Plasma (XPL) is a Layer 1 blockchain built specifically for stablecoin payments, offering zero-fee USDT transfers and custom gas tokens. It's designed to make sending stablecoins fast, cheap, and global, targeting everyday finance, especially in emerging markets ¹.
On Binance, you can trade XPL spot or explore leveraged options. Staking XPL also lets you earn rewards, contributing to the ecosystem's stability. Plasma's mainnet launched with $2 billion in liquidity, rapidly scaling to over $5.5 billion in total value locked within its first week, demonstrating strong market demand ² ³.
Key Features:
- Zero-Fee USDT Transfers: Eliminates gas costs for simple sends and receives.
- Custom Gas Tokens: Supports ERC-20 tokens like USDT or BTC for transaction fees.
- Native Bitcoin Bridge: Enables trust-minimized BTC integration for smart contracts.
Market Performance:
XPL's current price is around $0.129, with a 24-hour trading volume of $87 million. Its market cap is approximately $265 million.
Earning Opportunities:
Binance offers XPL earning products, including a USDT Locked Product with daily USDT rewards and XPL airdrops. You can also participate in campaigns like Binance Square for XPL token vouchers.
Would you like to know more about Plasma's tokenomics or how to stake XPL on Binance?
