Plasma (XPL) is the native token of the Plasma blockchain, a high‑throughput Layer‑1 chain focused on zero‑fee stablecoin payments, validator staking, and institutional‑grade infrastructure.
After debuting in late 2025 with prices above $1.60, XPL has since corrected sharply and trades around ≈ $0.09–$0.10 USD amid broader crypto weakness.
The coin has seen significant volatility since launch, experiencing big swings driven by mainnet launches, exchange listings, and speculative volume.
Market cap remains in the hundreds of millions, though far below peak levels, and trading volumes suggest active interest despite the downtrend.
Near‑term outlook depends on ecosystem adoption, stablecoin usage growth, and whether key support levels hold amid market sentiment.


XPL
0.0887
+10.18%