@Plasma #plasma $XPL 📌 Core roles of XPL:
⚡ Transaction fees: Used to pay fees on the Plasma network (similar to ETH on Ethereum). �
Cryptohopper
🔐 Staking & security: Validators stake XPL to secure the network and earn rewards. �
Cryptohopper
🗳️ Governance: Planned future use to help holders vote on protocol upgrades. �
CoinRank
Plasma aims to combine stablecoin utility, low fees, and high throughput, positioning itself as a high-performance blockchain for global payments and DeFi. �
MEXC
📊 Key Stats (Feb 2026)
Price:
Around ₨30 PKR per XPL (~$0.10 USD). �
CoinGecko
Market Cap:
Roughly $170 million USD. �
CoinMarketCap
Token Supply:
Total supply: 10 billion XPL. �
CoinMarketCap
Circulating: ~1.8 billion XPL. �
CoinMarketCap
All-time high:
Around $1.68 USD in late 2025. �
CoinMarketCap
XPL trades on major exchanges and has experienced significant volatility — typical for newly launched crypto tokens. �
CoinMarketCap
🧠 How It Works
Plasma’s model:
Designed for global stablecoin transfers, aiming to make cross-border digital money movements cheap and fast. �
MEXC
The network supports features like gasless USDT transfers for simple wallets while still using XPL for more complex actions. �
Cryptohopper
It’s an EVM-compatible Layer 1, meaning many Ethereum-based tools and apps could work with it. �
MEXC
💡 Current Opportunities & Risks
Why some investors are interested:
Positioned for stablecoin/DeFi growth with a blockchain focused on real-world payment use cases. �
MEXC
Held / traded on multiple major exchanges. �
CoinMarketCap
Important risks to know:
Like all crypto, XPL is highly volatile — prices can move sharply up or down. �
CoinMarketCap
Early adopters should do their own research (DYOR) — check official whitepaper,
contract addresses, and exchange listings.