Many people only look at price, but with @Plasma the real story is in the numbers. $XPL currently has around 2.07B tokens in circulation out of a total supply of 10B. This means not all tokens are unlocked yet, which is important for anyone thinking long term. Market cap is close to $300M, and daily trading volume stays strong above $50M, showing that interest in Plasma is still active.
Even after a big move down from the all-time high, $XPL is not dead. Price is holding above recent lows, and volume hasn’t disappeared. That usually means traders are watching and positioning, not leaving. Plasma also provides transparency through tools like its block explorer, which helps users track real on-chain activity instead of relying on hype.
For me, Plasma is not about fast pumps. It’s about structure, data, and patience. Projects that survive tough phases often come back stronger. I’m watching how @undefined continues to build while the market stays quiet.
