The XPL Plasma token is the native digital asset of the Plasma blockchain, a Layer-1 network designed to enable fast, secure, and low-cost transactions with a strong focus on stablecoin efficiency. Plasma aims to bridge traditional finance and blockchain technology by offering high throughput, near-instant settlement, and compatibility with Ethereum-based smart contracts. Within the ecosystem, XPL is used to pay transaction (gas) fees, stake for network security, and reward validators who help maintain consensus and reliability. The token also plays a role in governance, allowing holders to participate in decisions related to protocol upgrades and ecosystem development. With a capped supply and a utility-driven design, XPL is positioned as a core component of Plasma’s mission to support scalable payments, decentralized applications, and global financial use cases.#xpl #plasma