XPL tokens are distributed as rewards to validators for maintaining and verifying the blockchain.
4. Incentives & Growth
A portion of the token supply is allocated to ecosystem growth, liquidity incentives, and development.
📊 Tokenomics (Supply & Distribution)
Total Supply: 10 billion XPL.
Public Allocation: ~10% for public sale.
40% reserved for ecosystem & growth initiatives.
25% allocated to team & developers (with vesting).
XPL debuted on major exchanges like Binance, OKX, Bitfinex, and others with significant initial interest.
Its market cap initially reached billions at launch, though the price has been volatile and has seen notable declines since launch, reflecting speculative trading and adoption challenges.
⚙️ Plasma Network Focus
Plasma’s goal is to become a stablecoin-optimized blockchain that supports fast, cheap transfers and deep liquidity for stable assets — potentially enabling global payments, DeFi tools, and financial rails that traditional systems struggle with.XPL is the native token of the Plasma blockchain — a Layer-1 blockchain built to support stablecoin transactions, DeFi, and scalable smart contract activity. It functions somewhat like ETH on Ethereum or SOL on Solana.
📌 Key Uses of XPL
1. Gas & Transaction Fees
XPL is used to pay gas fees for transactions and smart contract operations on the Plasma network.
2. Staking & Security
Validators stake XPL to secure the network. Being part of Plasma’s proof-of-stake consensus, staking earns rewards for validators and supports network integrity.
3. Validator Rewards
XPL tokens are distributed as rewards t
