Plasma (XPL) price dropped over 11% recently despite a green broader market, driven by upcoming token unlocks, declining on-chain activity, and reduced stablecoin TVL. This weakened the token’s short-term structure amid fading post-launch hype. Upcoming unlocks of 88.88 million XPL tokens worth $18.13 million on November 25 could pressure supply. On-chain metrics show declining DEX […]