#plasma $XPL

Plasma (XPL)—often referred to as the Xpl Blockchain—is a high-performance Layer 1 (L1) network purpose-built to serve as the foundational infrastructure for global stablecoin payments. Launched in late 2025 and seeing significant expansion in early 2026, it aims to solve the friction inherent in general-purpose blockchains like Ethereum, such as high gas fees and slow finality, specifically for digital dollar transactions.