Plasma is an EVM-compatible Bitcoin sidechain tailored specifically for stablecoin mass adoption. It offers users ultra-fast and cheap transactions powered by the security of the Bitcoin mainnet. $XPL is a native token of the network used for powering the security of the Plasma chain and the Bitcoin bridge.
Since its inception in 2024, the company has raised $24M in private funding from multiple leading investors like Paolo Ardoino (Tether CEO), Peter Thiel, Framework Ventures, Bitfinex, Ardoino (Tether CEO), and others. On June 9th, 2025, it is set to launch a $50M public token sale, putting on sale over 10% of the total $XPL token supply.
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<a href="https://coinlaunch.space/projects/plasma/" title="Plasma Blockchain (XPL)" target="_blank"><img src="https://coinlaunch.space/media/widgets/0/plasma.png" width="224" alt="Plasma Blockchain (XPL)"></a>