You must keep an eye on XPL's "life-and-death line" on July 28
Don't just drool over the 25 billion dollar TVL; take a good look at XPL's 'major unlock' schedule before taking action.
Currently, XPL's price is hovering around 0.13 dollars, and many people think it’s a golden opportunity. But as an observer, I have to pour a bucket of cold water: its circulation rate is only about 20% right now.
@Plasma The real stress test will be on July 28, 2026—when the one-year protection period ends, the massive chips held by the team and investors will start to be released in large quantities.
The project party is now desperately pushing for Staking and EIP-1559 destruction, which is essentially trying to build a "reservoir" to hedge against selling pressure.
If by the time of the unlock in July, its transaction volume hasn’t outpaced the release volume, the price pressure will be very high.
So, the current XPL is more like a high-stakes gamble on the speed of ecological explosion.
If you are a holder, will you choose to cash out before the unlock in July, or stake and gamble on the national fortune with the big players?
#plasma $XPL
