The recent market conditions are indeed tough. Most coins are either sideways or slowly declining, and my trading style has become more conservative as well.

The XPL project is one I’ve been paying close attention to recently. Not because of its exaggerated gains, but because there’s an interesting phenomenon — when the entire market is in decline, its trading activity doesn’t completely stop. This kind of resilience is rare.

Looking at the price trend, XPL is currently in a consolidation phase. The volatility is not large, and there haven’t been extreme situations like rapid pump and dump. This is actually good for retail investors, as at least they won’t be instantly caught at the top when buying in.

You can occasionally see discussions about it in major communities. Although the hype isn’t off the charts, it at least has a presence. Such projects are better suited for gradual follow-up rather than impulsively chasing highs. In the current market environment, just holding steady without falling is already good, and over-optimistic expectations can easily lead to losses.