XPL is the native token of the Plasma blockchain, a Layer‑1 network built for stablecoin payments and fast, low‑fee transactions.
The token currently trades around ~$0.08 USD, down sharply from its all‑time highs near $1.68–$1.69 reached in 2025, reflecting deep sell‑offs after launch hype.
Plasma’s market cap sits near $145M, with significant trading volume showing ongoing interest despite price weakness.
Price swings have largely tracked broader crypto sentiment rather than strong project‑specific catalysts lately.
Technical posture remains bearish with occasional short‑term bounces; clear support exists near recent lows around ~$0.07–$0.08.
Long‑term outlook depends on ecosystem adoption of Plasma’s stablecoin use cases and on‑chain growth.
@Plasma $XPL #XPLToken #xpl