The Layer-1 blockchain Plasma, which is specifically designed for stablecoins, continues to find more and more real-world applications and develop its ecosystem after the launch of its mainnet beta and native $XPL token on September 25, 2025, which marked a major milestone for the platform and attracted substantial liquidity and DeFi attention to the network. The Plasma blockchain is specifically designed for zero-fee USDT transactions and high throughput, aiming to address major pain points in cross-border payments and stablecoin adoption, which makes it stand out from traditional blockchains that are experiencing high fees and congestion.
Plasma has announced a strategic partnership with Daylight Energy to introduce GRID and sGRID tokens. The GRID token will serve as a fully backed stablecoin that can be redeemed through M0, while the sGRID token will provide yield opportunities that are linked to energy revenue, which not only expands the asset layer of the Plasma blockchain but also further cements the blockchain’s connection to the real world. After this announcement, the price of the native token $XPL experienced a substantial increase, reflecting market sentiment and trust in the growing utility and innovative token design of the Plasma blockchain.
