating in the network rather than trading.
What distinguishes PLASMA is the emphasis of the team on execution and infrastructure. The key members of the team are more interested in protocol development, security on the network, and developer support, which makes the blockchain useful for real-world applications such as DeFi, on-chain applications, and scalable digital assets. Rather than being based on hype, the PLASMA team is more interested in making progress and growing with the help of the community. This makes XPL a long-term asset of the ecosystem rather than just another cryptocurrency.
