Plasma (ticker XPL) is a native cryptocurrency token for the Plasma blockchain, a Layer-1 blockchain focused on global stablecoin payments and high-speed transactions. The project aims to make sending stablecoins (like USDT) fast, cheap, and scalable while combining security models from Bitcoin with smart-contract compatibility like Ethereum’s

  • Total supply: 10,000,000,000 XPL

  • Circulating supply: Roughly ~1.8 B (varies with market)

  • Tokens are distributed among:

    • Public sale (~10%)

    • Ecosystem & growth (~40%)

    • Team (~25%)
      Investors (~25%)
      Vesting and lockup periods apply to many allocations to encourage long-term development.

    • The protocol also uses a combination of inflation (initially ~5% annual rewards) and fee burning (similar to EIP-1559) to balance supply dynamics over time.@Plasma