#plasma XPL Coin, the native token of the Plasma network, is currently in a consolidation phase after a volatile launch period. Introduced in late 2025, Plasma aims to support fast, low-cost stablecoin transactions and DeFi activity, with XPL used for gas fees, staking, and network incentives. The token entered the market with strong hype and a high valuation, but early profit-taking, token unlocks, and reduced speculation led to a sharp price correction. @Plasma
Despite this decline, development on the Plasma ecosystem continues. The team is focused on expanding stablecoin infrastructure, improving network performance, and onboarding partners. XPL is listed on multiple exchanges, maintaining liquidity and market visibility. Recent price movements suggest early signs of stabilization as long-term investors assess value at lower levels.
Going forward, XPL’s performance will depend on real network adoption and sustained usage. If Plasma achieves meaningful growth, XPL could gradually recover as a utility-driven asset.


XPL
0.1035
+0.77%