Plasma (XPL) is a Layer-1 blockchain designed for high-throughput, low-cost, and secure stablecoin payments, featuring PlasmaBFT consensus, EVM compatibility, and a Bitcoin bridge. Launched in 2025, XPL acts as the native token for transaction fees and security, with significant exposure via Binance listing and HODLer airdrops.
Key Details About Plasma (XPL) on Binance:
Purpose: Built for near-instant, zero-fee stablecoin payments (especially USDT).
Technology: Uses PlasmaBFT, aiming for <1s transaction finality.
Binance Integration: Listed on Binance, with trading pairs like XPL/USDT. It was featured in Binance Earn’s On-Chain Yields and HODLer airdrops.
Tokenomics: As of early 2026, it has a circulating supply of ~1.8B XPL and a total market cap around $150M USD.