#plasma $XPL What is XPL? – Plasma Network Token

XPL is the native token of Plasma, a Layer-1 blockchain built to make stablecoin payments fast, cheap, and scalable.

Plasma aims to become a global settlement layer for digital dollars, allowing near-instant transfers with very low fees. The XPL token is used to:

• Pay transaction fees

• Secure the network (validators & staking)

• Incentivize ecosystem growth

• Power bridges and DeFi apps on Plasma

The goal of Plasma is to combine the security of Bitcoin with the speed of modern blockchains, creating an infrastructure optimized for real-world payments and financial applications.

In short:

XPL = the fuel of Plasma’s blockchain economy. 🚀