$XPL has been trading on Binance for just two days, and the chart already reflects the volatile moves typical of fresh listings. After an initial surge to around $1.69, the price pulled back toward $1.47, where it’s now attempting to find support.
Such behavior is common for new tokens—early participants lock in profits quickly, while others wait for a more stable entry after the hype fades. The key point is that XPL is still holding above its recent low near $1.38, showing continued buying interest.
In the short term, the next move depends on price action in this range. A solid base above current levels could set up another rally toward the highs, while failure to hold may lead to a deeper pullback before buyers step back in.
