#plasma $XPL

The XPL symbol refers to two different financial assets: the Plasma (XPL) cryptocurrency token and the stock for Solitario Resources Corp (XPL).

Plasma (XPL) Cryptocurrency

The current price of the Plasma (XPL) cryptocurrency is approximately $0.14 USD, reflecting a decrease of about 7-9% in the last 24 hours. Plasma is a Layer-1 blockchain designed for fast, low-cost stablecoin payments.

Key Insights

Purpose: Plasma aims to be the native chain for stablecoin payments, offering zero-fee transfers for currencies like USD₮.

Token Usage: XPL is the native utility and governance token used for staking, validator rewards, and on-chain governance. It is not required to hold XPL to make basic stablecoin transactions on the network.

Recent Trends: The token's price has been volatile since its mainnet launch in September 2025, falling significantly from its all-time high of around $1.68. The price movement is often tied to market liquidity and token unlock schedules.