- XPL mainnet launched, broad token distribution, and digital banking debut.
- XPL token distributed evenly, regardless of pre-deposit amount.
- Plasma One bank offers 4% cashback to card users.
Plasma launched its XPL token on September 25, 2025, introducing a digital bank, Plasma One, and distributing 25 million tokens to pre-depositors, regardless of their investment size.
Plasma’s unique token distribution model enhances accessibility and broadens ownership, reflecting community involvement and prompting substantial market engagement, with $2 billion total value locked on day one.
Plasma Mainnet Launch and XPL Token Distribution
Plasma recently launched its mainnet and issued XPL tokens, distributing them evenly to all pre-sale depositors. This included a total of 25 million tokens allocated without regard to the pre-deposit size. Additionally, their new digital banking service, Plasma One, was initiated, featuring a 4% cashback card linked to the Plasma blockchain.
The even distribution strategy aims to promote broad community ownership and prevent concentration of tokens. The introduction of their digital bank further integrates financial services within their ecosystem, providing users with cashback rewards for online and offline purchases using the Plasma blockchain.
The broader crypto community, while awaiting statements from high-profile figures, has responded with interest, likely driven by the transparent allocation structure. Users previously hesitant to engage with ICOs citing unequal reward distribution found Plasma’s approach appealing.
“At the launch of mainnet beta, an additional 25 million XPL tokens will be distributed to recognize smaller depositors who completed Sonar (by Echo) verification and participated in this sale. This keeps ownership broad and aligned.” — Plasma Official Website
Market Dynamics and Expert Opinions on Plasma Strategy
Did you know? Plasma distributed 25 million XPL tokens evenly to all pre-depositors, offering a collective reward independent of deposit amounts, contrasting with common “whale-heavy” airdrops in other network launches.
Plasma (XPL), with a market cap of $2.24 billion, saw significant 24-hour trading volumes reaching approximately $4.81 billion. Recent activity shows price increases, including a 9.91% rise in the past 24 hours. Total market involvement, as reported by CoinMarketCap, indicates sustained growth in the crypto sphere.
Experts from the Coincu research team suggest that Plasma’s token distribution could redefine equitable tokenomics within the industry. By focusing on inclusive strategies, similar projects might adopt broader reward participation, enhancing credibility. Plasma’s execution exemplifies a balanced approach between innovation and inclusive economic practices.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |