What Plasma is
Plasma (XPL) is a proof-of-stake Layer-1 blockchain, currently ranked 179th by market capitalization among the assets we track. As a proof-of-stake Layer-1, Plasma hosts applications, settles their transactions, and lets XPL holders earn yield by helping validate. Capital at stake — not electricity — is what keeps the chain honest.
Plasma (XPL) is a cryptocurrency designed to facilitate fast and secure transactions while providing a decentralized platform for developers to build applications. It aims to enhance scalability and privacy within the blockchain ecosystem.
How consensus and the token economy connect
Staking ties the token's value to network security: more XPL bonded means a costlier attack, and stakers are paid for taking that role. Unstaking queues and slashing parameters shape how liquid that capital really is.
Background & fundamentals
The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in XPL. In sector terms it is most often filed under Binance Coin (BNB) Token (BEP-20) and Layer 1 (L1).
Where Plasma sits in the market
With XPL near $0.0959, Plasma carries a market capitalization of $172.62M. Around $67.34M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 39.01% of the float — unusually high, the kind of churn that accompanies major news or speculative spikes.
Plasma carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. XPL remains -95% beneath its all-time high of $1.87, the kind of gap that historically takes a full cycle or a fresh catalyst to close. Measured from its all-time low of $0.0713, XPL is up +35%.
What the price history shows
Recent moves read 24-hour -1.07%, 7-day +12.14%, 30-day +3.18%. Across roughly the last 250 days of daily candles, XPL endured a peak-to-trough drawdown of about 95% before stabilizing.
Volatility profile
Recent action puts Plasma in the Moderate-volatility band — it shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the last 30 days the move totals +3.18%, a useful input for stop placement and position sizing.
How to evaluate Plasma
For an asset of this type, three lenses matter most:
- Real usage — active addresses, fees paid, and total value locked — does on-chain demand justify the valuation?
- Staking economics — the share of XPL staked, the yield, and unlock/queue dynamics that govern liquid supply.
- Ecosystem depth — how many applications and how much liquidity have chosen Plasma over competing Layer-1s.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
