XPL Token 2-3 Month Trend Assessment, @Plasma In the cryptocurrency market at the beginning of 2026, the Layer sector and stablecoin infrastructure have become the directions that funds cannot ignore. As XPL is the native token of the Plasma network, the trend in February to March is tied to the project's fundamentals, as well as influenced by the overall market cycle and sector popularity, and is by no means a simple emotional fluctuation. First, clarify the core: Plasma is not a Layer 2 that follows trends, but an EVM-compatible Layer 1 specifically designed for stablecoins, featuring sub-second confirmations, zero Gas transfers for USDT, and anchored to Bitcoin's security foundation. After the mainnet launches in September 2025, the TVL is expected to steadily climb, with team and investor tokens locked for 3 years and 1 year cliff unlock, making short-term selling pressure manageable. This is the underlying confidence for the XPL trend.
In February 2026, XPL is likely to follow a **consolidation and moderate upward trend**. The market panic index was relatively low in January, and XPL retraced to the core support of $0.10-$0.11 along with the market. The on-chain staking volume slightly increased against the trend, the destruction mechanism continued to advance, and the circulating supply further contracted, revealing the beginning of a deflationary effect. After the Spring Festival, market liquidity rebounded, and the pre-halving market for Bitcoin transmitted to quality mid-small market cap targets. The testing of cross-chain bridges in the Plasma ecosystem and the progress of the first batch of DeFi protocol access will drive DEX trading volume to recover. $XPL is expected to touch the resistance level of $0.15-$0.16 during the month, with an intraday fluctuation of 10%-15%, suitable for low buying and high selling operations, as chasing high may easily lead to short-term liquidation and being stuck.
Entering March, the core of XPL's trend focuses on **ecological realization and track catalysis**. The benefits of Blob storage from the Ethereum Cancun upgrade are spreading, and the demand for stablecoin payment chains has been further activated. The optimization of the mainnet functions planned for Plasma, the increase in staking rewards for validators, and the establishment of institutional collaborations are all direct positives. If the rhythm of ecological realization meets expectations, XPL is expected to break through the resistance of $0.16 and reach the range of $0.18-$0.20; if the market experiences a sharp decline, and funds in the Layer track are diverted, or project progress is slightly delayed, the price may retrace to the support of $0.12-$0.13, forming a wide fluctuation pattern. It is important to be alert that the competition in the Layer track is intensifying, with purely narrative targets being abandoned by funds. The increase of $XPL relies entirely on real ecological data, rather than conceptual speculation.
From a funding perspective, institutions mainly adopted small positions in February-March, while retail investor interest gradually increased, and the activity of on-chain addresses improved month-on-month, with no significant dumping of shares. Overall judgment: $XPL February was steady and solid, repairing valuations, while March could rely on ecological positives to challenge previous highs. The combination of the annual deflationary mechanism and ecological realization will allow the trend to break away from purely emotional fluctuations of altcoins, becoming one of the core targets in the stablecoin track. In terms of operations, position oneself at support in February, focus on the progress of ecological realization in March, avoid prolonged battles, and not chase highs, making wave opportunities more stable.#plasma
