The consensus on XPL is mixed but leans toward a cautiously bullish, fundamentals-driven recovery. Die-hard supporters point to sustained network activity despite reward cuts, while traders watch for technical confirmations. The overarching debate pits the token's severe post-launch decline against its potential role in the stablecoin payment stack. Watch the circulating supply impact of the major team and investor unlock scheduled for July 2026, as it will test whether real adoption can outpace selling pressure.$XPL

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