What Is XPL (Plasma Network)? A Beginner’s Guide

XPL is the native token of Plasma Network, a blockchain ecosystem designed to deliver fast, scalable, and low-cost transactions. Plasma focuses on solving common blockchain problems such as high gas fees, slow transaction speeds, and limited real-world usability.

By using advanced scalability solutions, Plasma Network enables developers to build decentralized applications (dApps) for DeFi, gaming, NFTs, and enterprise use. XPL plays a central role in the ecosystem, powering transactions, staking, governance, and network security.

Plasma Network’s goal is simple: make blockchain practical for everyday users, not just crypto experts.