Price Increase

Plasma (XPL) is a Layer 1 blockchain project focused on stablecoin infrastructure, aimed at providing an efficient, zero-fee payment network for stablecoins like USDT. The project is set to launch the beta version on the mainnet in September 2025, deeply supported by Tether and Bitfinex. Core features include protocol-level paymaster sponsorship of gas fees (enabling zero-fee transfers for USDT), EVM-compatible execution layer (based on Reth), PlasmaBFT consensus (sub-second confirmation, 1000+ TPS), and a native BTC bridge to enhance security. The project's positioning is clear: focusing on high-frequency stablecoin payments, cross-border settlements, and merchant applications, rather than generic scenarios. The supporting Plasma One application facilitates stablecoin storage, yield, and payment card functionalities. Currently, the TVL maintains at the billion-dollar level, primarily from stablecoin liquidity.