When I step back and look at Plasma’s design, the incentive structure feels deliberate.
Holders, validators, users, and the Foundation all move in the same direction.
If the network works, everyone benefits.
What gives XPL meaning is not narrative, but function.
Its value rises or falls with real usage and real security.
You can trace that link clearly...
Over the long term, nothing is abstract here.
If Plasma is adopted, XPL matters.
If it isn’t, the token has no place to hide.