Plasma feels different to me, but the real question is when that difference fully shows. The way it treats fees stands out. Instead of seeing them as revenue, Plasma treats fees like user experience debt. That’s why USDT transfers are subsidized through protocol paymasters, and users don’t need to think about gas tokens at all.
Under the hood, XPL plays a quieter role through governance and validator participation. Inflation only activates once staking is live, which tells me the system is being paced deliberately rather than rushed.
With USDT0 support coming online, a Bitcoin-backed security model, and early custody integrations like Cobo, Plasma starts moving away from the idea of “just another chain.” It begins to look more like financial infrastructure slowly taking shape.
XPL
0.1019
-1.26%