#plasma $XPL

Plasma (XPL) is the native utility token of the Plasma blockchain, a high-performance Layer 1 network specifically designed to optimize stablecoin transactions. Officially listed on Binance in September 2025, the token serves three primary functions: securing the network through staking, governing protocol upgrades, and acting as the "gas" for complex smart contract interactions.Like many new Layer 1 tokens, XPL is considered a high-risk asset. Its price is often influenced by "token unlock" events, where new supply is released into the market.Would you like me to look up the current market price or recent trading volume for XPL on Binance?