🔍 What Is XPL & Current Conditions
Some important facts about XPL:
°XPL is the native token of the Plasma blockchain, which focuses on stablecoin transfers and DeFi.
°Total supply of 10 billion tokens, with a circulation of about 1.8 billion tokens currently.
°Token function:
• Gas for transactions & smart contracts.
• Staking / rewards for validators.
°Integration / support from major platforms: Binance, Aave, Chainlink.
°TVL (Stablecoin locked – total stablecoin locked) is quite large from the start, over $2 billion.