After the recent sharp drop, I don’t feel any rush to go long yet. For me, the market still needs time to cool off, stabilize, and actually show a bottom before it’s worth taking real positions. I’ve seen too many times how the market overreacts to short-term price moves while completely missing slow but important infrastructure shifts.
Right now, most public chains are still flexing TPS and TVL numbers. It honestly feels like comparing which casino looks more luxurious. If someone is only chasing the next hundred-x meme, they’re probably relying more on luck than judgment.
What I’m watching instead is where serious capital is positioning for the post-speculation phase. Payments are starting to matter again. Real usage matters. That’s why I keep an eye on Plasma. They’re not pushing vague ecosystem hype. They’re focused on one very real problem: payment friction.
It’s not flashy. It can even feel boring. But Visa is boring. SWIFT is boring. And they’ve quietly dominated global finance for decades.
To me, $XPL isn’t a bet on the next meme cycle. It’s a bet that Web3 eventually circles back to its core purpose: moving value cleanly and reliably. I’d rather think like a partner in infrastructure than act like a gambler.
This is just my personal view and not investment advice.
