$XPL is the native token of the Plasma blockchain, a high‑throughput network focused on stablecoin transactions, gas fees, staking, and validator rewards, with a 10 billion total supply and support on major exchanges like Binance and OKX. After debuting with a strong market cap (above $2 billion at launch) and early trading interest, $XPL has seen significant price volatility and sell‑offs as hype fades and network activity slowly builds.

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