Plasma, is a Layer-1 blockchain designed to optimize stablecoin transactions, offering zero-fee transfers, high-speed settlements, and Bitcoin-level security. Its primary goal is to create a global financial layer for stablecoins, focusing on speed, cost reduction, and seamless integration with traditional finance.
*Key Features:*
- *Gasless USDT Transfers*: Plasma's protocol-managed paymaster system subsidizes gas fees for basic USDT transfers, allowing users to send stablecoins without holding XPL tokens.
- *Custom Gas Token Support*: Enables transaction fees to be paid in whitelisted assets like USDT or BTC, simplifying user experience.
- *Native Bitcoin Bridge*: Integrates a trust-minimized Bitcoin bridge, allowing BTC to flow into the network securely and be used in DeFi applications through pBTC ¹ ² ³.
*Tokenomics:*
- *Total Supply*: 10 billion XPL tokens
- *Circulating Supply*: 1.8 billion XPL tokens (approximately 18% of total supply)
- *Allocation*: 40% for ecosystem growth, 25% for team and investors, 10% public sale
*Recent Updates:*
- Plasma announced a new campaign offering 3.5 million XPL token voucher rewards.
- Integrated CoW Swap DEX and MassPay for increased volume, liquidity, and payment utility.
- Ranked #2 most bridged-to chain on Oku ³.
*Price Analysis:*
- Current price: $0.1401 (as of January 16, 2026)
- 24-hour trading volume: $77.88 million
- Market cap: $251.64 million$XPL
