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![PlasmaFDN Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1844002277218242560.png) Plasma [@PlasmaFDN](/creator/twitter/PlasmaFDN) on x 126.5K followers
Created: 2025-07-22 19:16:51 UTC

The XPL public sale began on Thursday, July 17, with over $XX million already committed. As the native asset of the Plasma blockchain, XPL facilitates transactions, secures the network through validator rewards, and aligns long-term incentives across the ecosystem. The sale remains open to depositors, whose allocations are guaranteed until Monday, July 28, at 9:00 AM ET.

The Plasma testnet also went live last week. Built from the ground up for global stablecoin payments, it includes our core components: the PlasmaBFT consensus and our Reth execution layer designed for throughput, speed, and scale. Developers can continue to build on testnet now. More details are available in our documentation.

To mark this next stage of Plasma’s development, we are also proud to announce our rebrand. The new brand reflects our vision for a new financial system.


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947737625445769401/c:line.svg)

**Related Topics**
[blockchain](/topic/blockchain)
[xpl](/topic/xpl)
[plasma](/topic/plasma)

[Post Link](https://x.com/PlasmaFDN/status/1947737625445769401)