Plasma (XPL) is trading in the $0.07–$0.09 range, showing a calm and controlled market. The price is not making big moves, which means the market is in a waiting phase.
In the last few days, XPL has been moving sideways. This usually happens when buyers and sellers are balanced. When this type of price action appears, it often means the market is building a base before the next move.
Even though XPL is much lower than its earlier highs, the trading activity is still healthy. People are still buying and selling, which shows the project has not been abandoned. Coins with no future usually lose volume — Plasma has not.
This kind of slow movement is common when smart traders are accumulating quietly. There is no hype, no panic, just steady trading.
Plasma is a payment-focused blockchain, and projects with real use cases often take time to show their full value. When the market turns positive again, coins linked to real-world usage usually recover faster.
Right now, Plasma looks stable, not weak. The price is holding its zone, and that is often where the next trend starts.