Plasma (XPL) is a Layer-1 blockchain designed for high-throughput payments while maintaining full compatibility with the Ethereum ecosystem. Its architecture is optimized for stablecoin transfers and fast settlement, making it suitable for large-scale financial and payment use cases without sacrificing decentralization or developer familiarity.
Plasma achieves full EVM compatibility by using Reth, a high-performance Ethereum execution client written in Rust. Reth implements the Ethereum Virtual Machine exactly as defined on Ethereum, ensuring identical smart contract execution, opcode behavior, and state transitions.
Because of this native EVM support, developers can deploy Solidity and Vyper smart contracts on Plasma without modifying their code. Standard Ethereum development tools such as MetaMask, Hardhat, Foundry, Remix, and ethers.js work seamlessly, allowing easy migration of existing dApps.
By combining Reth’s Ethereum-grade execution layer with Plasma’s fast and efficient consensus mechanism, Plasma delivers Ethereum-level compatibility while achieving higher throughput, faster finality, and a payment-focused network optimized for real-world financial applications.
