#plasma $XPL Plasma is a Layer 1 built mainly for stablecoin movement, not for chasing every new app trend. It’s EVM compatible through Reth, so existing Ethereum tools should feel familiar, and it aims for sub-second finality using PlasmaBFT. The design is clearly centered on stablecoins, with things like gasless USDT transfers and the option to pay fees in stablecoins instead of a volatile token. Security is tied to Bitcoin, which looks like an attempt to stay neutral and harder to censor over time.

This is the part I’d pay attention to: Plasma isn’t trying to be everything at once, it’s focusing on settlement and payments, which is where real volume usually comes from. Retail users in high-usage regions and payment firms seem like the obvious targets. It won’t replace general-purpose chains overnight, but as a rails-focused network, it’s worth keeping an eye on how it’s actually used.