Plasma Network: Improving Scalability and Performance in Blockchain
Plasma is a blockchain project designed to address one of the biggest challenges in crypto: scalability. As blockchain adoption grows, networks need to handle more transactions without becoming slow or expensive. Plasma focuses on creating an environment where transactions can be processed quickly and efficiently.
The $XPL token is central to the Plasma ecosystem. It is used for network fees, participation, and supporting overall network operations. By incentivizing users and validators, XPL helps maintain security while ensuring smooth performance.
Plasma’s approach is practical and utility-driven. Instead of chasing hype, the project aims to strengthen blockchain infrastructure so developers and users can interact with decentralized applications more reliably and at lower costs.