@Fogo Official is not a Solana fork. It is a Layer-1 built from scratch for SVM compatibility. The core focus is latency reduction not maximizing raw throughput. While many SVM-based L2s settle externally, Fogo settles itself at the base layer. PoH has been removed. Transaction ordering is BFT-based. There is no verifiable delay function finality is designed to be fast and deterministic. Tower BFT remains, with stricter optimistic confirmations. Slashing is implemented for equivocation. Leadership is stake-weighted, with permissionless delegation and no central sequencer. Validator requirements are practical consumer grade hardware is sufficient (no mandatory 1Gbps or RAID). Rent exists but is refundable. Syscalls are custom. Compute units have been repriced to reflect real execution costs. Priority fees and local fee markets remain. Inflation parameters are still being finalized. Genesis is locked. Fogo is an independent L1 — not “Solana on Ethereum,” and not a fork. #fogo $FOGO
$XPL /USDT – 4H Chart Update XPL saw a sharp sell-off from 0.1725 and printed a strong wick low near 0.1138, which looks like short-term demand. Price is now trying to stabilize above 0.125.
Trade Plan Buy zone: 0.124 – 0.127
Targets: 0.135 0.145 0.160
Stop-loss: 0.118 Why this setup works: Clear higher low after a long dump Bounce from key demand zone (0.113–0.118) Volume improving on recovery candles Good R:R for a relief move
Risk note: If price loses 0.118, structure breaks. No holding blindly. Are you buying the dip or waiting for confirmation above 0.13? 👀
One level has defined every cycle: the 200-week moving average. • 2020 → wicked below → historic bull run • 2022–23 → based around it → expansion to new highs • Now → price revisiting the same zone again This line isn’t magic — it reflects the market’s long-term cost basis. Above it: optimism & expansion At/below it: fear, exhaustion, opportunity Most traders chase breakouts and sell panic. Historically, the simple edge has been: • wait near/under the 200W MA • accumulate gradually • avoid leverage • hold patiently Not calling the exact bottom — just playing probabilities. In crypto, discipline beats prediction.
Buyers holding above 0.01000 after a strong move. Volume remains supportive, and the pullback offers a potential continuation toward the 24h high if momentum returns.