Plasma (XPL) is the native cryptocurrency token of the Plasma blockchain, a high-performance Layer 1 network specifically designed for stablecoin payments (especially USDT/Tether) at global scale.Key Details About Plasma Coin (XPL)
Purpose: Plasma is built from the ground up for fast, low-cost (often zero-fee) stablecoin transfers, instant payments, and better scalability than many existing chains. It combines Bitcoin-backed security with full EVM compatibility (you can deploy Ethereum smart contracts without changes).
Current Price (as of mid-January 2026): Approximately $0.14 USD (prices fluctuate; recent 24h change around -1% to -2%).
Market Cap: Around $250–300 million USD.
Ranking: Typically in the top 150–250 cryptocurrencies.
24h Trading Volume: Usually $45–50 million USD.
Circulating Supply: ~1.8–2.1 billion XPL (total supply around 10 billion).
Launch: The token generation event (TGE) happened in September 2025.
Here are some visual examples of the current Plasma (XPL) price charts and token information from popular tracking sites:(These show live price charts and market data for XPL.)Main Features of the Plasma Network
Zero-fee USDT transfers → Gas fees sponsored on-chain (you don't need XPL to send stablecoins).
Consensus: Uses PlasmaBFT (advanced version of HotStuff) for fast finality and high throughput.
Use Cases: Perfect for remittances, merchant payments, DeFi, and global stablecoin economy.
Where to Buy/Trade: Available on major exchanges like Binance, Bybit, Bitget, and others.
Note: There are some unrelated or meme coins also called "Plasma" (like $PLASMA memecoin), but the main and most valuable one right now is XPL from the official Plasma.to blockchain project.
