A common error in crypto is confusing early liquidity with real adoption. Seeing capital flow quickly can give the impression of traction, but it doesn't always indicate that a system is being used organically.
Liquidity can be incentivized, adoption cannot. The former responds to financial stimuli; the latter appears when a product solves real friction for real users. Plasma enters this classic tension: demonstrating utility beyond the capital that arrives on day one.
Looking only at input metrics is like evaluating a full stadium without knowing if there is a sustainable league behind it. The relevant question is not how much capital has arrived, but what problem is being solved @Plasma and for whom. That analysis is more important than any narrative surrounding $XPL .
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This post should not be considered financial advice. Always do your own research and make informed decisions when investing in cryptocurrencies.

