• Market Cap: ~$145M
• Volume rising but trend still weak
Data from CoinMarketCap shows XPL sliding after strong hype has faded and price remains far below earlier cycle highs. �
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📊 What’s Happening Now
🔹 Downtrend continues — token is trading below key resistance zones, and recent price action shows weak momentum. �
🔹 Past bounce attempts saw brief recoveries, but overhead pressure is still strong. �
🔹 Onchain & ecosystem updates like cross-chain integrations and DeFi listings are still in motion — potential catalysts for renewed interest. �
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CCN.com
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📈 Bullish Factors
• Integrations with NEAR Intents increasing liquidity and usability. �
• Developer activity and ecosystem growth continue (DeFi launches, community campaigns). �
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CoinMarketCap
📉 Bearish Risks
• Price still far off past highs, showing a broad bearish market structure. �
• New supply unlocks and selling pressure could limit rallies. �
• Volatility remains high with weak volume support at current levels. �
CoinMarketCap
CoinMarketCap
CoinMarketCap
📌 TL;DR
XPL’s price is consolidating lower with mixed sentiment — ecosystem growth is positive, but price action needs a clear breakout above resistance to confirm a recovery phase.
#XPL #BinanceSquare #CryptoMarke #MarketUpdate $XPL
