Plasma has launched its mainnet beta and commenced the presale distribution of its XPL tokens, marking a significant step in its blockchain and neobank strategy. On September 25, presale participants received 25 million XPL tokens, with an additional 25 million set for distribution to smaller depositors who complete verification. In conjunction with the token launch, Plasma introduced Plasma One, a neobank that offers a 4% cashback card, aiming to broaden its appeal beyond traditional cryptocurrency markets. The XPL token is currently valued at $1.21, with a market capitalization of $2.18 billion.