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XPL (Plasma) fell 7.25% in the last 24 hours.
Gate News Bot news, on October 21, according to CoinMarketCap data, XPL (Plasma) is currently priced at $0.39, having fallen 7.25% in the last 24 hours, with a high of $0.55 and a low of $0.38. The current market capitalization is approximately $701 million.
Plasma is a high-performance first-layer blockchain specifically designed for stablecoins. It aims to provide near-instant, free payments for stablecoins with institutional-level security. Plasma can process over 1000 transactions per second, with a block time of less than 1 second. The platform supports over 15 stablecoins and collaborates with over 100 countries, over 100 currencies, and over 200 payment methods. Plasma is supported by well-known institutions such as Bitfinex, Founders Fund, and Framework.
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