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Plasma

#137
XPL
$0.094622
24h-2.04%
7d-20.14%
30d+5.42%

Plasma Price Performance

Low
High
$0.093534
$0.097556

Plasma Key Metrics

Market cap
$212.37M
FDV
$956.51M
Volume (24h)
$33.68M
Vol/Mkt Cap (24h)
0.16%
Total supply
10B XPL
Circulating supply
2.24B XPL
Profile score
91%
Updated Mar 23, 2026Rank #112

XPL to USD Converter

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Plasma Overview

24h High
$0.10
24h Low
$0.09
24h Change
-2.04%
7d Change
-20.14%
30d Change
+5.42%
Volume 24h
$33.68M
Market Cap
$214.68M
Circulating Supply
2.24B XPL

Plasma News

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About Plasma

Plasma is a blockchain built for stablecoins, combining a custom BFT consensus system, EVM execution, and a Bitcoin bridge. Its token XPL secures the network through staking, pays for transaction and contract execution, and supports governance. Distribution is structured in phases throughout 2025, with final delivery in September. Plasma Inc. oversees the project with support from its foundation and industry partners.
XPL is the native token of the Plasma blockchain. It fulfils three main functions: - Security: Validators stake XPL to participate in the consensus, with slashing penalties for misconduct. - Utility: XPL is used for transaction fees, smart contract execution, and deploying applications. Plasma also supports stablecoin-based fees using custom gas tokens. - Governance: XPL will be used in on-chain governance for protocol parameters, network upgrades, and ecosystem decisions. Validators earn rewards for block production and transaction processing, aligning incentives with the health of the network.

XPL’s distribution takes place in two phases. In the allocation phase, participants deposit stablecoins into the Plasma Vault to earn allocation units based on time-weighted deposits. These funds remain in user wallets until later bridged at mainnet launch. In the purchase phase, allocation units define the amount of XPL that each participant can buy at a fixed price. Deposits are locked for at least forty days before bridging.

Tokens are scheduled for delivery on 1 September 2025. Certain jurisdictions, such as the United States, include additional lock-up requirements for accredited investors. European participants have a withdrawal right before trading begins, in accordance with MiCA rules.

  • Consensus: PlasmaBFT, a protocol based on Fast HotStuff, achieves rapid finality and low-latency block confirmations. - Execution: A Reth-based EVM provides compatibility with Ethereum contracts. - Bitcoin bridge: Trust-minimised bridging and anchoring of state data to Bitcoin. - Validators: Incentivised through staking rewards and transaction fees, with hardware requirements focused on efficient performance. - Energy efficiency: Projected annual consumption places Plasma among the more efficient proof-of-stake systems.
Plasma is issued by Plasma Inc., a business company registered in the British Virgin Islands in 2025, with development supported by the Plasma Foundation and Chain Technologies Research. The project leadership includes Marc Piano as director, alongside a team of engineers and researchers.

Plasma Markets

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Plasma Platforms

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Plasma Market Data

The live Plasma price today is $0.09 USD with a 24-hour trading volume of $33,678,644.64 USD. We update our XPL to USD price in real-time. Plasma is down 2.04% in the last 24 hours.

The current market cap is $214,683,605.51 USD, ranking #137 by market capitalization. The circulating supply is 2,244,444,444 XPL.