The sharp decline in $XPL price triggered a lot of emotional reactions, but for long-term investors this moment is more about analysis than panic. Early-stage infrastructure projects often go through aggressive volatility due to liquidity gaps, early profit-taking, and market overreaction. This phase is usually called price discovery — when the market tries to fairly value future expectations.

For @Plasma , the real question is not short-term price action, but execution. Can the team deliver scalable solutions, attract developers, and build real on-chain activity? If network usage, integrations, and transparency continue to improve, volatility becomes noise rather than a signal. Historically, strong fundamentals outlive weak sentiment. Long-term conviction is built on progress, not candles. #plasma