{"id":52931,"date":"2025-10-01T14:15:41","date_gmt":"2025-10-01T11:15:41","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=52931"},"modified":"2025-10-01T14:19:24","modified_gmt":"2025-10-01T11:19:24","slug":"plasma-xpl-price-drop-analysis","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/plasma-xpl-price-drop-analysis\/","title":{"rendered":"Plasma (XPL) Drops 46%: Causes, Analysis, and Market Response"},"content":{"rendered":"<p><span data-contrast=\"auto\">One of the main reasons for <strong><a href=\"https:\/\/coinengineer.net\/blog\/binance-lists-hodler-plasma-xpl\/\">Plasma<\/a> (XPL)<\/strong> sharp decline was the claim that the Plasma project was developed by the same team behind Blast. Blast launched in late 2023 and has since faced multiple issues, including attacks, network outages, lack of transparency in the development process, token distribution problems, and controversial airdrops. These events created investor anxiety and triggered panic selling.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Meanwhile, <strong>ICO<\/strong> investors sold tokens after achieving significant short-term gains, increasing spot selling volume. Analyst Alex Kruger noted that high spot sales contributed to the\u00a0decline\u00a0and it was not caused by short squeeze activity.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/plasma-xpl-price-drop-analysis\/#Spot_Selling_and_Market_Reaction\" title=\"Spot Selling and Market Reaction\u00a0\">Spot Selling and Market Reaction\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/plasma-xpl-price-drop-analysis\/#Analyst_Opinions\" title=\"Analyst Opinions\u00a0\">Analyst Opinions\u00a0<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Spot_Selling_and_Market_Reaction\"><\/span><span data-contrast=\"auto\">Spot Selling and Market Reaction<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><span data-contrast=\"auto\">ICO profit-taking pressured the price<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">FUD rumors triggered panic selling<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">High spot selling increased supply in the market<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Abnormal funding rates accelerated the decline<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-contrast=\"auto\">These factors indicate that XPL drop is more related to market psychology and short-term movements rather than fundamental changes.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-52932 \" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/10\/xpl-analizi-1024x668.jpg\" alt=\"\" width=\"757\" height=\"494\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/10\/xpl-analizi-1024x668.jpg 1024w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/10\/xpl-analizi-300x196.jpg 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/10\/xpl-analizi-768x501.jpg 768w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/10\/xpl-analizi.jpg 1280w\" sizes=\"auto, (max-width: 757px) 100vw, 757px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Analyst_Opinions\"><\/span><span data-contrast=\"auto\">Analyst Opinions<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-contrast=\"auto\">Charts show XPL bullish structure was disrupted, but analysts expect recovery if FUD subsides and ICO selling pressure eases. Our analysis highlighted $0.8877 as a strong support level, with a ~20% rebound already observed. Recent stablecoin applications also continue to attract institutional investor interest.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{}\"> <em>Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Telegram,\u00a0<\/a><a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">YouTube\u00a0<\/a>and\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/twitter.com\/coinengineers\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Twitter<\/a>\u00a0channels for the latest news and updates.<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the main reasons for Plasma (XPL) sharp decline was the claim that the Plasma project was developed by the same team behind Blast. Blast launched in late 2023 and has since faced multiple issues, including attacks, network outages, lack of transparency in the development process, token distribution problems, and controversial airdrops. These events<\/p>\n","protected":false},"author":36,"featured_media":52933,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[9323,11199,840,24432,24431,24433,10433,12231,22663,24430],"class_list":["post-52931","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-blockchain-news","tag-crypto-crash","tag-crypto-market","tag-fud-rumors","tag-ico-sales","tag-investor-update","tag-price-support","tag-token-drop","tag-xpl","tag-xpl-analysis"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Plasma (XPL) Drops 46%: Causes, Analysis, and Market Response - Coin Engineer<\/title>\n<meta name=\"description\" content=\"Plasma XPL fell over 46% due to FUD rumors and ICO profit-taking. 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