Plasma blockchain is designed to be:
✔ EVM-compatible — meaning developers can deploy Ethereum-style smart contracts.
✔ Stablecoin-focused — optimized for high-volume, low-cost transfers.
✔ Fast with high throughput and bridges to other networks (such as Bitcoin).
📉 Market & Adoption Notes
XPL launched on major exchanges like Binance and OKX in Sept. 2025 and briefly traded over ~$1.50 with a multi-billion $ market cap at debut.
After launch, the token’s price saw significant decline as network activity and sentiment dropped, though development continues.
Tokens are allocated to support ecosystem growth, liquidity incentives, and partnerships.
📊 Tokenomics (Supply & Distribution)
Total supply: 10 billion XPL at launch.
Distribution highlights:
~40% for ecosystem growth & incentives
~25% to founders/team
~25% to early investors
~10% to the community/public sale
Tokens have lock-up schedules and vesting periods to control supply over time.
XPL is the native token of the Plasma blockchain — a new Layer-1 blockchain designed for fast, scalable stablecoin payments and smart contracts. It’s similar in role to ETH on Ethereum or SOL on Solana.
🔶 Main Uses of XPL
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Gas / Transaction Fees
XPL is used to pay fees for transactions and smart contract execution on the Plasma network — though simple stablecoin transfers can be gasless via protocol features.
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Staking & Network Security
The Plasma blockchain uses a P
