If Aster is Binance's next target to hunt down on-chain perp DEX, then #XPL is the PayPal mafia and Tether rolling in with a truckload 🚛 of funds, ready to hand out money to anyone. So the valuation and pricing for XPL won't be as conservative as Aster. I think a range of 5-10 USD is quite normal in the near term.
In the first round of the hundred billion subsidy war, Aster attracted traffic through airdrops and strong price surges. In the second round of the hundred billion subsidy war, XPL attracted capital and deposits through more convenient airdrops and strong price surges. $2 billion is still $78 billion away from $80 billion. Looking forward to the next Plasma One product that can be used for consumption and financial management. Looking forward to the growth journey of a public chain powered by USDT. Plasma's path has been very smooth, as it has been flattened by USDT.
Show original
20.83K
5
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.