XPL
$0.23

Plasma (XPL) Price

$0.23
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Plasma (XPL) Price Today

The live price of Plasma is $0.23 USD. In the past 24 hours, the trading volume of Plasma was $135.1K USD, with a change of +31.95%. The current live price of Plasma has changed by 0% from its 7-day high of $- USD and by 0% from its 7-day low of $- USD. With a circulating supply of $0 XPL, the market cap of Plasma is currently -- USD, marking a 0% change in the last 24 hours. Plasma currently ranks 4037 by market capitalization.

Plasma (XPL) Market Data

Market Cap
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24h Volume
$135.1K
Circulating Supply
--
Maximum Supply
--
Fully Diluted Market Cap
--
Liquidity Indicator
--
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About Plasma (XPL)


What Is Plasma (XPL) and How Does It Work?


Plasma (XPL) is a next-generation Layer‑1 blockchain designed as a Bitcoin sidechain to deliver fast, secure, and fee‑free stablecoin transactions. It focuses on enabling seamless transfers of popular stablecoins like USDT, USDC, and DAI, making it ideal for payments, remittances, and DeFi applications. Built with full Ethereum Virtual Machine (EVM) compatibility, Plasma allows developers to deploy existing smart contracts without modification, unlocking a wide range of decentralized apps and services.

The network uses a Proof‑of‑Stake (PoS) consensus model, where validators stake XPL tokens to secure the chain and process transactions. To enhance security, Plasma employs periodic checkpoints that anchor its state to the Bitcoin blockchain, combining high throughput with Bitcoin’s proven resilience. Its native token, XPL, powers staking, governance, and minimal gas fees for non‑stablecoin transactions, while stablecoin transfers remain free. This unique design positions Plasma as a highly efficient and secure solution for stablecoin ecosystems and global money movement.

When Was Plasma Blockchain Launched?


Plasma (XPL) officially launched in mid‑2025, emerging from its inception in 2024 as a Bitcoin sidechain purpose-built for stablecoin use. The project began with private funding rounds, accumulating approximately $24 million from prominent investors like Peter Thiel (Founders Fund), Paolo Ardoino (Tether CEO), Framework Ventures, and Bitfinex. On June 9, 2025, Plasma kicked off its public token sale via Echo’s Sonar launchpad, offering 1 billion XPL tokens (10 % of the 10 billion supply) at $0.05 each, targeting a $50 million raise toward a $500 million fully diluted valuation (FDV).

In parallel, its public pre‑sale campaign attracted over $1 billion in locked stablecoin deposits, prompting the official ICO date of July 17, 2025, with vault lock-ups beginning July 14 and extending 40 to 365 days depending on jurisdiction. Following the sale, details around mainnet readiness and audits were announced: a third-party security audit is underway and a public testnet will follow the private one. The roadmap confirms that Plasma’s mainnet launch is scheduled for late summer 2025, likely August or September, after stablecoin integrations (USDT, USDC) and validator infrastructure are fully operational.

What Is the XPL Token Utility?


The XPL token is the native utility token of the Plasma blockchain, powering its core functions and ecosystem. It is used for staking by validators to secure the network and earn rewards, paying minimal gas fees for non-stablecoin transactions, and participating in governance decisions to shape Plasma’s future. XPL also serves as an incentive for early adopters and developers, with rewards distributed to those contributing liquidity, building dApps, or running validator nodes.

You can trade XPL tokens on BingX Spot Market by selecting the XPL/USDT pair in the Spot section. Place a Market order for instant execution or a Limit order to set your desired price, and your XPL tokens will be credited to your BingX wallet after the trade is completed.

What Is Plasma Tokenomics?


Plasma (XPL) has a total supply of 10 billion XPL tokens, designed to support network security, governance, and ecosystem growth.

XPL Token Allocation


• Public Sale: 10% (1 billion XPL) – Sold during the public token sale at $0.05/XPL


• Ecosystem Growth: 30% (3 billion XPL) – Reserved for DeFi incentives, dApp grants, and ecosystem development


• Staking Rewards: 25% (2.5 billion XPL) – Distributed to validators and delegators for securing the network


• Team & Advisors: 20% (2 billion XPL) – 12-month cliff followed by 36-month linear vesting


• Reserve Fund: 10% (1 billion XPL) – Held for unforeseen events and strategic partnerships


• Liquidity & CEX/DEX: 5% (500 million XPL) – Allocated to bootstrap liquidity on centralized and decentralized exchanges


How to Claim Plasma Airdrop


The Plasma airdrop is a community initiative tied to the “Stablecoin Collective” on Galxe, where early participants can complete tasks, earn roles like SC Contributor or Plasma OG, and potentially qualify for a future XPL token distribution. While the airdrop is not officially confirmed, it is highly anticipated as part of Plasma’s broader launch strategy.

The Galxe campaign began in early March 2025 with tasks opening from March 10–12, followed by Plasma’s public token sale and TGE on July 17, 2025 (with deposits locked from July 14). Airdrop distribution details are expected to be announced after the TGE, likely based on users’ Galxe roles and activity.

