The planula larva is a free-swimming, ciliated larval stage of cnidarians that develops from the fertilized egg and eventually settles to form a polyp. This stage is crucial for the life cycle of cnidarians, as it allows for dispersal and colonization of new habitats. The planula's ability to swim and its ciliated surface enable it to move through the water, increasing its chances of finding suitable substrate to settle and grow into the adult form.