Name & Symbol: Plasma — XPL token. �
🔹 Network: Native token of the Plasma blockchain, a purpose-built Layer-1 chain optimized for stablecoin payments. �
🔹 Purpose: Used for transaction fees, staking/validator rewards, and governance on the network. �
🔹 Total Supply: 10 billion XPL total. �
🔹 Key Features of Plasma Network:
• Zero-fee USDT transfers and fast settlement (sub-second finality). �
• EVM compatibility (Ethereum-style smart contracts). �
• Designed for high-volume stablecoin use cases like payments and remittances. �
🔹 Use Cases: Pay fees for non-free transactions, participate in staking, and help secure the network. �
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In short, Plasma’s XPL is the utility token powering a high-performance blockchain built to make global stablecoin transactions fast, cheap, and scalable. �@Plasma $XPL #Plasma