Eligibility Criteria for the Plasma Token Airdrop


• Users who complete Galxe tasks (e.g., follow social channels, join Discord/X, share content, quizzes).


• Participation via Stablecoin Collective quests, such as deploying testnet USDT, custom gas tools, earning badges on Galxe helps boost eligibility.


• Higher engagement (quality participation and roles earned) increases chances of reward.


How to Claim $XPL Tokens After the Airdrop


1. Create a Galxe account and connect your wallet.

2. Mint a Galxe Passport if needed.

3. Reach the Plasma Stablecoin Collective campaign.

4. Complete tasks: follow X/Twitter, join Discord, share posts, quiz participation.

5. Earn points and badges; aim for roles like SC Contributor or Plasma OG.

6. Watch official Plasma channels. Once the airdrop drops, eligible users will get instructions to claim tokens.

What Makes Plasma Network Different From Other Blockchains?


Plasma Network sets itself apart from other blockchains by focusing specifically on stablecoin transactions and building as a Bitcoin sidechain. Unlike general-purpose blockchains, Plasma is designed for zero-fee USDT, USDC, and DAI transfers, making it ideal for payments, remittances, and DeFi applications where speed and cost are critical. It combines high throughput with EVM compatibility, allowing developers to deploy Ethereum-based smart contracts seamlessly while anchoring security to Bitcoin’s blockchain through periodic checkpoints.

This hybrid architecture gives Plasma the scalability of a modern Layer‑1 network and the security of Bitcoin. Its native token, XPL, powers staking, governance, and minimal gas fees for non-stablecoin transactions, while stablecoin transfers remain entirely free. This focus on efficiency and user experience positions Plasma as a purpose-built solution for the growing global stablecoin economy.

How to Store XPL Tokens Securely


When storing XPL tokens securely, the first and simplest option is to keep them on BingX. With BingX’s Spot Wallet, you benefit from an exchange-grade security infrastructure, with two-factor authentication (2FA), fund password protection, and SMS/email verifications all working together to safeguard assets. This method is ideal for traders who frequently buy, sell, or engage in copy trading, grid strategies, or other platform services.

For more control over your assets, consider self‑custody options. You can transfer XPL to reputable non‑custodial wallets compatible with Ethereum‑style tokens, like MetaMask and Phantom. To elevate security further, use a hardware wallet such as Ledger or Cypherock X1, storing your private keys offline. Combining a hardware wallet with a software wallet interface gives you both usability and maximum protection, safeguarding your XPL from online threats, phishing sites, and exchange risks.

Is Plasma (XPL) a Good Investment?


Plasma (XPL) stands out as a potential investment because it addresses a growing demand for fast, low-cost stablecoin transactions in global payments and DeFi. Its design as a Bitcoin sidechain gives it a unique edge by combining the scalability of a modern Layer‑1 blockchain with Bitcoin’s unmatched security through checkpoint anchoring. With zero-fee USDT, USDC, and DAI transfers, Plasma positions itself as a highly efficient network for stablecoin users, developers, and businesses seeking frictionless payments. The project’s strong backing from major investors like Founders Fund, Tether’s Paolo Ardoino, and Framework Ventures also adds credibility and long-term growth potential.

However, like any early-stage blockchain, XPL’s success depends on user adoption and ecosystem development. If Plasma can attract stablecoin issuers, DeFi protocols, and active validator participation, its utility and demand for XPL tokens could rise significantly. For investors seeking exposure to a stablecoin-optimized Layer‑1 with Bitcoin security, XPL offers an intriguing, though high-risk, opportunity in the crypto market.

Information source

Official WebsiteWhitepaper

Plasma (XPL) Price Converter

XPL to USD
1 XPL = $ 0.23
XPL to VND
1 XPL = ₫ 6,249.79
XPL to EUR
1 XPL = € 0.20
XPL to TWD
1 XPL = NT$ 7.02
XPL to IDR
1 XPL = Rp 3,898.40
XPL to PLN
1 XPL = zł 0.87
XPL to UZS
1 XPL = so'm 3,053.69
XPL to JPY
1 XPL = ￥ 35.39
XPL to RUB
1 XPL = ₽ 18.69
XPL to TRY
1 XPL = ₺ 9.61
XPL to THB
1 XPL = ฿ 7.75
XPL to UAH
1 XPL = ₴ 10.00
XPL to SAR
1 XPL = ر.س 0.89
Plasma Price Converter

How to Buy Plasma (XPL)

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How to Buy XPL Guide

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Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
By accessing and using this platform, you agree to comply with our Terms of Use.
Trading cryptocurrencies and other financial instruments involves risks, including the potential for loss of funds. You should never trade more than you can afford to lose. Please be aware of the risks involved and seek independent financial advice if necessary.
For more detailed information, please refer to our Risk Disclosure Statement.

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Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
By accessing and using this platform, you agree to comply with our Terms of Use.
Trading cryptocurrencies and other financial instruments involves risks, including the potential for loss of funds. You should never trade more than you can afford to lose. Please be aware of the risks involved and seek independent financial advice if necessary.
For more detailed information, please refer to our Risk Disclosure Statement.