XPL is the native utility and governance token for Plasma, a Layer 1 blockchain built for large-scale stablecoin payments and EVM compatible smart-contracts. It enables zero-fee USDT transfers through a paymaster system, while still requiring XPL for other transactions, staking and validator incentives. The total supply is 10 billion XPL, with a tiered unlock schedule and inflation starting around 5% and tapering to ~3%. The project targets high throughput, sub-second finality, and bridging of Bitcoin security and Ethereum flexibility to enable programmability of money.
If you like, I can pull the latest market data, burn / inflation stats, and recent news for XPL.
