continues to trade below $0.90 and is approaching its historical minimum of $0.74. Its launch coincided with a series of high-profile airdrops, including Aster (ASTER), but unlike its competitors, XPL did not show the expected growth even against the backdrop of the overall market recovery.
Nevertheless, XPL remains the most active token by the ratio of trading volume to market capitalization. In recent days, volumes have fluctuated from $2.4 billion to $1.7 billion, completely covering the circulating supply of 1.8 billion tokens. The market capitalization remains at $1.6 billion, indicating high liquidity and active trading.The main trading activity of XPL has shifted to Bybit, which accounts for more than 24% of daily volume, with another 18% on Binance. About 49% of trading is in pairs with the Korean won, but volumes on Upbit and Bithumb remain unstable. Currently, XPL continues to search for stable sources of liquidity. @Plasma #Plasma $XPL
