Plasma XPL Price Crash or Rally? Analyst Sees $2.68 Target Ahead

Plasma XPL's price action reflects a tale of two timeframes. The token slumped 14.19% in daily trading to $1.22, with trading volume dipping 0.77% to $2.4 billion, signaling short-term caution among investors. Yet the weekly chart tells a different story—a 47.51% surge underscores robust speculative demand.

Market participants face a liquidity crossroads. Beginning October 25, $100 million worth of tokens—0.89% of total supply—will enter circulation monthly for three years. This stems from the remaining 32% of ecosystem growth allocations. Further pressure comes from the 50% supply held by investors and Core teams, subject to one-year cliff vesting followed by linear distribution.

Analyst Adarsh Maddheshiya highlights additional inflationary pressures: a 5% annual emission rate to reward validators. While some forecasts project a $2.68 price target by 2025, the market remains divided on whether buy-side momentum can absorb these upcoming token unlocks.