Plasma XPL
Rank #134 by market cap
Last 7 days
CM Profile: Plasma
Cryptominium Profile. What we have established, measured and written about XPL, and what we have not.
- Measured
- Selling $100,000 on 2 exchange order books lost between 0.25% and 0.51%, on 4 November 2026.
- Its price, recorded by us every day since 9 August 2026.
- Written, with sources
Read from our own records when this page was made. It describes what we know, and is not a view on whether to hold XPL. How each part is worked out
What changed
Week to 4 November- Price down 16.5% since 28 October.
- Circulating supply up 5.0% in 30 days, as CoinGecko reports it.
From our own measurements only, each against the month before. We do not say why a price moves. How this is worked out · Every coin this week
What it actually costs to sell XPL
Selling $100,000 of XPL into each exchange’s resting bids, measured against the mid price:
| Exchange | Lost | Got back | Measured |
|---|---|---|---|
| Coinbase XPL/USD | 0.25% | $99,754 | 2026-11-04 |
| Kraken XPL/USD | 0.51% | $99,495 | 2026-11-04 |
Exchange figures need an account there (and KYC, a permitted country, the tokens already deposited), are before trading fees, and are never averaged with the on-chain figure. Binance is not included: it refuses requests from the region our servers are in. How this is measured →
Watch this number instead of remembering it. A free account keeps XPL on a list, records where it stood the day you added it, and emails you if selling it on these exchanges gets materially harder — one message, not a series. The measurement itself stays public; the account is for being told when it moves without you looking.
What Plasma is
Plasma is a layer 1 blockchain described by its creators as infrastructure for stablecoin payments at global scale. The source material does not name a founding team, a company, or a launch date.
The chain is built around moving stablecoins — specifically USD₮ — with zero-fee transfers, and it supports custom gas tokens so transaction fees can be paid in assets other than the network's native token. The stated aim is to make stablecoin-based financial access permissionless, with a product suite oriented toward payments coverage across jurisdictions rather than general-purpose computation.
What this means in practice is narrower than the framing suggests. "Zero-fee transfers" describes a fee model for a specific transfer type, not an absence of costs elsewhere on the chain, and the source gives no detail on how that subsidy is funded or sustained. No consensus mechanism, validator structure, or security model is described, so claims about the chain's robustness or decentralization can't be assessed from this material. There is no information here on token supply, issuance schedule, or what the XPL token itself is used for beyond paying gas — the source talks about stablecoin transfers, not about the native asset's function. CoinGecko's classification tags list it under categories including Smart Contract Platform, Layer 1, Neobank, and BNB Chain Ecosystem, alongside Launchpad and Airdrop designations — a spread that reflects how the asset has been categorized across listing systems, not a technical description of what the chain does. None of that implies adoption, transaction volume, or that the "native chain for stablecoin payments" positioning is uncontested; it's a stated ambition, not a measured outcome.
What Plasma can do
Selling $100,000 on Coinbase lost 0.25% against the mid price, before trading fees. Check your own amount →
Our own measurement · measured 4 November 2026
Plasma runs the same kind of programs as Ethereum, and XPL is its native token. Fees go to validators, and most transactions cost under a cent. Plasma plans to let apps take other tokens for fees. Each app is its own code with its own flaws.
Sources: Plasma docs: network fees, Plasma: mainnet beta and XPL · checked 2 October 2026
What a coin can do is not a reason to buy it or to sell it. Each answer names its source and the day we read it; where we could not source one, the row is left out. How these are written · Every coin we have written up
About the asset
Plasma has no token contract — it is the native asset of its own chain, not a token issued on someone else's.
Price change
Plasma data synced 5m ago from CoinGecko. Figures shown in USD. This page is market information, not financial advice — and nothing here is a recommendation to buy or sell XPL.