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Plasma network is a payment system for stablecoins that offers fast finality, high capacity, and efficient fee management. Merchants and apps can move USD-pegged tokens quickly and at low cost. This makes Plasma useful for remittances, merchant payouts, and apps that need frequent small dollar transfers. The team also highlights EVM compatibility, so you can use existing Ethereum tools and DeFi features.
Plasma launched its mainnet beta and XPL token in late 2025. Well-known backers and partners were announced at launch, including exchanges and venture firms that helped provide liquidity and build partnerships. The network saw high transaction numbers and strong stablecoin liquidity early, with active blocks and a clear market cap. However, token price swings and unlock schedules have caused some volatility.
$XPL is Plasma’s native cryptocurrency and serves several key roles. Validators stake XPL to help secure the network and earn rewards. XPL is also used for transaction fees when gas abstraction is not used, and it is part of governance and incentive programs for developers. Users can also pay fees in stablecoins through a paymaster system, so you don’t always need XPL for basic transfers.
Want XPL? There are a few ways to invest, but the fastest is to buy the coin on any major centralized or decentralized crypto exchange.
Prefer a private, high-volume trade? Use the Acquire.Fi OTC and Secondaries marketplace to buy XPL over-the-counter. Here’s why smart buyers and sellers choose us:
Acquire.Fi walks you through each step, matches you with qualified counterparties, protects your privacy, and helps make large transactions smooth and secure. Ready to get started? Browse offers or create your OTC order now.