#XPL $XPL Community frustration with @Plasma is reaching a breaking point as we move deeper into 2026. While the project continues to tout its "stablecoin-native" architecture, the elephant in the room is the massive 2.5 billion $XPL token unlock scheduled for July. This represents a staggering 25% of the total supply being handed over to the team and early investors. Despite the founder’s earlier denials of insider selling during the 85% price collapse from the $1.70 ATH, on-chain sleuths remain skeptical.
The trending issue here isn't just the price; it’s the lack of a clear plan to absorb this upcoming wall of liquidity. If the market is already struggling with low volume and a neutral-to-bearish RSI, how can holders have confidence that they aren't just exit liquidity for a one-year cliff? We need more than PR statements about "building the future of money." We need actual, verifiable data showing that the "ecosystem growth" tokens aren't being offloaded to fund operations while retail holds the bag. The community is tired of the "laser-focus" narrative when the chart looks like a rug-pull in slow motion. $XPL holders deserve a real buy-back or burn mechanism to offset this dilution. #plasma $XPL
