@Plasma (XPL) isn’t in chaos
It’s in compression.
While timelines react to volatility and token supply events, the underlying thesis hasn’t shifted: Plasma is optimizing for stablecoin settlement at scale.
Instead of chasing broad ecosystem expansion, it’s refining fee predictability, throughput efficiency, and liquidity concentration for USDT-style flows.
Short-term price movement reflects distribution mechanics — not structural failure.
Surface noise is high.
Infrastructure focus is higher.
The real question isn’t “Why did it drop?”
It’s “Is the settlement layer getting stronger?”
