Notice!!! I noticed that XPL has hit a new low, but the more I look at it, the more I want to hold it long-term!

Today, when I opened the market software, I was directly stunned—on February 5th, XPL actually dropped to its historical lowest point! The current price is only $0.091125, down 7.35% in 24 hours, with a minimum of $0.090812. Although the 24-hour trading volume is $81.26M and the total market value is $195.7M, ranking 188th, the short-term drop is indeed a bit worrying. However, I roughly know the reasons; on the one hand, the overall market sentiment is not good, and on the other hand, after some tokens were unlocked earlier, some people were eager to cash out, which put pressure on the market.

But to be honest, I’m not thinking of selling in a panic. On the contrary, the more I study, the more I feel that the fundamentals of Plasma are sound and even hold a lot of potential. What I'm most looking forward to are two key developments: one is that the staking function will be launched in Q1, and previously the project raised the staking limit to $1 billion. Powerful institutions like Amber Group and Spartan Group have already laid out deposits in advance, and there will also be native liquid staking derivatives (LSD) in the future. At that time, holding XPL can not only earn staking rewards but also allow asset liquidity, which will significantly increase holding value; the other is that the Bitcoin cross-chain bridge (pBTC) is still being steadily developed. It is 1:1 pegged to native BTC and is jointly hosted by decentralized validation nodes, so there is no need to worry about being controlled by a single institution. Once it is implemented, BTC can directly enter Plasma's DeFi ecosystem for lending and mining, and the liquidity in the ecosystem will definitely explode.

Although I haven't seen Plasma issue a new announcement yet, the previous NEAR Intents cross-chain integration has been running smoothly, capable of connecting 25+ public chains and swapping 125+ types of assets without transaction fees, with the scale of native USDT exceeding 5 billion. Moreover, the most convenient part is the Paymaster mechanism, where you don’t need to buy XPL specifically when paying; stablecoins will do. Even for users like me who are not considered seasoned, it is easy to operate. What’s more reassuring is that the tokens held by the team and investors must be locked for three years, and the tokens for U.S. accredited investors that were unlocked in July also have a 12-month lock-up buffer, so there is no need to worry about anyone randomly crashing the market.

I think the current XPL is in a stage of "market trough + ecological accumulation of strength". The short-term price has dropped sharply, but the fundamentals have not lagged at all. It is often said in the crypto circle to "buy quality assets at low prices." @Plasma #plasma $XPL