Yes, XPL can go up, but not immediately and not guaranteed
Yes, XPL can dump again if the market stays weak
Binance’s huge reward pool does NOT automatically mean price will pump
The reward pool helps attention and activity, not instant price recovery.
Detailed Explanation
1️⃣ Market Condition Matters More Than Rewards
Right now, the overall crypto market is bearish:
Bitcoin is weak or unstable
Altcoins are under pressure
Traders are risk-averse
When the market is bad:
Even good news often fails
Rewards and announcements have limited effect
People prefer to sell rallies instead of buying dips
So if the market stays bad, XPL can still dump again, even with rewards.
2️⃣ What the Binance Huge Reward Pool Really Means
A large reward pool usually means:
Binance wants more trading volume
More user participation
More short-term attention
What it does NOT guarantee:
It does not force people to hold
It does not stop whales from selling
It does not change market structure
Very often:
Traders farm rewards
Then sell the token
Causing extra selling pressure
So in some cases, reward pools can actually increase volatility, not price.
3️⃣ Can XPL Go Up From Here?
Yes, it can go up, but only under certain conditions:
The current support must hold
Selling pressure must slow down
Volume should increase on green candles
The overall market should stabilize
If these conditions happen:
XPL may bounce
It may move sideways first
Recovery would be gradual, not instant
4️⃣ When Is Another Dump More Likely?
Another dump is more likely if:
The market continues to fall
Bitcoin drops sharply
XPL breaks its key support level
Panic selling returns
In that case:
Rewards won’t save the price
Liquidity will disappear fast
New lows can be created
Final Honest Conclusion
Market bad = risk high
Reward pool = activity boost, not price guarantee
Short-term direction is uncertain
Both bounce and dump are possible
Right now, XPL is in a high-risk zone.
The smartest approach is:
Don’t assume rewards mean pump
Watch price structure and volume
Let the market show direction first
If you want, I can next explain:
Why reward pools often fail to pump price
How to tell if a bounce is real or fake
What signs show accumulation is starting
