XPL, also known as Plasma, is a Layer 1 blockchain designed for global stablecoin payments, offering zero-fee USDT transfers and EVM compatibility. Its key features include a trust-minimized Bitcoin bridge, custom gas tokens, and a Proof-of-Stake consensus mechanism ¹ ² ³.
Key Highlights:
- Zero-Fee USDT Transfers: Plasma enables users to send stablecoins without holding native tokens for gas.
- EVM Compatibility: Seamless deployment of Ethereum dApps and smart contracts.
- Bitcoin Integration: Trust-minimized bridge for BTC usage in DeFi applications ² ¹.
Market Performance:
XPL's price is currently $0.1319, with a 24-hour change of +0.15%. The token has seen significant growth, with a 1-year increase of 38.60% ⁴ ⁵.
Future Outlook:
Predictions suggest XPL may reach $0.152690 by 2029, representing a 15.76% growth rate. However, upcoming token unlocks in July 2026 may impact price stability ⁴ ⁶.
