XPL is the native token of the Plasma blockchain, a Layer-1 network built specifically for fast, low-cost stablecoin transactions, aiming to be the premier infrastructure for global digital payments by combining Bitcoin-level security with Ethereum's flexibility (EVM compatibility). XPL secures the network through Proof-of-Stake, pays for complex network functions (gas), rewards validators, and enables governance participation, acting as the core asset for this new financial system.

