The cycle of crypto projects is predictable. Initially there is hype, then expectations, followed by a silent phase where the community is confused. Plasma (@Plasma ) is currently in that same silent phase. The early excitement around $XPL has clearly cooled down. The community is searching for updates, and people are genuinely in a wait-and-see mode.
If we look at the real truth, the pace on Plasma's socials is slow. There have been no major announcements, and the project is in a bit of a “low activity zone.” This naturally creates doubts, especially among those who expect quick results.
But there is another side to it. Not every project can remain constantly loud. Sometimes the team quietly keeps building without public noise. The idea of Plasma is still relevant, but execution and communication clarity need to be improved. The community only trusts when they can clearly see the direction.
In my opinion, Plasma is currently at a turning point. It will either pick up proper momentum, or community interest will gradually fade away. For now, I am following it in an unbiased manner. No overhype, no negativity. Just as reality looks.
