XPL is a digital currency based on Plasma blockchain technology, designed to facilitate global financial transactions quickly and without fees. Here is some comprehensive information about XPL:
Overview
- XPL is the native currency of the Plasma network, which is a first-generation blockchain designed to support global financial transactions.
- XPL aims to redefine how money moves, focusing on transparency, speed, and no fees.
distribution
- total supply: 10 billion XPL
- 10% of the total supply (1 billion XPL) was sold during the public sale.
- 40% of the total supply is allocated to network growth and collaboration.
- 25% of the total supply is allocated to investors.
- 25% of the total supply is allocated to the founding team.
uses
- XPL is used to facilitate transactions on the Plasma network.
- XPL can be used to support the network through transaction verification.
- XPL is also used to incentivize participation in the network.
current price
- the current price of XPL is approximately 0.1442 USD.
- the market capitalization of XPL is approximately 259.57 million USD ¹.
technology
- XPL is based on Plasma blockchain technology, designed to facilitate global financial transactions quickly and without fees.
- XPL uses a consensus algorithm called Proof of Stake (PoS) to confirm transactions.
- XPL features high security features, such as strong encryption and transaction verification.
founding team
- the founding team of XPL consists of experts in technology and finance.
- XPL is headquartered in Hong Kong.
partnerships
- XPL has partnerships with several companies in the technology and finance sectors.
- these partnerships aim to enhance the use of XPL in global financial transactions.
the future
- the XPL team plans to develop more features and services to enhance user experience.
- XPL aims to become one of the leading digital currencies in the world.
