Plasma token (\(XPL\)) is the native asset of the Plasma blockchain, a Layer 1 blockchain designed for fast, low-cost stablecoin transactions. The \(XPL\) token is used for network security through staking, paying transaction fees, and rewarding validators. It serves a function similar to how Ether (\(ETH\)) or Bitcoin (\(BTC\)) operate on their respective blockchains.
