Plasma (XPL)
CryptoScore Pro global score : 63/100 (computed on 2026-10-28)
Plasma (XPL) is a Layer 1 blockchain project built on Ethereum, positioning itself as a modular smart contract platform designed to bridge the gap between traditional finance and decentralized ecosystems. Launched in August 2025 as a BEP-20 token—despite its Ethereum foundation—Plasma targets developers, institutional investors, and Binance Chain users by offering a scalable, low-cost infrastructure for deploying decentralized applications (dApps). Its categorization as both a smart contract platform and a neobank-like ecosystem suggests an ambition to merge financial services with blockchain utility, though its alignment with Binance’s HODLer airdrop ecosystem hints at a speculative or community-driven adoption strategy. The project’s TVL of 553.7 million USD on its Layer 2 network underscores its technical ambition, yet its classification as a Binance Coin (BNB) token introduces fragmentation risks, as its primary utility may be constrained by cross-chain interoperability challenges. For stakeholders, Plasma’s relevance lies in its potential to democratize access to smart contract functionality while leveraging Binance’s existing infrastructure, though its long-term viability…
Scores by pillar
| Technology | 31/100 |
|---|---|
| Tokenomics | 66/100 |
| Team | 55/100 |
| Adoption | 68/100 |
| Liquidity | 95/100 |
| Compliance | 93/100 |
Market data
| Price | $0.07763 |
|---|---|
| Market cap | $369.89M |
| 24h volume | $37.36M |
| Market cap rank | #155 |
| 24h change | +5.16% |
| 7d change | -7.3% |
| Blockchain | Ethereum |
| Sector | Layer 1 |
Analysis
Plasma is a Layer 1 blockchain, a modular base infrastructure. It relies on Ethereum to link traditional finance with decentralized assets. The project has been live since August 2025. The token is used to deploy decentralized applications, autonomous software. It targets institutions and Binance users.