RPL is the native token of the Rocket Pool protocol, a decentralized ETH liquid‑staking network that lets users stake ETH or participate in node operation with lower barriers than solo staking.
It currently trades around $1.5–$1.8 USD (৳220 BDT), far below its all‑time high near $61.90, reflecting a multi‑cycle correction of over 97%.
Recent short‑term price moves show sideways to mild weakness, influenced by broader crypto market sell‑offs and risk‑off sentiment.
Technicals point to consolidation near support with resistance overhead — a break above local levels could signal short‑term relief but macro pressures may cap gains.
Rocket Pool’s ecosystem developments — including the upcoming **“Saturn” upgrade aimed at improving node economics — are watched closely for potential impact on demand.
Overall, RPL remains a speculative staking‑derivative asset tied to ETH staking demand and liquid‑staking growth rather than broad utility adoption.
$RPL #RPLCoin #rpl