short-term price fluctuations of $XPL are not a decisive factor, but more importantly, the underlying value is being accumulated over time. After a strong adjustment phase, the market tends to transfer tokens from traders to real holders, helping to stabilize the holder structure and gradually reduce emotional selling pressure.
For long-term strategies, what needs to be monitored is the level of development of the Plasma ecosystem and the actual role of $XPL . When tokens are used for staking, network security, and governance, the demand for holding will come from utility rather than mere speculation. Token unlock events may create short-term volatility, but if this flow of tokens is absorbed into the ecosystem, the negative impact will significantly decrease. @Plasma #Plasma