Validators process transactions and receive fees from users (supply-side fees).

XPLA is a smart contract platform for decentralized applications (a blockchain). XPLA was founded by MetaMagnet Limited and launched in 2022.

XPLA holders own and govern the protocol. They currently do not take a cut of the total transaction fees paid by users (revenue).

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Blockchains (L1)

XPLA

# Circulating market cap Methodology

## Overview

Circulating market cap measures the project’s valuation based on the number of tokens that are currently transferable and tradeable. It is calculated by multiplying the token price with the circulating supply.

Project valuation based on token price times circulating supply.

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Circulating market cap

Circulating market cap

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