#plasma $XPL XPL is the native cryptocurrency (coin) of the Plasma blockchain, a blockchain built to support fast, low-cost stablecoin transactions and decentralized applications. It’s similar to how ETH is used on Ethereum — it’s the main token that powers the network. �
CoinDesk +1
Key points about XPL (simple):
• It is the core token of the Plasma blockchain. �
• Used to pay fees for transactions and smart contract actions on the network. �
• Staked to secure the network — holders who stake XPL help validate transactions and earn rewards. �
• Also used as a reward token for validators. �
• The total supply of XPL is 10 billion tokens. �
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Cryptohopper
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In short: XPL is the utility and staking coin that makes the Plasma blockchain run. @Plasma