#plasma $XPL
🔋 *What is Plasma (XPL)?*
Plasma (XPL) is a *decentralized finance (DeFi) cryptocurrency* built on blockchain technology. It aims to provide *fast, secure, and scalable transactions* with low fees. The token is often used within specific ecosystems for staking, governance, or as a utility token for services.
Key Features of Plasma (XPL):
1. *Scalability*: Uses layer-2 solutions (like sidechains) to handle high transaction volumes.
2. *Security*: Leverages Ethereum/Polygon-like networks for decentralization.
3. *Use Cases*: Payments, DeFi protocols, NFT platforms, or gaming.
4. *Supply*: Check official docs—supply varies (e.g., fixed or inflationary).
5. *Exchanges*: Might be listed on decentralized (DEX) or centralized exchanges (verify via CoinGecko/CoinMarketCap).